Conestoga Capital Advisors LLC Purchases New Shares in Enpro Inc. $NPO

Conestoga Capital Advisors LLC purchased a new position in shares of Enpro Inc. (NYSE:NPO) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 80,350 shares of the industrial products company’s stock, valued at approximately $20,140,000.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its stake in shares of Enpro by 67.2% in the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock worth $532,000 after buying an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Enpro by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock valued at $2,023,000 after acquiring an additional 552 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Enpro during the first quarter valued at approximately $247,000. United Services Automobile Association purchased a new stake in shares of Enpro during the first quarter valued at approximately $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Enpro by 17.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock worth $11,148,000 after acquiring an additional 10,162 shares during the period. 98.31% of the stock is owned by institutional investors.

Enpro Stock Down 4.1%

Enpro stock opened at $361.44 on Thursday. Enpro Inc. has a twelve month low of $195.48 and a twelve month high of $390.42. The firm has a 50 day moving average price of $324.60 and a 200-day moving average price of $274.85. The company has a market capitalization of $7.64 billion, a P/E ratio of 178.05, a P/E/G ratio of 2.75 and a beta of 1.51. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.06. The company had revenue of $303.00 million during the quarter, compared to analyst estimates of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. Enpro’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, equities analysts predict that Enpro Inc. will post 9.14 EPS for the current year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is currently 63.05%.

Analyst Ratings Changes

NPO has been the topic of several research analyst reports. Weiss Ratings cut Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. KeyCorp raised their target price on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $315.00.

Enpro Company Profile

Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.

Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.