Enpro (NYSE:NPO) CAO Sells $134,431.05 in Stock

Enpro Inc. (NYSE:NPO) CAO Steven Bower sold 507 shares of Enpro stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 4,695 shares in the company, valued at $1,244,879.25. This trade represents a 9.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Enpro Price Performance

NPO stock traded up $5.52 during midday trading on Monday, hitting $264.17. The company’s stock had a trading volume of 140,189 shares, compared to its average volume of 206,920. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.42. Enpro Inc. has a 12 month low of $133.50 and a 12 month high of $286.35. The company has a 50 day moving average of $244.60 and a two-hundred day moving average of $229.72. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 139.77, a price-to-earnings-growth ratio of 1.95 and a beta of 1.56.

Enpro (NYSE:NPO) last released its quarterly earnings data 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 firm had revenue of $295.40 million for the quarter, compared to analysts’ expectations of $280.50 million. During the same quarter last year, the business posted $1.57 earnings per share. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. On average, analysts expect that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be issued a $0.32 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.28 dividend on an annualized basis and a yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is presently 65.61%.

Institutional Investors Weigh In On Enpro

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. lifted its stake in shares of Enpro by 1,651.9% in the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after purchasing an additional 386,406 shares during the last quarter. Wasatch Advisors LP raised its holdings in Enpro by 34.1% during the 2nd quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock valued at $204,152,000 after buying an additional 270,909 shares during the period. Invesco Ltd. lifted its position in Enpro by 26.5% in the third quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock worth $186,527,000 after buying an additional 172,991 shares during the last quarter. Tributary Capital Management LLC boosted its stake in Enpro by 90.2% during the third quarter. Tributary Capital Management LLC now owns 319,740 shares of the industrial products company’s stock worth $72,261,000 after buying an additional 151,661 shares during the period. Finally, Bessemer Group Inc. increased its position in Enpro by 36,070.1% during the fourth quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock valued at $22,540,000 after acquiring an additional 104,964 shares during the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

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.