Strs Ohio Invests $210,000 in Enpro Inc. $NPO

Strs Ohio acquired a new position in Enpro Inc. (NYSE:NPO) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,300 shares of the industrial products company’s stock, valued at approximately $210,000.

Several other large investors also recently bought and sold shares of the stock. Opal Wealth Advisors LLC purchased a new stake in shares of Enpro in the 1st quarter valued at $32,000. GAMMA Investing LLC lifted its stake in shares of Enpro by 94.5% in the 1st quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company’s stock valued at $81,000 after purchasing an additional 242 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Enpro in the 1st quarter valued at $115,000. Vista Finance LLC raised its position in Enpro by 7.0% during the first 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 period. Finally, United Services Automobile Association acquired a new position in Enpro during the first quarter worth $220,000. Hedge funds and other institutional investors 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 business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $223.77, for a total transaction of $568,599.57. Following the sale, the executive vice president directly owned 29,116 shares in the company, valued at approximately $6,515,287.32. The trade was a 8.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NPO. Oppenheimer increased their target price on shares of Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a research report on Sunday, August 3rd. Finally, KeyCorp raised their price objective on shares of Enpro from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $240.00.

Enpro Stock Down 2.4%

Shares of NYSE:NPO opened at $218.60 on Thursday. The firm’s 50 day moving average price is $218.66 and its 200 day moving average price is $189.74. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 54.65, a price-to-earnings-growth ratio of 2.24 and a beta of 1.57. Enpro Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $231.94. The company has a quick ratio of 1.65, a current ratio of 2.49 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 earnings per share 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 during the quarter, compared to analysts’ expectations of $283.83 million. During the same quarter last year, the business earned $2.08 earnings per share. The business’s quarterly revenue was up 6.0% on a year-over-year basis. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. As a group, equities research analysts predict that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd were given a dividend of $0.31 per share. 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 presently 31.00%.

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.