Enpro (NYSE:NPO) Hits New 12-Month High – Should You Buy?

Shares of Enpro Inc. (NYSE:NPO) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $349.90 and last traded at $346.1210, with a volume of 18912 shares trading hands. The stock had previously closed at $334.60.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Weiss Ratings upgraded Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. KeyCorp lifted their price target on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, Oppenheimer lifted their price target on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Enpro has an average rating of “Moderate Buy” and an average target price of $315.00.

Enpro Stock Up 4.1%

The firm’s 50-day moving average price is $298.17 and its 200 day moving average price is $261.21. The firm has a market capitalization of $7.36 billion, a price-to-earnings ratio of 171.29, a price-to-earnings-growth ratio of 2.44 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, beating the consensus estimate of $2.08 by $0.06. The business had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Sell-side analysts expect that Enpro Inc. will post 9.14 EPS for the current year.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be given a $0.32 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Enpro’s dividend payout ratio is currently 63.05%.

Institutional Trading of Enpro

A number of hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new stake in Enpro in the 1st quarter worth approximately $227,000. Glenmede Trust Co. NA purchased a new stake in Enpro in the 1st quarter worth approximately $227,000. Argent Capital Management LLC grew its stake in Enpro by 54.8% in the 1st quarter. Argent Capital Management LLC now owns 9,685 shares of the industrial products company’s stock worth $2,428,000 after acquiring an additional 3,429 shares during the period. Bank of America Corp DE grew its stake in Enpro by 12.8% in the 1st quarter. Bank of America Corp DE now owns 41,765 shares of the industrial products company’s stock worth $10,468,000 after acquiring an additional 4,731 shares during the period. Finally, Janus Henderson Group PLC grew its stake in Enpro by 13.0% in the 1st quarter. Janus Henderson Group PLC now owns 175,090 shares of the industrial products company’s stock worth $43,883,000 after acquiring an additional 20,187 shares during the period. Institutional investors and hedge funds 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.