Weiss Ratings Reiterates Hold (C+) Rating for Enpro (NYSE:NPO)

Enpro (NYSE:NPO)‘s stock had its “hold (c+)” rating restated by research analysts at Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

A number of other equities analysts also recently commented on the stock. KeyCorp lifted their price objective on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday. Oppenheimer boosted their target price on shares of Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Finally, Zacks Research lowered shares of Enpro from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Enpro has a consensus rating of “Moderate Buy” and an average target price of $245.00.

Enpro Stock Up 0.6%

Shares of Enpro stock opened at $233.12 on Friday. Enpro has a 1-year low of $133.50 and a 1-year high of $236.07. The business has a 50-day moving average of $224.09 and a 200-day moving average of $199.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.49 and a quick ratio of 1.65. The company has a market capitalization of $4.91 billion, a PE ratio of 58.28, a P/E/G ratio of 2.33 and a beta of 1.57.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.05). Enpro had a return on equity of 10.49% and a net margin of 7.83%.The company had revenue of $288.10 million for the quarter, compared to analyst estimates of $283.83 million. During the same period in the previous year, the business posted $2.08 EPS. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. As a group, equities analysts forecast that Enpro will post 7.38 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Robert Savage Mclean sold 2,541 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total transaction of $568,599.57. Following the completion of the transaction, the executive vice president owned 29,116 shares of the company’s stock, valued at $6,515,287.32. This trade represents a 8.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Enpro

Large investors have recently made changes to their positions in the business. Huntington National Bank boosted its stake in shares of Enpro by 106.3% during the 2nd quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Private Trust Co. NA boosted its position in Enpro by 98.6% during the 3rd quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 73 shares during the period. Maseco LLP acquired a new stake in Enpro during the 2nd quarter worth about $36,000. EverSource Wealth Advisors LLC boosted its position in Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 51 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Enpro during the 2nd quarter worth about $42,000. Institutional investors own 98.31% of the company’s stock.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.