Enpro (NYSE:NPO) Rating Lowered to “Hold” at Wall Street Zen

Enpro (NYSE:NPO) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday, Wall Street Zen reports.

Several other research analysts also recently weighed in on NPO. KeyCorp boosted their price target on Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Zacks Research upgraded Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. began coverage on Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Enpro currently has a consensus rating of “Buy” and an average price target of $358.33.

Enpro Price Performance

NYSE:NPO opened at $296.72 on Friday. The firm has a market cap of $6.28 billion, a price-to-earnings ratio of 144.74, a price-to-earnings-growth ratio of 2.07 and a beta of 1.55. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36. The company’s 50-day moving average is $323.79 and its two-hundred day moving average is $303.78. Enpro has a 12-month low of $202.00 and a 12-month high of $390.42.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.18. The company had revenue of $338.80 million for the quarter, compared to analysts’ expectations of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Research analysts expect that Enpro will post 9.55 EPS for the current year.

Institutional Trading of Enpro

Institutional investors have recently modified their holdings of the company. Corient Private Wealth LP raised its holdings in Enpro by 12.2% in the second quarter. Corient Private Wealth LP now owns 7,516 shares of the industrial products company’s stock valued at $2,833,000 after buying an additional 818 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Enpro during the second quarter valued at approximately $1,387,000. California State Teachers Retirement System grew its stake in Enpro by 34,727.3% during the second quarter. California State Teachers Retirement System now owns 8,950,957 shares of the industrial products company’s stock worth $3,373,884,000 after buying an additional 8,925,256 shares during the period. HB Wealth Management LLC purchased a new stake in Enpro during the second quarter worth approximately $218,000. Finally, Turner Financial Group Inc. acquired a new stake in shares of Enpro in the second quarter worth $274,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

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.