Analysts Set Enpro Inc. (NYSE:NPO) Price Target at $297.50

Shares of Enpro Inc. (NYSE:NPO) have been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $297.50.

A number of analysts recently issued reports on NPO shares. KeyCorp raised their price objective on Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Oppenheimer upped their target price on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, February 19th. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th.

Insider Transactions at Enpro

In related news, Director John Humphrey sold 1,300 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $268.69, for a total value of $349,297.00. Following the sale, the director owned 3,200 shares in the company, valued at approximately $859,808. The trade was a 28.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert Savage Mclean sold 2,000 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $277.50, for a total value of $555,000.00. Following the transaction, the executive vice president directly owned 29,909 shares in the company, valued at approximately $8,299,747.50. The trade was a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,660 shares of company stock valued at $2,653,220 over the last three months. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Enpro

Institutional investors have recently bought and sold shares of the company. Lido Advisors LLC lifted its position in shares of Enpro by 2.6% during the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock worth $402,000 after purchasing an additional 45 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in shares of Enpro by 55.4% in the fourth 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. Maryland State Retirement & Pension System increased its stake in Enpro by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock worth $659,000 after buying an additional 49 shares during the period. EverSource Wealth Advisors LLC increased its stake in Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after buying an additional 51 shares during the period. Finally, Corient Private Wealth LLC lifted its holdings in Enpro by 3.5% during the 4th quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock worth $347,000 after buying an additional 54 shares in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Trading Up 1.4%

Shares of NPO opened at $250.15 on Friday. Enpro has a 52-week low of $133.50 and a 52-week high of $286.35. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.42. The firm’s fifty day moving average is $248.62 and its two-hundred day moving average is $231.08. The stock has a market cap of $5.32 billion, a PE ratio of 132.36, a price-to-earnings-growth ratio of 1.86 and a beta of 1.56.

Enpro (NYSE:NPO) last issued 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. The business had revenue of $295.40 million during the quarter, compared to analysts’ expectations of $280.50 million. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.57 earnings per share. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Research analysts forecast that Enpro will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This is a positive change from Enpro’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 0.5%. Enpro’s dividend payout ratio is presently 67.72%.

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.