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

Congress Asset Management Co. lifted its position in shares of Enpro Inc. (NYSE:NPO) by 7.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 376,272 shares of the industrial products company’s stock after acquiring an additional 25,715 shares during the period. Congress Asset Management Co. owned 1.79% of Enpro worth $80,571,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Cookson Peirce & Co. Inc. acquired a new position in Enpro during the 3rd quarter valued at about $1,277,000. Hsbc Holdings PLC acquired a new stake in shares of Enpro in the second quarter valued at approximately $2,124,000. Public Sector Pension Investment Board raised its holdings in shares of Enpro by 14.4% during the third quarter. Public Sector Pension Investment Board now owns 82,081 shares of the industrial products company’s stock valued at $18,550,000 after buying an additional 10,327 shares during the last quarter. Kennedy Capital Management LLC raised its holdings in shares of Enpro by 83.9% during the second quarter. Kennedy Capital Management LLC now owns 60,565 shares of the industrial products company’s stock valued at $11,601,000 after buying an additional 27,629 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Enpro during the second quarter worth approximately $1,513,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Insider Buying and Selling at Enpro

In other news, Director John Humphrey sold 1,300 shares of Enpro stock in a transaction that occurred 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 transaction, the director owned 3,200 shares of the company’s stock, valued at $859,808. The trade was a 28.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Robert Savage Mclean sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $277.50, for a total transaction of $555,000.00. Following the sale, the executive vice president directly owned 29,909 shares of the company’s stock, valued at approximately $8,299,747.50. This represents a 6.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 9,660 shares of company stock worth $2,653,220. 1.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

Enpro Stock Up 2.1%

NPO opened at $253.27 on Tuesday. Enpro Inc. has a one year low of $133.50 and a one year high of $286.35. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.50 and a current ratio of 2.32. The stock’s fifty day moving average is $253.93 and its 200-day moving average is $233.07. The company has a market capitalization of $5.38 billion, a PE ratio of 134.00, a P/E/G ratio of 1.87 and a beta of 1.56.

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

Enpro Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.32 per share. This is a positive change from Enpro’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, March 4th. This represents a $1.28 annualized dividend and a dividend yield of 0.5%. Enpro’s payout ratio is 67.72%.

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.