Enpro Inc. (NYSE:NPO) Receives $245.00 Average Price Target from Analysts

Shares of Enpro Inc. (NYSE:NPO) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $245.00.

A number of equities analysts recently weighed in on the stock. Zacks Research downgraded shares of Enpro from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. KeyCorp boosted their price objective on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a report on Monday.

Institutional Investors Weigh In On Enpro

Several hedge funds have recently added to or reduced their stakes in NPO. EverSource Wealth Advisors LLC boosted its holdings in Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares during the period. Vista Finance LLC raised its position in shares of Enpro by 4.1% in the second quarter. Vista Finance LLC now owns 1,319 shares of the industrial products company’s stock valued at $253,000 after buying an additional 52 shares in the last quarter. Maryland State Retirement & Pension System raised its position in shares of Enpro by 0.9% in the second quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company’s stock valued at $1,185,000 after buying an additional 58 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Enpro by 25.4% in the third quarter. Bessemer Group Inc. now owns 291 shares of the industrial products company’s stock valued at $66,000 after buying an additional 59 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in Enpro by 2.3% during the third quarter. Nisa Investment Advisors LLC now owns 2,702 shares of the industrial products company’s stock worth $611,000 after buying an additional 61 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Trading Up 0.6%

Enpro stock opened at $224.44 on Monday. The company has a market cap of $4.73 billion, a price-to-earnings ratio of 55.15, a P/E/G ratio of 1.90 and a beta of 1.58. The firm has a 50-day moving average of $220.44 and a 200-day moving average of $215.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.44 and a quick ratio of 1.69. Enpro has a one year low of $133.50 and a one year 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 the consensus estimate of $1.93 by $0.06. The business had revenue of $286.60 million for the quarter, compared to analyst estimates of $276.57 million. Enpro had a return on equity of 10.77% and a net margin of 7.81%.Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, equities analysts expect that Enpro will post 7.38 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, December 3rd. Enpro’s payout ratio is currently 30.47%.

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.