Enpro Inc. $NPO is Trigran Investments Inc.’s 9th Largest Position

Trigran Investments Inc. trimmed its holdings in shares of Enpro Inc. (NYSE:NPO) by 30.1% during the second quarter, Holdings Channel reports. The fund owned 194,547 shares of the industrial products company’s stock after selling 83,699 shares during the quarter. Enpro accounts for 6.5% of Trigran Investments Inc.’s investment portfolio, making the stock its 9th largest holding. Trigran Investments Inc.’s holdings in Enpro were worth $37,265,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. LPL Financial LLC grew its stake in Enpro by 12.2% during the 1st quarter. LPL Financial LLC now owns 21,766 shares of the industrial products company’s stock valued at $3,240,000 after purchasing an additional 2,375 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Enpro by 12.0% in the 1st quarter. Natixis Advisors LLC now owns 16,160 shares of the industrial products company’s stock valued at $2,615,000 after purchasing an additional 1,732 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Enpro during the 1st quarter valued at approximately $349,000. Swiss National Bank grew its position in shares of Enpro by 3.8% during the first quarter. Swiss National Bank now owns 40,700 shares of the industrial products company’s stock worth $6,585,000 after buying an additional 1,500 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Enpro during the first quarter worth approximately $2,302,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

NPO has been the topic of several recent analyst reports. Zacks Research cut shares of Enpro from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a research report on Tuesday, November 25th. Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, KeyCorp lifted their price target on Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $245.00.

Enpro Price Performance

Shares of NYSE:NPO opened at $225.28 on Friday. The company has a market cap of $4.75 billion, a PE ratio of 55.35, a P/E/G ratio of 1.91 and a beta of 1.58. Enpro Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $248.88. The firm has a 50-day simple moving average of $222.50 and a 200 day simple moving average of $211.68. The company has a quick ratio of 1.69, a current ratio of 2.44 and a debt-to-equity ratio of 0.29.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, November 4th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.06. The firm had revenue of $286.60 million for the quarter, compared to analysts’ expectations of $276.57 million. Enpro had a net margin of 7.81% and a return on equity of 10.77%. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, sell-side analysts anticipate that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Enpro’s dividend payout ratio is presently 30.47%.

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.