Enpro Inc. (NYSE:NPO) Receives Average Rating of “Buy” from Brokerages

Enpro Inc. (NYSE:NPO) has been given an average recommendation of “Buy” by the five research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $358.3333.

A number of analysts recently weighed in on NPO shares. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. KeyCorp increased their price target on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. began coverage on shares of Enpro in a research note on Monday, July 20th. They set an “overweight” rating and a $420.00 price target on the stock. Zacks Research upgraded shares of Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th.

Institutional Trading of Enpro

Institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted 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 valued at $532,000 after acquiring an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Enpro by 4.6% during the 1st 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 during the period. Jones Financial Companies Lllp bought a new position in Enpro during the 1st quarter worth approximately $247,000. United Services Automobile Association bought a new position in Enpro during the 1st quarter worth approximately $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Enpro by 17.3% in the 1st 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 purchasing an additional 10,162 shares during the period. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Enpro Trading Down 2.0%

NYSE NPO opened at $313.06 on Friday. The stock’s 50-day simple moving average is $340.24 and its two-hundred day simple moving average is $300.76. Enpro has a twelve month low of $202.00 and a twelve month high of $390.42. The company has a quick ratio of 1.43, a current ratio of 2.28 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 152.71, a PEG ratio of 2.23 and a beta of 1.54.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. The firm had revenue of $338.80 million during the quarter, compared to analysts’ expectations of $323.68 million. Enpro had a return on equity of 11.83% and a net margin of 3.60%.The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Research analysts forecast that Enpro will post 9.55 EPS for the current fiscal year.

Enpro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 annualized dividend and a yield of 0.4%. Enpro’s payout ratio is currently 62.44%.

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.