Deutsche Bank AG Lowers Position in Enpro Inc. $NPO

Deutsche Bank AG cut its position in shares of Enpro Inc. (NYSE:NPO) by 6.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,889 shares of the industrial products company’s stock after selling 1,235 shares during the quarter. Deutsche Bank AG owned about 0.09% of Enpro worth $2,894,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Xponance Inc. boosted its position in shares of Enpro by 5.1% during the first quarter. Xponance Inc. now owns 1,570 shares of the industrial products company’s stock valued at $254,000 after purchasing an additional 76 shares in the last quarter. Vista Finance LLC boosted its position in shares of Enpro by 7.0% during the first quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company’s stock valued at $205,000 after purchasing an additional 83 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Enpro by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,597 shares of the industrial products company’s stock valued at $1,310,000 after purchasing an additional 84 shares in the last quarter. Illinois Municipal Retirement Fund boosted its position in shares of Enpro by 1.1% during the first quarter. Illinois Municipal Retirement Fund now owns 11,268 shares of the industrial products company’s stock valued at $1,823,000 after purchasing an additional 118 shares in the last quarter. Finally, Portside Wealth Group LLC boosted its position in shares of Enpro by 7.9% during the first quarter. Portside Wealth Group LLC now owns 1,864 shares of the industrial products company’s stock valued at $302,000 after purchasing an additional 137 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors.

Enpro Stock Down 0.2%

Enpro stock opened at $226.3450 on Wednesday. The firm has a market cap of $4.76 billion, a price-to-earnings ratio of 56.59, a PEG ratio of 2.27 and a beta of 1.62. The stock has a fifty day simple moving average of $204.72 and a two-hundred day simple moving average of $183.90. Enpro Inc. has a 12 month low of $133.50 and a 12 month high of $231.94. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $2.03 EPS for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.05). Enpro had a net margin of 7.83% and a return on equity of 10.49%. The firm had revenue of $288.10 million for the quarter, compared to analysts’ expectations of $283.83 million. During the same quarter last year, the company posted $2.08 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. Equities analysts predict that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd will be issued a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Enpro’s dividend payout ratio is currently 31.00%.

Analysts Set New Price Targets

A number of research analysts have issued reports on NPO shares. Sidoti upgraded Enpro to a “strong-buy” rating in a research note on Wednesday, April 23rd. KeyCorp lifted their price objective on Enpro from $220.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research note on Sunday, August 3rd. Finally, Oppenheimer lifted their price objective on Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat, Enpro has a consensus rating of “Buy” and an average price target of $240.00.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.