Enpro (NYSE:NPO) Director John Humphrey Sells 1,300 Shares

Enpro Inc. (NYSE:NPO) Director John Humphrey sold 1,300 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total value of $349,297.00. Following the completion of the transaction, the director owned 3,200 shares in the company, valued at $859,808. This represents a 28.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Enpro Stock Down 2.5%

NYSE NPO traded down $6.65 on Thursday, reaching $260.10. The company had a trading volume of 29,998 shares, compared to its average volume of 200,379. The stock has a market capitalization of $5.53 billion, a P/E ratio of 137.62, a P/E/G ratio of 2.10 and a beta of 1.58. The company’s fifty day moving average is $242.54 and its 200 day moving average is $229.25. Enpro Inc. has a 52-week low of $133.50 and a 52-week high of $286.35. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.42.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.08. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The firm had revenue of $295.40 million for the quarter, compared to the consensus estimate of $280.50 million. During the same period in the previous year, the firm earned $1.57 EPS. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Sell-side analysts anticipate that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a positive change from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is currently 65.61%.

Institutional Investors Weigh In On Enpro

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. raised its stake in shares of Enpro by 1,651.9% during the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after purchasing an additional 386,406 shares during the period. Wasatch Advisors LP boosted its stake in Enpro by 34.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after purchasing an additional 270,909 shares during the period. Invesco Ltd. grew its holdings in Enpro by 26.5% during the 3rd quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock valued at $186,527,000 after buying an additional 172,991 shares in the last quarter. Tributary Capital Management LLC increased its position in shares of Enpro by 90.2% during the third quarter. Tributary Capital Management LLC now owns 319,740 shares of the industrial products company’s stock valued at $72,261,000 after buying an additional 151,661 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in shares of Enpro by 36,070.1% in the fourth quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock worth $22,540,000 after buying an additional 104,964 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Oppenheimer increased their price target on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, February 19th. KeyCorp upped their price objective on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $297.50.

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.