Enpro (NYSE:NPO) Hits New 52-Week High – Still a Buy?

Enpro Inc. (NYSE:NPOGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $335.71 and last traded at $333.83, with a volume of 31739 shares. The stock had previously closed at $322.82.

Analyst Ratings Changes

Several research analysts recently commented on the stock. KeyCorp lifted their target price on shares of Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Oppenheimer lifted their target price on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Enpro presently has an average rating of “Moderate Buy” and a consensus target price of $315.00.

Get Our Latest Stock Analysis on Enpro

Enpro Trading Up 0.5%

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. The stock’s 50-day simple moving average is $291.57 and its 200-day simple moving average is $257.90. The firm has a market capitalization of $6.86 billion, a PE ratio of 159.89, a P/E/G ratio of 2.28 and a beta of 1.55.

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

Enpro Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NPO. Cedar Mountain Advisors LLC purchased a new position in Enpro during the 1st quarter valued at $25,000. Salomon & Ludwin LLC increased its position in Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 46 shares during the period. Trust Co. of Vermont purchased a new position in Enpro during the 4th quarter valued at $32,000. Jones Financial Companies Lllp increased its position in Enpro by 236.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 104 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Enpro during the 4th quarter valued at $33,000. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Company Profile

(Get Free Report)

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.

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