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

Enpro Inc. (NYSE:NPO) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $245.00.

A number of brokerages recently issued reports on NPO. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Oppenheimer lifted their price target on Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Enpro in a report on Wednesday, October 8th. KeyCorp raised their price objective on Enpro from $240.00 to $250.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Finally, Zacks Research cut Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th.

Insider Buying and Selling

In related news, EVP Robert Savage Mclean sold 2,541 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were 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 owned 29,116 shares of the company’s stock, valued at $6,515,287.32. This represents a 8.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Enpro

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wasatch Advisors LP lifted its holdings in shares of Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after purchasing an additional 270,909 shares during the period. Alliancebernstein L.P. raised its position in Enpro by 1,651.9% during the 2nd 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 last quarter. Congress Asset Management Co. raised its position in Enpro by 2.6% during the 3rd quarter. Congress Asset Management Co. now owns 350,557 shares of the industrial products company’s stock worth $79,226,000 after purchasing an additional 8,992 shares during the last quarter. Tributary Capital Management LLC lifted its holdings in Enpro by 90.2% during the 3rd quarter. Tributary Capital Management LLC now owns 319,740 shares of the industrial products company’s stock worth $72,261,000 after buying an additional 151,661 shares during the period. Finally, Bamco Inc. NY grew its position in shares of Enpro by 23.0% in the 2nd quarter. Bamco Inc. NY now owns 287,128 shares of the industrial products company’s stock valued at $54,999,000 after buying an additional 53,713 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Stock Down 6.4%

NPO stock opened at $212.85 on Friday. Enpro has a 52 week low of $133.50 and a 52 week high of $248.88. The business has a 50-day simple moving average of $224.17 and a 200 day simple moving average of $204.23. The company has a quick ratio of 1.65, a current ratio of 2.49 and a debt-to-equity ratio of 0.31. The company has a market cap of $4.48 billion, a PE ratio of 53.21, a price-to-earnings-growth ratio of 2.27 and a beta of 1.60.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, November 4th. The industrial products company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.93 by $0.06. The firm had revenue of $286.60 million for the quarter, compared to analyst estimates of $276.57 million. Enpro had a net margin of 7.83% and a return on equity of 10.49%. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. Sell-side analysts anticipate that Enpro will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. Enpro’s payout ratio is 31.00%.

About Enpro

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.