Enpro Inc. $NPO Shares Acquired by Congress Asset Management Co.

Congress Asset Management Co. boosted its position in shares of Enpro Inc. (NYSE:NPO) by 2.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 350,557 shares of the industrial products company’s stock after buying an additional 8,992 shares during the quarter. Congress Asset Management Co. owned 1.67% of Enpro worth $79,226,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in shares of Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares in the last quarter. Vista Finance LLC boosted its holdings in Enpro by 4.1% during the second quarter. Vista Finance LLC now owns 1,319 shares of the industrial products company’s stock worth $253,000 after buying an additional 52 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in Enpro by 0.9% during the second quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company’s stock worth $1,185,000 after buying an additional 58 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Enpro by 0.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,023 shares of the industrial products company’s stock worth $1,428,000 after buying an additional 64 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its holdings in shares of Enpro by 3.7% in the second quarter. State Board of Administration of Florida Retirement System now owns 1,957 shares of the industrial products company’s stock valued at $375,000 after buying an additional 69 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors.

Enpro Stock Up 0.7%

NYSE:NPO opened at $206.76 on Friday. The business’s fifty day moving average price is $220.63 and its 200 day moving average price is $214.52. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 50.80, a PEG ratio of 1.76 and a beta of 1.58. The company has a current ratio of 2.44, a quick ratio of 1.69 and a debt-to-equity ratio of 0.29. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $248.88.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, November 4th. The industrial products company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.06. The company had revenue of $286.60 million for the quarter, compared to analysts’ expectations of $276.57 million. Enpro had a return on equity of 10.77% and a net margin of 7.81%.Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, sell-side analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. Enpro’s payout ratio is presently 30.47%.

Analyst Ratings Changes

Several research firms have recently weighed in on NPO. Weiss Ratings reissued a “hold (c+)” rating on shares of Enpro in a research note on Monday, December 8th. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Zacks Research downgraded Enpro from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, KeyCorp raised their target price on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $245.00.

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.