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

Enpro Inc. (NYSE:NPO) has earned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $245.00.

Several research analysts have commented on NPO shares. 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. Zacks Research lowered Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Finally, Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th.

Enpro Trading Up 5.3%

Shares of Enpro stock opened at $241.83 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.44 and a debt-to-equity ratio of 0.29. The firm has a market cap of $5.10 billion, a price-to-earnings ratio of 59.42, a price-to-earnings-growth ratio of 1.75 and a beta of 1.59. The business has a fifty day simple moving average of $219.58 and a 200-day simple moving average of $219.06. Enpro has a fifty-two week low of $133.50 and a fifty-two week 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 (EPS) for the quarter, topping 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 firm had revenue of $286.60 million for the quarter, compared to analyst estimates of $276.57 million. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, equities analysts forecast that Enpro will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently announced 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. 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 0.5%. Enpro’s dividend payout ratio is presently 30.47%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NPO. Norden Group LLC lifted its holdings in shares of Enpro by 16.5% during the fourth quarter. Norden Group LLC now owns 1,342 shares of the industrial products company’s stock worth $287,000 after buying an additional 190 shares during the last quarter. Congress Asset Management Co. grew its holdings in shares of Enpro by 7.3% during the 4th quarter. Congress Asset Management Co. now owns 376,272 shares of the industrial products company’s stock worth $80,571,000 after purchasing an additional 25,715 shares in the last quarter. GAMMA Investing LLC increased its stake in Enpro by 16.1% in the fourth quarter. GAMMA Investing LLC now owns 656 shares of the industrial products company’s stock valued at $140,000 after acquiring an additional 91 shares during the period. JPMorgan Chase & Co. raised its position in Enpro by 16.3% in the third quarter. JPMorgan Chase & Co. now owns 90,239 shares of the industrial products company’s stock worth $20,394,000 after purchasing an additional 12,651 shares in the last quarter. Finally, Tudor Investment Corp ET AL raised its position in Enpro by 973.0% in the third quarter. Tudor Investment Corp ET AL now owns 24,947 shares of the industrial products company’s stock worth $5,638,000 after purchasing an additional 22,622 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

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.