Strs Ohio Acquires 4,400 Shares of Enpro Inc. $NPO

Strs Ohio grew its holdings in Enpro Inc. (NYSE:NPO) by 293.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,900 shares of the industrial products company’s stock after purchasing an additional 4,400 shares during the period. Strs Ohio’s holdings in Enpro were worth $1,333,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Private Trust Co. NA increased its holdings in Enpro by 98.6% in the 3rd quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after buying an additional 73 shares in the last quarter. Huntington National Bank boosted its holdings 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 valued at $32,000 after acquiring an additional 85 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 51 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Enpro in the second quarter worth approximately $42,000. Finally, CWM LLC raised its holdings in shares of Enpro by 60.4% during the third quarter. CWM LLC now owns 340 shares of the industrial products company’s stock valued at $77,000 after purchasing an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Price Performance

Shares of Enpro stock opened at $238.17 on Wednesday. The stock’s fifty day moving average is $224.02 and its 200 day moving average is $221.49. Enpro Inc. has a one year low of $133.50 and a one year high of $248.88. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.69 and a current ratio of 2.44. The stock has a market cap of $5.02 billion, a P/E ratio of 58.52, a P/E/G ratio of 1.80 and a beta of 1.59.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.06. Enpro had a return on equity of 10.77% and a net margin of 7.81%.The business had revenue of $286.60 million during the quarter, compared to analysts’ expectations of $276.57 million. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. Sell-side analysts anticipate that Enpro Inc. will post 7.38 earnings per share for the current year.

Analysts Set New Price Targets

NPO has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a report on Monday, December 29th. Zacks Research downgraded Enpro from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. KeyCorp lifted their price objective on Enpro from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. One equities 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’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $250.00.

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.