Enpro Inc. $NPO Stock Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC raised its position in Enpro Inc. (NYSE:NPO) by 3.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 526,889 shares of the industrial products company’s stock after buying an additional 16,772 shares during the quarter. Geode Capital Management LLC’s holdings in Enpro were worth $112,840,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NPO. Alliancebernstein L.P. grew its stake in Enpro by 1,651.9% in the second 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 in the last quarter. Wasatch Advisors LP grew its stake in Enpro by 34.1% in the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock valued at $204,152,000 after purchasing an additional 270,909 shares in the last quarter. Invesco Ltd. grew its stake in Enpro by 26.5% in the third quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock valued at $186,527,000 after purchasing an additional 172,991 shares in the last quarter. Bessemer Group Inc. grew its stake in Enpro by 36,070.1% in the fourth quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock valued at $22,540,000 after purchasing an additional 104,964 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Enpro by 134.5% in the second quarter. Sei Investments Co. now owns 110,361 shares of the industrial products company’s stock valued at $21,140,000 after purchasing an additional 63,293 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Price Performance

Shares of NYSE:NPO opened at $312.37 on Friday. Enpro Inc. has a fifty-two week low of $179.64 and a fifty-two week high of $326.98. The business has a 50-day moving average of $290.08 and a two-hundred day moving average of $256.68. The stock has a market capitalization of $6.60 billion, a P/E ratio of 153.88, a P/E/G ratio of 2.32 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40.

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

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s payout ratio is currently 63.05%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NPO. Oppenheimer boosted their target price on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. KeyCorp boosted their price target on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Weiss Ratings raised Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $315.00.

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.