Natixis Advisors LLC decreased its stake in Enpro Inc. (NYSE:NPO – Free Report) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,276 shares of the industrial products company’s stock after selling 1,517 shares during the period. Natixis Advisors LLC’s holdings in Enpro were worth $3,271,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Salomon & Ludwin LLC boosted its position in shares of 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 buying an additional 46 shares during the period. Trust Co. of Vermont purchased a new stake in shares of Enpro in the fourth quarter worth about $32,000. Jones Financial Companies Lllp boosted its position in shares of 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 buying an additional 104 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of 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 buying an additional 51 shares during the period. Finally, Strategic Advocates LLC purchased a new stake in shares of Enpro in the third quarter worth about $45,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Weiss Ratings raised Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. KeyCorp increased their price target on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, Oppenheimer increased their price target on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $315.00.
Enpro Trading Up 2.1%
Shares of NPO opened at $329.69 on Wednesday. The company has a market capitalization of $6.97 billion, a P/E ratio of 162.41, a P/E/G ratio of 2.35 and a beta of 1.55. Enpro Inc. has a one year low of $179.64 and a one year high of $335.71. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. The stock has a 50-day moving average price of $293.21 and a 200 day moving average price of $258.75.
Enpro (NYSE:NPO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. The firm had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. Enpro had a return on equity of 11.33% and a net margin of 3.70%.Enpro’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Sell-side analysts forecast that Enpro Inc. will post 9.14 EPS for the current fiscal year.
Enpro Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be issued a $0.32 dividend. 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 dividend payout ratio is currently 63.05%.
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.
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