ProShare Advisors LLC Sells 2,085 Shares of Enpro Inc. $NPO

ProShare Advisors LLC cut its holdings in Enpro Inc. (NYSE:NPO) by 6.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,238 shares of the industrial products company’s stock after selling 2,085 shares during the period. ProShare Advisors LLC owned approximately 0.14% of Enpro worth $6,475,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of NPO. Westfuller Advisors LLC bought a new stake in Enpro in the third quarter worth $25,000. Salomon & Ludwin LLC boosted its holdings in Enpro by 55.4% in the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 46 shares in the last quarter. Trust Co. of Vermont bought a new stake in Enpro in the fourth quarter worth $32,000. Jones Financial Companies Lllp boosted its holdings in Enpro by 236.4% in the third quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 104 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Enpro by 36.2% in the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 51 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NPO has been the subject of a number of recent research reports. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Oppenheimer upped their price objective on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. KeyCorp boosted their target price on shares of Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Enpro presently has a consensus rating of “Moderate Buy” and an average price target of $315.00.

Enpro Stock Up 1.9%

Enpro stock opened at $308.57 on Friday. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of 152.00, a P/E/G ratio of 2.21 and a beta of 1.56. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40. Enpro Inc. has a fifty-two week low of $173.63 and a fifty-two week high of $326.98. The firm has a fifty day moving average price of $277.46 and a two-hundred day moving average price of $249.97.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. The firm had revenue of $303.00 million during the quarter, compared to analyst estimates of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The business’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, analysts forecast that Enpro Inc. will post 9.14 earnings per share for the current year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s payout ratio is currently 63.05%.

Insider Activity

In other news, CAO Steven R. Bower sold 507 shares of the company’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 completion of the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Robert Savage Mclean sold 2,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $277.50, for a total transaction of $555,000.00. Following the transaction, the executive vice president directly owned 29,909 shares of the company’s stock, valued at $8,299,747.50. This represents a 6.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,660 shares of company stock worth $2,653,220 in the last 90 days. Insiders own 1.60% of the company’s stock.

Enpro Profile

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.