ProShare Advisors LLC Acquires 9,404 Shares of Enpro Inc. $NPO

ProShare Advisors LLC raised its holdings in shares of Enpro Inc. (NYSE:NPO – Free Report) by 40.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,372 shares of the industrial products company’s stock after acquiring an additional 9,404 shares during the quarter. ProShare Advisors LLC owned about 0.15% of Enpro worth $9,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in NPO. BlackRock Inc. bought a new position in shares of Enpro in the second quarter worth $1,268,036,000. Bamco Inc. NY purchased a new position in shares of Enpro in the second quarter valued at $150,577,000. Jupiter Topco LLC bought a new stake in shares of Enpro during the 2nd quarter valued at $65,672,000. Bank of New York Mellon Corp bought a new stake in shares of Enpro during the 2nd quarter valued at $54,496,000. Finally, Legal & General Group Plc purchased a new stake in Enpro during the 2nd quarter worth about $18,353,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Trending Headlines about Enpro

Here are the key news stories impacting Enpro this week:

  • Positive Sentiment: Enpro earned $2.66 per share, topping the $2.42 analyst consensus. Revenue of $350.8 million also exceeded expectations of $334 million and rose 22.4% year over year. Enpro Q3 results and guidance
  • Positive Sentiment: The company raised its 2026 adjusted EPS outlook, signaling improved expectations for the full year and adding to the positive read-through from the quarterly beat. Enpro raises 2026 adjusted earnings outlook

Analyst Upgrades and Downgrades

Several research analysts have commented on NPO shares. KeyCorp raised their target price on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. JPMorgan Chase & Co. assumed coverage on Enpro in a research report on Monday, July 20th. They set an “overweight” rating and a $420.00 price target on the stock. Zacks Research downgraded shares of Enpro from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Finally, Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Enpro currently has an average rating of “Moderate Buy” and a consensus price target of $358.33.

Get Our Latest Stock Analysis on NPO

Enpro Stock Up 5.6%

NPO opened at $284.02 on Wednesday. The company has a fifty day moving average price of $296.80 and a 200-day moving average price of $296.19. The firm has a market capitalization of $6.01 billion, a P/E ratio of 138.55, a price-to-earnings-growth ratio of 1.87 and a beta of 1.64. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43. Enpro Inc. has a one year low of $202.00 and a one year high of $390.42.

Enpro (NYSE:NPO – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.24. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The firm had revenue of $350.80 million for the quarter, compared to analysts’ expectations of $334.04 million. During the same quarter in the prior year, the firm posted $1.01 earnings per share. The business’s quarterly revenue was up 22.4% on a year-over-year basis. Equities research analysts expect that Enpro Inc. will post 9.59 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, December 2nd. Enpro’s payout ratio is presently 62.44%.

Enpro Profile

(Free Report)

Enpro Inc (NYSE:NPO) is an industrial technology company that designs and manufactures engineered products for demanding applications. Its offerings are used in industries including semiconductor manufacturing, aerospace, power generation, chemical processing, oil and gas, and general industrial markets, where reliability, precision, and resistance to heat, pressure, and corrosive environments are important.

Enpro operates through businesses focused on sealing technologies and advanced surface technologies.

Further Reading

Institutional Ownership by Quarter for Enpro (NYSE:NPO)

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