Intech Investment Management LLC trimmed its stake in shares of Enpro Inc. (NYSE:NPO – Free Report) by 11.9% during the fourth quarter, HoldingsChannel reports. The fund owned 12,193 shares of the industrial products company’s stock after selling 1,649 shares during the quarter. Intech Investment Management LLC’s holdings in Enpro were worth $2,611,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in NPO. AQR Capital Management LLC boosted its stake in Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock valued at $532,000 after acquiring an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Enpro by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock valued at $2,023,000 after acquiring an additional 552 shares during the last quarter. Jones Financial Companies Lllp bought a new position in Enpro during the 1st quarter valued at $247,000. United Services Automobile Association bought a new position in Enpro during the 1st quarter valued at $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Enpro by 17.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock valued at $11,148,000 after acquiring an additional 10,162 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have commented on NPO. Oppenheimer increased their price objective on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. KeyCorp raised their price target 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 upgraded shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Enpro currently has a consensus rating of “Moderate Buy” and an average target price of $315.00.
Enpro Trading Up 3.5%
Enpro stock opened at $316.16 on Wednesday. The firm’s 50-day moving average is $285.08 and its 200-day moving average is $254.09. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. Enpro Inc. has a 1 year low of $179.64 and a 1 year high of $326.98. The company has a market cap of $6.68 billion, a P/E ratio of 155.74, a PEG ratio of 2.23 and a beta of 1.55.
Enpro (NYSE:NPO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. During the same period last year, the firm posted $1.90 EPS. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. On average, equities analysts expect that Enpro Inc. will post 9.14 earnings per share for the current year.
Enpro Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a $0.32 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.28 annualized dividend and a yield of 0.4%. Enpro’s dividend payout ratio (DPR) is currently 63.05%.
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.
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