Enpro Inc. (NYSE:NPO) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Enpro Inc. (NYSE:NPO) have been given a consensus rating of “Moderate Buy” by the five analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a 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 $358.3333.

A number of brokerages have issued reports on NPO. KeyCorp raised their price objective on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. initiated coverage on Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 price target on the stock. Finally, Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th.

Enpro Price Performance

Shares of NPO stock opened at $333.52 on Monday. The stock has a 50-day moving average price of $335.08 and a 200 day moving average price of $288.43. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. The firm has a market cap of $7.05 billion, a price-to-earnings ratio of 164.29, a PEG ratio of 2.43 and a beta of 1.51. Enpro has a 12 month low of $202.00 and a 12 month high of $390.42.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. During the same period in the prior year, the company posted $1.90 EPS. The company’s revenue was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Research analysts expect that Enpro will post 9.16 EPS for the current year.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were paid a $0.32 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.28 annualized dividend and a yield of 0.4%. Enpro’s dividend payout ratio is presently 63.05%.

Hedge Funds Weigh In On Enpro

Several institutional investors have recently modified their holdings of NPO. Alliancebernstein L.P. raised its holdings in Enpro by 1,651.9% in the second quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock worth $78,497,000 after purchasing an additional 386,406 shares during the period. Wasatch Advisors LP grew its holdings in shares of Enpro by 34.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock valued at $204,152,000 after buying an additional 270,909 shares during the period. Invesco Ltd. grew its holdings in shares of Enpro by 26.5% in the 3rd quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock valued at $186,527,000 after buying an additional 172,991 shares during the period. Bessemer Group Inc. increased its position in shares of Enpro by 36,070.1% in the 4th quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock valued at $22,540,000 after buying an additional 104,964 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Enpro by 32.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 350,948 shares of the industrial products company’s stock valued at $75,149,000 after buying an additional 85,667 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

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.