Bessemer Group Inc. Boosts Stake in Enpro Inc. $NPO

Bessemer Group Inc. boosted its stake in shares of Enpro Inc. (NYSE:NPO) by 36,070.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,255 shares of the industrial products company’s stock after buying an additional 104,964 shares during the period. Bessemer Group Inc.’s holdings in Enpro were worth $22,540,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Westfuller Advisors LLC purchased a new stake in Enpro during the third quarter worth $25,000. Salomon & Ludwin LLC lifted its holdings in Enpro by 55.4% during the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after buying an additional 46 shares during the period. Trust Co. of Vermont purchased a new stake in Enpro during the fourth quarter worth $32,000. Jones Financial Companies Lllp lifted its holdings in Enpro by 236.4% during the third quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock worth $33,000 after buying an additional 104 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after buying an additional 51 shares during the period. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Performance

Shares of NPO opened at $312.22 on Friday. Enpro Inc. has a 12 month low of $173.63 and a 12 month high of $326.98. The stock has a fifty day moving average price of $272.27 and a 200-day moving average price of $247.30. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39. The firm has a market cap of $6.60 billion, a PE ratio of 153.80, a P/E/G ratio of 2.27 and a beta of 1.56.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, beating the consensus estimate of $2.08 by $0.06. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The firm had revenue of $303.00 million during the quarter, compared to analyst estimates of $303.90 million. During the same quarter in the prior year, the business posted $1.90 EPS. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities research analysts predict that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, June 3rd. Enpro’s dividend payout ratio is currently 63.05%.

Insiders Place Their Bets

In related news, EVP Robert Savage Mclean sold 2,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $277.50, for a total value of $555,000.00. Following the transaction, the executive vice president directly owned 29,909 shares of the company’s stock, valued at $8,299,747.50. This represents a 6.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Steven R. Bower sold 507 shares of the company’s stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 4,695 shares in the company, valued at approximately $1,244,879.25. The trade was a 9.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 9,660 shares of company stock worth $2,653,220. 1.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on NPO. Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Oppenheimer upped 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. KeyCorp upped their target price on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $315.00.

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.