MidFirst Bank Purchases Shares of 2,189 Enpro Inc. $NPO

MidFirst Bank acquired a new position in Enpro Inc. (NYSE:NPO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,189 shares of the industrial products company’s stock, valued at approximately $469,000.

Other large investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC boosted its position in shares of Enpro by 55.4% during the fourth 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 in the last quarter. Trust Co. of Vermont bought a new position in Enpro in the fourth quarter worth $32,000. Jones Financial Companies Lllp lifted its position in Enpro by 236.4% during the third quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after buying an additional 104 shares during the period. EverSource Wealth Advisors LLC lifted its position in Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after buying an additional 51 shares during the period. Finally, Strategic Advocates LLC bought a new stake in shares of Enpro during the 3rd quarter valued at $45,000. 98.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on NPO. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. Finally, KeyCorp upped their price objective on shares of Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Enpro currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.00.

Enpro Stock Up 0.3%

Shares of NYSE:NPO opened at $380.68 on Friday. The stock has a fifty day simple moving average of $309.19 and a two-hundred day simple moving average of $265.96. The stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 187.53, a PEG ratio of 2.77 and a beta of 1.55. Enpro Inc. has a 12-month low of $179.64 and a 12-month high of $383.55. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, topping 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 business had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. During the same period in the previous year, the company posted $1.90 earnings per share. The company’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. On average, research analysts anticipate that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a $0.32 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. Enpro’s payout ratio is presently 63.05%.

Enpro 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.