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

Shares of Enpro Inc. (NYSE:NPO) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $250.00.

Several research analysts have recently weighed in on NPO shares. Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, KeyCorp boosted their price objective on shares of Enpro from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Monday, January 26th.

Institutional Investors Weigh In On Enpro

A number of institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in shares of Enpro by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 526,889 shares of the industrial products company’s stock worth $112,840,000 after buying an additional 16,772 shares during the period. Royce & Associates LP lifted its holdings in Enpro by 7.5% during the 4th quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company’s stock valued at $55,369,000 after purchasing an additional 18,143 shares during the last quarter. Global Retirement Partners LLC boosted its position in Enpro by 1,051.0% in the fourth quarter. Global Retirement Partners LLC now owns 564 shares of the industrial products company’s stock valued at $121,000 after buying an additional 515 shares in the last quarter. Dana Investment Advisors Inc. grew its stake in Enpro by 128.0% during the fourth quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock worth $2,008,000 after buying an additional 5,263 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Enpro by 105,350.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company’s stock worth $4,968,000 after buying an additional 23,177 shares during the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Price Performance

Shares of Enpro stock opened at $271.59 on Tuesday. The stock has a market cap of $5.72 billion, a PE ratio of 66.73, a price-to-earnings-growth ratio of 2.03 and a beta of 1.58. Enpro has a 52 week low of $133.50 and a 52 week high of $273.58. The company’s 50-day moving average price is $229.72 and its two-hundred day moving average price is $224.41. The company has a current ratio of 2.44, a quick ratio of 1.69 and a debt-to-equity ratio of 0.29.

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.