Enpro (NYSE:NPO) Hits New 52-Week High – Still a Buy?

Enpro Inc. (NYSE:NPO) shares hit a new 52-week high on Tuesday . The company traded as high as $335.71 and last traded at $333.83, with a volume of 31739 shares trading hands. The stock had previously closed at $322.82.

Analyst Upgrades and Downgrades

NPO has been the topic of a number of recent analyst reports. Oppenheimer raised their target price 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 note on Saturday, February 21st. KeyCorp raised their target price on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $315.00.

Enpro Price Performance

The stock has a market capitalization of $6.86 billion, a PE ratio of 159.89, a P/E/G ratio of 2.28 and a beta of 1.55. The firm’s 50 day simple moving average is $291.57 and its 200 day simple moving average is $257.90. 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 (NYSE:NPO) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, topping the consensus estimate of $2.08 by $0.06. The firm had revenue of $303.00 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, equities analysts forecast that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Dividend Announcement

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

Institutional Investors Weigh In On Enpro

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cedar Mountain Advisors LLC bought a new stake in shares of Enpro in the 1st quarter valued at about $25,000. Salomon & Ludwin LLC lifted its stake in shares of Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 46 shares during the last quarter. Trust Co. of Vermont bought a new stake in shares of Enpro in the 4th quarter valued at about $32,000. Jones Financial Companies Lllp lifted its stake in shares of Enpro by 236.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Enpro in the 4th quarter valued at about $33,000. Institutional investors own 98.31% of the company’s stock.

Enpro Company 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.