Walleye Capital LLC Buys New Stake in Enpro Inc. $NPO

Walleye Capital LLC bought a new position in Enpro Inc. (NYSE:NPO) during the 2nd quarter, Holdings Channel reports. The fund bought 3,867 shares of the industrial products company’s stock, valued at approximately $1,458,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Cedar Mountain Advisors LLC bought a new stake in Enpro during the first quarter valued at about $25,000. Salomon & Ludwin LLC increased its stake 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 worth $29,000 after purchasing an additional 46 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Enpro in the fourth quarter worth about $33,000. EverSource Wealth Advisors LLC lifted its position in shares of 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 purchasing an additional 51 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Enpro during the 3rd quarter worth about $62,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

NPO has been the subject of several recent analyst reports. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. KeyCorp lifted their price target on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Zacks Research upgraded Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. initiated coverage on Enpro in a research report on Monday, July 20th. They issued an “overweight” rating and a $420.00 price objective for the company. Finally, Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Enpro presently has a consensus rating of “Buy” and a consensus target price of $358.33.

Enpro Stock Up 2.0%

Shares of NPO opened at $342.88 on Friday. The company has a 50-day simple moving average of $340.33 and a 200-day simple moving average of $297.83. The firm has a market capitalization of $7.26 billion, a P/E ratio of 167.26, a P/E/G ratio of 2.35 and a beta of 1.54. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.43 and a current ratio of 2.28. Enpro Inc. has a 52 week low of $202.00 and a 52 week high of $390.42.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.18. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business had revenue of $338.80 million during the quarter, compared to analysts’ expectations of $323.68 million. During the same quarter last year, the company earned $1.25 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, equities research analysts expect that Enpro Inc. will post 9.55 earnings per share for the current year.

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 annualized dividend and a yield of 0.4%. Enpro’s dividend payout ratio is 62.44%.

Enpro Company Profile

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.