Enpro (NYSE:NPO) Posts Earnings Results, Beats Estimates By $0.24 EPS

Enpro (NYSE:NPO) posted its quarterly earnings data on Tuesday. The industrial products company reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.24, reports. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business had revenue of $350.80 million for the quarter, compared to analyst estimates of $334.04 million. During the same quarter last year, the business earned $1.01 earnings per share. The business’s revenue for the quarter was up 22.4% on a year-over-year basis.

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

• Strong Q3 performance: Revenue rose 22.4% year over year to $350.8 million, adjusted EBITDA increased 31.7% to $91.3 million, and adjusted EPS grew 33.7% to $2.66, with the EBITDA margin expanding to 26%.
• Full-year 2026 guidance was raised to revenue of $1.33 billion-$1.34 billion, adjusted EBITDA of $340 million-$345 million, and adjusted EPS of $9.70-$9.95, reflecting stronger expected performance across both segments.
• Advanced Surface Technologies accelerated: AST sales grew 25.8%, while segment EBITDA increased 57.3% and margins expanded 500 basis points to 25.1%. Strong semiconductor demand and customer visibility extend through at least 2027, though increased capacity investments are expected in 2027.
• Sealing Technologies continued to deliver premium profitability: Sales increased 20.5% including acquisitions, and segment EBITDA rose 21.8% with a 32.6% margin. Growth was broad-based across aerospace, general industrial, digital infrastructure, compositional analysis, and improving commercial vehicle markets.
• Balance-sheet flexibility remains strong: Enpro generated $129.2 million of free cash flow through nine months, reduced revolving debt by $135 million year to date, and lowered net leverage to 1.4 times EBITDA. The board also approved a new $50 million share-repurchase authorization, while management continues to evaluate strategic acquisitions.

Enpro Price Performance

Shares of NYSE NPO traded up $22.79 during midday trading on Tuesday, reaching $291.77. The company’s stock had a trading volume of 12,390 shares, compared to its average volume of 222,205. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average price of $297.22 and a 200 day moving average price of $295.92. Enpro has a one year low of $202.00 and a one year high of $390.42. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 141.77, a price-to-earnings-growth ratio of 1.97 and a beta of 1.58.

Enpro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, December 2nd. Enpro’s payout ratio is presently 62.44%.

Analysts Set New Price Targets

A number of research firms have weighed in on NPO. KeyCorp upped their target price on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. initiated coverage on Enpro in a research report on Monday, July 20th. They set an “overweight” rating and a $420.00 price target on the stock. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. Finally, Zacks Research lowered Enpro from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Enpro currently has an average rating of “Moderate Buy” and a consensus target price of $358.33.

About Enpro

Enpro Inc (NYSE:NPO) is an industrial technology company that designs and manufactures engineered products for demanding applications. Its offerings are used in industries including semiconductor manufacturing, aerospace, power generation, chemical processing, oil and gas, and general industrial markets, where reliability, precision, and resistance to heat, pressure, and corrosive environments are important.

Enpro operates through businesses focused on sealing technologies and advanced surface technologies.