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

Enpro Inc. (NYSE:NPO) has been assigned an average rating of “Moderate Buy” from the five research firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $297.50.

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

Insider Buying and Selling at Enpro

In related news, Director Felix M. Brueck sold 5,853 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $275.84, for a total value of $1,614,491.52. Following the sale, the director directly owned 1,567 shares in the company, valued at $432,241.28. The trade was a 78.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Humphrey sold 1,300 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total transaction of $349,297.00. Following the sale, the director directly owned 3,200 shares of the company’s stock, valued at $859,808. This represents a 28.89% decrease in their ownership of the stock. 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 quarter. Company insiders own 1.60% of the company’s stock.

Institutional Trading of Enpro

Hedge funds have recently bought and sold shares of the company. Cookson Peirce & Co. Inc. purchased a new stake in Enpro during the third quarter valued at about $1,277,000. Hsbc Holdings PLC purchased a new stake in Enpro during the second quarter valued at about $2,124,000. Congress Asset Management Co. lifted its stake in Enpro by 7.3% during the fourth quarter. Congress Asset Management Co. now owns 376,272 shares of the industrial products company’s stock valued at $80,571,000 after buying an additional 25,715 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Enpro by 16.3% during the third quarter. JPMorgan Chase & Co. now owns 90,239 shares of the industrial products company’s stock valued at $20,394,000 after buying an additional 12,651 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its stake in Enpro by 14.4% during the third quarter. Public Sector Pension Investment Board now owns 82,081 shares of the industrial products company’s stock valued at $18,550,000 after buying an additional 10,327 shares in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Price Performance

Shares of NYSE NPO opened at $254.00 on Wednesday. Enpro has a twelve month low of $133.82 and a twelve month high of $286.35. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. The firm has a 50-day moving average of $256.91 and a two-hundred day moving average of $235.37. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 134.39, a PEG ratio of 1.91 and a beta of 1.54.

Enpro (NYSE:NPO) last released its earnings results on Wednesday, February 18th. The industrial products company reported $1.99 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $280.50 million. During the same period in the previous year, the firm earned $1.57 EPS. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. As a group, analysts expect that Enpro will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, March 4th. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s 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.