Gibbs Wealth Management Has $1.24 Million Holdings in Enpro Inc. $NPO

Gibbs Wealth Management raised its stake in Enpro Inc. (NYSE:NPO) by 63.8% in the first quarter, Holdings Channel.com reports. The firm owned 4,954 shares of the industrial products company’s stock after acquiring an additional 1,930 shares during the period. Gibbs Wealth Management’s holdings in Enpro were worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of NPO. First Citizens Bank & Trust Co. increased its holdings in shares of Enpro by 2.0% during the 1st quarter. First Citizens Bank & Trust Co. now owns 1,780 shares of the industrial products company’s stock worth $446,000 after purchasing an additional 35 shares during the period. Lido Advisors LLC lifted its stake in shares of Enpro by 2.6% in the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock valued at $402,000 after buying an additional 45 shares during the period. Salomon & Ludwin LLC lifted its stake 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 valued at $29,000 after buying an additional 46 shares during the period. Maryland State Retirement & Pension System grew its position in Enpro by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock worth $659,000 after buying an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Enpro by 36.2% during 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 in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Price Performance

Shares of Enpro stock opened at $336.85 on Friday. 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 firm’s 50-day simple moving average is $334.65 and its 200-day simple moving average is $287.64. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The firm has a market cap of $7.12 billion, a P/E ratio of 165.94, a price-to-earnings-growth ratio of 2.43 and a beta of 1.51.

Enpro (NYSE:NPO) 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 the consensus estimate of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The firm had revenue of $303.00 million during the quarter, compared to analyst estimates of $303.90 million. During the same quarter in the prior year, the business posted $1.90 earnings per share. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, research analysts expect that Enpro Inc. will post 9.16 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Wednesday, June 3rd. Enpro’s dividend payout ratio is currently 63.05%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NPO. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. KeyCorp raised their price objective on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. began coverage on Enpro in a report on Monday. They set an “overweight” rating and a $420.00 price objective on the stock. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Enpro has a consensus rating of “Moderate Buy” and a consensus target price of $358.33.

Enpro 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.