Enpro (NYSE:NPO) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Enpro Inc. (NYSE:NPO) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $233.07 and traded as high as $260.12. Enpro shares last traded at $253.2650, with a volume of 316,001 shares traded.

Analysts Set New Price Targets

A number of research firms have weighed in on NPO. KeyCorp lifted their price objective on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Oppenheimer raised their target price on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Enpro presently has a consensus rating of “Moderate Buy” and a consensus price target of $297.50.

Enpro Stock Up 2.1%

The business’s fifty day simple moving average is $253.93 and its two-hundred day simple moving average is $233.07. The company has a market cap of $5.38 billion, a PE ratio of 134.00, a PEG ratio of 1.87 and a beta of 1.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.32 and a quick ratio of 1.50.

Enpro (NYSE:NPO) last posted its earnings results on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $280.50 million. During the same period in the prior year, the company posted $1.57 EPS. The company’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. On average, analysts predict that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.32 per share. This is an increase from Enpro’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, March 4th. Enpro’s dividend payout ratio (DPR) is currently 67.72%.

Insiders Place Their Bets

In other news, CAO Steven R. Bower sold 507 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $265.15, for a total transaction of $134,431.05. Following the completion of the transaction, the chief accounting officer directly owned 4,695 shares of the company’s stock, valued at $1,244,879.25. This represents a 9.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John Humphrey sold 1,300 shares of the 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 in the company, valued at $859,808. This trade represents a 28.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,660 shares of company stock valued at $2,653,220 in the last three months. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Enpro

Large investors have recently added to or reduced their stakes in the stock. Westfuller Advisors LLC acquired a new stake in shares of Enpro in the third quarter valued at about $25,000. Salomon & Ludwin LLC raised its position in shares of Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 46 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Enpro during the 4th quarter worth about $32,000. Private Trust Co. NA lifted its stake in Enpro by 98.6% in the 3rd quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock valued at $33,000 after buying an additional 73 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in Enpro by 236.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after buying an additional 104 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

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.