Enpro Inc. (NPO) to Issue Quarterly Dividend of $0.32 on March 18th

Enpro Inc. (NYSE:NPO) declared a quarterly dividend on Friday, February 13th. Stockholders of record on Wednesday, March 4th will be given a dividend of 0.32 per share by the industrial products company on Wednesday, March 18th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 4th. This is a 3.2% increase from Enpro’s previous quarterly dividend of $0.31.

Enpro has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. Enpro has a dividend payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Enpro to earn $8.00 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 16.0%.

Enpro Trading Down 1.6%

NYSE NPO traded down $4.25 during trading on Monday, hitting $254.41. The stock had a trading volume of 22,080 shares, compared to its average volume of 203,437. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $5.41 billion, a PE ratio of 134.61, a PEG ratio of 1.95 and a beta of 1.56. The firm has a 50 day moving average price of $244.60 and a 200 day moving average price of $229.72. Enpro has a twelve month low of $133.50 and a twelve month high of $286.35.

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 analysts’ consensus estimates of $1.91 by $0.08. The firm had revenue of $295.40 million during the quarter, compared to analysts’ expectations of $280.50 million. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.57 earnings per share. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. As a group, equities research analysts forecast that Enpro will post 7.38 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Robert Savage Mclean sold 2,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $277.50, for a total value of $555,000.00. Following the completion of the sale, the executive vice president owned 29,909 shares in the company, valued at $8,299,747.50. This represents a 6.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Humphrey sold 1,300 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $268.69, for a total transaction of $349,297.00. Following the transaction, the director directly owned 3,200 shares in the company, valued at $859,808. The trade was a 28.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,153 shares of company stock worth $2,518,789 in the last quarter. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Westfuller Advisors LLC acquired a new position in Enpro during the third quarter worth approximately $25,000. Salomon & Ludwin LLC grew its position in Enpro by 55.4% during the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 46 shares during the period. Huntington National Bank increased its stake in Enpro by 106.3% during the second quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 85 shares during the last quarter. Trust Co. of Vermont purchased a new position in shares of Enpro in the 4th quarter worth about $32,000. Finally, Private Trust Co. NA lifted its stake in shares of 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 purchasing an additional 73 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

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.