Enpro (NYSE:NPO) Posts Earnings Results, Beats Expectations By $0.06 EPS

Enpro (NYSE:NPO) released its earnings results on Tuesday. The industrial products company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.06, Zacks reports. Enpro had a net margin of 7.83% and a return on equity of 10.49%. The business had revenue of $286.60 million during the quarter, compared to the consensus estimate of $276.57 million. Enpro updated its FY 2025 guidance to 7.750-8.050 EPS.

Enpro Stock Performance

Shares of Enpro stock traded up $8.39 during trading hours on Wednesday, reaching $228.21. 61,081 shares of the stock traded hands, compared to its average volume of 140,828. The company has a 50 day moving average price of $224.44 and a 200 day moving average price of $204.01. The firm has a market capitalization of $4.80 billion, a price-to-earnings ratio of 57.29, a P/E/G ratio of 2.27 and a beta of 1.60. Enpro has a one year low of $133.50 and a one year high of $248.88. The company has a quick ratio of 1.65, a current ratio of 2.49 and a debt-to-equity ratio of 0.31.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.31 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $1.24 annualized dividend and a yield of 0.5%. Enpro’s dividend payout ratio is currently 31.00%.

Insider Activity

In other Enpro news, EVP Robert Savage Mclean sold 2,541 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total value of $568,599.57. Following the completion of the transaction, the executive vice president directly owned 29,116 shares in the company, valued at $6,515,287.32. This represents a 8.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.50% of the company’s stock.

Institutional Trading of Enpro

A number of hedge funds and other institutional investors have recently bought and sold shares of NPO. Osaic Holdings Inc. increased its stake in shares of Enpro by 197.0% during the second quarter. Osaic Holdings Inc. now owns 1,758 shares of the industrial products company’s stock valued at $337,000 after buying an additional 1,166 shares during the period. Orion Porfolio Solutions LLC acquired a new stake in shares of Enpro in the second quarter worth approximately $281,000. Public Sector Pension Investment Board boosted its stake in Enpro by 7.8% during the second quarter. Public Sector Pension Investment Board now owns 71,754 shares of the industrial products company’s stock worth $13,744,000 after buying an additional 5,214 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in shares of Enpro in the 2nd quarter valued at $243,000. Finally, Tower Research Capital LLC TRC lifted its stake in Enpro by 74.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,819 shares of the industrial products company’s stock worth $348,000 after acquiring an additional 775 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analyst Ratings Changes

NPO has been the subject of several analyst reports. KeyCorp lifted their price objective on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Enpro in a research report on Wednesday, October 8th. Oppenheimer upped their price objective on shares of Enpro from $215.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Zacks Research lowered shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $245.00.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.