Enpro (NYSE:NPO) Announces Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Enpro (NYSE:NPO) announced its quarterly earnings results on Tuesday. The industrial products company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.18, FiscalAI reports. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The company had revenue of $338.80 million during the quarter, compared to analysts’ expectations of $323.68 million. During the same period last year, the business earned $1.25 earnings per share. Enpro’s quarterly revenue was up 17.6% on a year-over-year basis. Enpro updated its FY 2026 guidance to 9.300-9.800 EPS.

Here are the key takeaways from Enpro’s conference call:

• Enpro raised its 2026 outlook, now expecting sales growth of 14%-16%, adjusted EBITDA of $330 million-$340 million, and adjusted diluted EPS of $9.30-$9.80.
• Second-quarter sales rose 17.6% year over year to $338.8 million, while adjusted EBITDA increased more than 22% to $86.9 million; the adjusted EBITDA margin expanded 90 basis points to 25.6%.
• Advanced Surface Technologies is benefiting from accelerating semiconductor investment tied to AI, advanced computing, and communications infrastructure, with customer visibility extending through 2027. Enpro expects AST revenue to grow 20% in the second half and margins to approach 25% by year-end.
• Enpro is increasing 2026 capital expenditure expectations to $60 million-$65 million, primarily to expand AST precision-cleaning capacity in Arizona, California, and Taiwan in response to customer demand.
• Commercial vehicle markets, particularly trailers, remain soft but showed early signs of stabilization; management believes the business may be at a bottom and expects a more meaningful recovery next year, while noting that the 2026 guidance does not assume significant improvement.

Enpro Price Performance

Shares of NYSE:NPO traded down $5.87 during midday trading on Tuesday, reaching $328.24. 114,104 shares of the company’s stock traded hands, compared to its average volume of 243,107. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. The company has a market cap of $6.93 billion, a P/E ratio of 161.13, a PEG ratio of 2.28 and a beta of 1.51. Enpro has a 1 year low of $202.00 and a 1 year high of $390.42. The company has a fifty day simple moving average of $336.39 and a two-hundred day simple moving average of $292.06.

Enpro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.32 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s dividend payout ratio (DPR) is 63.05%.

Institutional Investors Weigh In On Enpro

Large investors have recently bought and sold shares of the company. Alliancebernstein L.P. boosted its stake in Enpro by 1,651.9% during the second quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock worth $78,497,000 after buying an additional 386,406 shares during the last quarter. Wasatch Advisors LP increased its stake in shares of Enpro by 34.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after acquiring an additional 270,909 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Enpro by 26.5% during the 3rd quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock worth $186,527,000 after acquiring an additional 172,991 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Enpro by 32.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 350,948 shares of the industrial products company’s stock worth $75,149,000 after acquiring an additional 85,667 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Enpro by 134.5% during the 2nd quarter. Sei Investments Co. now owns 110,361 shares of the industrial products company’s stock valued at $21,140,000 after acquiring an additional 63,293 shares during the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NPO. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. KeyCorp boosted their target price on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Enpro in a research report on Monday, July 20th. They set an “overweight” rating and a $420.00 price target on the stock. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Enpro has an average rating of “Moderate Buy” and an average target price of $358.33.

About Enpro

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.