Enpro Inc. (NYSE:NPO) Receives Average Rating of “Moderate Buy” from Brokerages

Enpro Inc. (NYSE:NPO) has been given a consensus rating of “Moderate Buy” by the five analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $245.00.

A number of analysts recently weighed in on the company. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Enpro in a research report on Monday, December 8th. Zacks Research downgraded shares of Enpro from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, KeyCorp upped their price objective on shares of Enpro from $240.00 to $250.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Alliancebernstein L.P. boosted its holdings in Enpro by 1,651.9% during the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after acquiring an additional 386,406 shares during the period. Wasatch Advisors LP increased its stake in Enpro by 34.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after purchasing an additional 270,909 shares during the period. Invesco Ltd. increased its stake in Enpro by 26.5% in the 3rd quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock worth $186,527,000 after purchasing an additional 172,991 shares during the period. Tributary Capital Management LLC lifted its position in Enpro by 90.2% in the third quarter. Tributary Capital Management LLC now owns 319,740 shares of the industrial products company’s stock valued at $72,261,000 after purchasing an additional 151,661 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in Enpro by 19,055.1% in the second quarter. Laurel Wealth Advisors LLC now owns 65,702 shares of the industrial products company’s stock valued at $12,585,000 after purchasing an additional 65,359 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Up 0.7%

Shares of NYSE:NPO opened at $206.76 on Monday. Enpro has a 52-week low of $133.50 and a 52-week high of $248.88. The firm has a fifty day moving average of $220.63 and a 200 day moving average of $214.70. The firm has a market capitalization of $4.36 billion, a PE ratio of 50.80, a price-to-earnings-growth ratio of 1.76 and a beta of 1.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.69 and a current ratio of 2.44.

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

Enpro Announces Dividend

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

Enpro Company 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.