Dimensional Fund Advisors LP Reduces Stake in Enpro Inc. $NPO

Dimensional Fund Advisors LP lowered its stake in Enpro Inc. (NYSE:NPO) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 905,315 shares of the industrial products company’s stock after selling 95,051 shares during the quarter. Dimensional Fund Advisors LP owned approximately 4.30% of Enpro worth $204,591,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Westfuller Advisors LLC bought a new stake in shares of Enpro during the third quarter valued at about $25,000. Huntington National Bank boosted its position in shares of Enpro by 106.3% in the second quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares during the period. Private Trust Co. NA boosted its position in shares of Enpro by 98.6% in the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 73 shares during the period. Jones Financial Companies Lllp grew its stake in Enpro by 236.4% during the third quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 104 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Down 4.1%

NPO stock opened at $246.73 on Monday. The company’s 50 day moving average is $248.02 and its 200 day moving average is $230.86. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 130.55, a price-to-earnings-growth ratio of 1.86 and a beta of 1.56. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $286.35.

Enpro (NYSE:NPO) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.08. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The business had revenue of $295.40 million during the quarter, compared to analyst estimates of $280.50 million. During the same period in the previous year, the business posted $1.57 earnings per share. Enpro’s revenue for the quarter was up 14.3% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Sell-side analysts predict that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is presently 67.72%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. KeyCorp upped their price target on shares of Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer increased their price objective on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $297.50.

Insider Activity at Enpro

In related news, CAO Steven R. Bower sold 507 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $265.15, for a total value of $134,431.05. Following the completion of the transaction, the chief accounting officer directly owned 4,695 shares in the company, valued at approximately $1,244,879.25. The trade was a 9.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Humphrey sold 1,300 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total value of $349,297.00. Following the completion of the transaction, the director directly owned 3,200 shares in the company, valued at approximately $859,808. This represents a 28.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 9,660 shares of company stock valued at $2,653,220. 1.50% of the stock is currently owned by insiders.

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.