Voya Investment Management LLC Has $2.98 Million Stake in Enpro Inc. $NPO

Voya Investment Management LLC lifted its holdings in shares of Enpro Inc. (NYSE:NPO) by 21.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,414 shares of the industrial products company’s stock after buying an additional 3,261 shares during the quarter. Voya Investment Management LLC owned about 0.09% of Enpro worth $2,979,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in shares of Enpro during the 1st quarter worth approximately $32,000. GAMMA Investing LLC grew its position in shares of Enpro by 94.5% during the 1st quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company’s stock worth $81,000 after buying an additional 242 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in Enpro during the 1st quarter worth approximately $115,000. Vista Finance LLC boosted its stake in Enpro by 7.0% during the 1st quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company’s stock worth $205,000 after acquiring an additional 83 shares during the last quarter. Finally, Strs Ohio bought a new position in Enpro during the 1st quarter worth approximately $210,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Insider Activity at Enpro

In other Enpro news, EVP Robert Savage Mclean sold 2,541 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $223.77, for a total value of $568,599.57. Following the transaction, the executive vice president directly owned 29,116 shares in the company, valued at $6,515,287.32. The trade was a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NPO has been the topic of several recent analyst reports. Oppenheimer lifted their price objective on shares of Enpro from $215.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. KeyCorp lifted their price objective on shares of Enpro from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a research note on Sunday, August 3rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Enpro has a consensus rating of “Buy” and an average target price of $240.00.

Enpro Stock Performance

NYSE NPO opened at $224.56 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is $217.50 and its two-hundred day moving average price is $188.87. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $231.94. The firm has a market capitalization of $4.73 billion, a P/E ratio of 56.14, a price-to-earnings-growth ratio of 2.25 and a beta of 1.57.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.05). Enpro had a return on equity of 10.49% and a net margin of 7.83%.The firm had revenue of $288.10 million for the quarter, compared to the consensus estimate of $283.83 million. During the same period last year, the company posted $2.08 earnings per share. The business’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. As a group, research analysts anticipate that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, September 3rd. Enpro’s payout ratio is currently 31.00%.

Enpro 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.