Enpro (NYSE:NPO) CAO Sells $134,431.05 in Stock

Enpro Inc. (NYSE:NPO) CAO Steven Bower sold 507 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $265.15, for a total transaction of $134,431.05. Following the sale, the chief accounting officer owned 4,695 shares of the company’s stock, valued at approximately $1,244,879.25. This represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Enpro Stock Up 2.1%

NPO traded up $5.52 during trading on Monday, hitting $264.17. 140,189 shares of the company’s stock traded hands, compared to its average volume of 206,920. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of 139.77, a PEG ratio of 1.95 and a beta of 1.56. The company’s 50 day simple moving average is $244.60 and its two-hundred day simple moving average is $229.72. Enpro Inc. has a 12-month low of $133.50 and a 12-month high of $286.35. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.08. The firm had revenue of $295.40 million during the quarter, compared to analysts’ expectations of $280.50 million. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The company’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.57 earnings per share. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Analysts predict that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.32 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.28 annualized dividend and a yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s dividend payout ratio (DPR) is currently 65.61%.

Analyst Ratings Changes

A number of brokerages have recently commented on NPO. Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. Oppenheimer lifted their target price on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, KeyCorp increased their price target on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $297.50.

Institutional Trading of Enpro

Hedge funds and other institutional investors have recently modified their holdings of the company. Lido Advisors LLC lifted its stake in shares of Enpro by 2.6% during the 4th quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock valued at $402,000 after buying an additional 45 shares in the last quarter. Salomon & Ludwin LLC increased its stake in Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after buying an additional 46 shares in the last quarter. Maryland State Retirement & Pension System raised its holdings in Enpro by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock valued at $659,000 after acquiring an additional 49 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 51 shares during the period. Finally, Corient Private Wealth LLC lifted its position in shares of Enpro by 3.5% in the fourth quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock valued at $347,000 after acquiring an additional 54 shares in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

About Enpro

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.