Enpro (NYSE:NPO) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of Enpro (NYSE:NPO) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

A number of other research firms have also recently weighed in on NPO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. KeyCorp boosted their target price on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Oppenheimer increased their price target on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $297.50.

Enpro Stock Down 0.2%

Shares of NYSE:NPO opened at $273.97 on Friday. Enpro has a 1-year low of $133.50 and a 1-year high of $286.35. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.32 and a quick ratio of 1.50. The stock has a market cap of $5.82 billion, a P/E ratio of 144.96, a P/E/G ratio of 2.07 and a beta of 1.58. The firm has a fifty day moving average price of $240.05 and a 200 day moving average price of $228.53.

Enpro (NYSE:NPO) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.08. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The business had revenue of $295.40 million during the quarter, compared to analysts’ expectations of $280.50 million. During the same period in the prior year, the company earned $1.57 earnings per share. The business’s revenue was up 14.3% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Sell-side analysts predict that Enpro will post 7.38 EPS for the current year.

Enpro Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.28 annualized dividend and a dividend yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is 65.61%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Westfuller Advisors LLC purchased a new stake in shares of Enpro during the 3rd quarter worth $25,000. Salomon & Ludwin LLC increased its holdings in shares of Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 46 shares in the last quarter. Huntington National Bank lifted its stake in shares of Enpro by 106.3% in the second quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 85 shares during the period. Trust Co. of Vermont acquired a new stake in shares of Enpro in the fourth quarter valued at about $32,000. Finally, Private Trust Co. NA boosted its holdings in Enpro by 98.6% during the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after buying an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

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.