California State Teachers Retirement System Acquires 8,925,256 Shares of Enpro Inc. $NPO

California State Teachers Retirement System boosted its holdings in Enpro Inc. (NYSE:NPO) by 34,727.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,950,957 shares of the industrial products company’s stock after buying an additional 8,925,256 shares during the quarter. California State Teachers Retirement System owned 0.42% of Enpro worth $3,373,884,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UBS Group AG lifted its position in Enpro by 54.0% during the fourth quarter. UBS Group AG now owns 67,572 shares of the industrial products company’s stock valued at $14,469,000 after purchasing an additional 23,705 shares during the period. Royce & Associates LP grew its position in Enpro by 7.5% in the 4th quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company’s stock worth $55,369,000 after purchasing an additional 18,143 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Enpro by 105,350.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company’s stock valued at $4,968,000 after buying an additional 23,177 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in shares of Enpro by 161.8% during the 1st quarter. Quantinno Capital Management LP now owns 10,935 shares of the industrial products company’s stock valued at $2,741,000 after buying an additional 6,758 shares during the period. Finally, Dana Investment Advisors Inc. lifted its holdings in shares of Enpro by 128.0% during the 4th quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock valued at $2,008,000 after buying an additional 5,263 shares during the period. Institutional investors own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NPO shares. Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Zacks Research raised Enpro from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. began coverage on Enpro in a research note on Monday, July 20th. They set an “overweight” rating and a $420.00 price target for the company. Finally, KeyCorp increased their price objective on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $358.33.

Enpro Trading Down 2.4%

NYSE:NPO opened at $293.51 on Friday. Enpro Inc. has a one year low of $202.00 and a one year high of $390.42. The business has a fifty day moving average price of $320.17 and a 200-day moving average price of $304.28. The firm has a market capitalization of $6.21 billion, a price-to-earnings ratio of 143.18, a price-to-earnings-growth ratio of 2.10 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.18. Enpro had a return on equity of 11.83% and a net margin of 3.60%.The company had revenue of $338.80 million for the quarter, compared to the consensus estimate of $323.68 million. During the same period in the previous year, the business earned $1.25 earnings per share. Enpro’s quarterly revenue was up 17.6% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Sell-side analysts forecast that Enpro Inc. will post 9.55 EPS for the current year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 2nd. Enpro’s payout ratio is presently 62.44%.

Enpro Company Profile

Enpro Inc is an industrial technology company that develops and supplies products and services for critical applications where reliability, safety, and performance are essential. Its offerings serve customers in markets such as semiconductor manufacturing, industrial processing, power generation, aerospace, chemical and petrochemical processing, and other demanding operating environments.

Through its Sealing Technologies businesses, Enpro provides engineered sealing systems, gaskets, packing, diaphragms, fluid-handling components, and related maintenance and field services.