Brokerages Set Enpro Inc. (NYSE:NPO) Target Price at $245.00

Enpro Inc. (NYSE:NPO) has been given an average rating of “Moderate Buy” by the five brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $245.00.

Several equities analysts have commented on NPO shares. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Zacks Research lowered shares of Enpro from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. KeyCorp lifted their target price on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a report on Monday, December 29th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. increased its stake in shares of 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 buying an additional 386,406 shares during the period. Wasatch Advisors LP increased its position in Enpro by 34.1% during the 2nd 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 during the period. Invesco Ltd. increased its position in Enpro by 26.5% during the 3rd 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 during the period. Tributary Capital Management LLC raised its holdings in Enpro by 90.2% during the 3rd quarter. Tributary Capital Management LLC now owns 319,740 shares of the industrial products company’s stock worth $72,261,000 after purchasing an additional 151,661 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in shares of Enpro by 19,055.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 65,702 shares of the industrial products company’s stock worth $12,585,000 after purchasing an additional 65,359 shares during the period. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Stock Performance

Shares of Enpro stock opened at $243.32 on Friday. The company’s 50 day moving average price is $220.19 and its two-hundred day moving average price is $219.72. The firm has a market capitalization of $5.13 billion, a P/E ratio of 59.78, a P/E/G ratio of 1.85 and a beta of 1.59. Enpro has a fifty-two week low of $133.50 and a fifty-two week high of $248.88. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.44 and a quick ratio of 1.69.

Enpro (NYSE:NPO) last announced its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $1.99 EPS for the quarter, beating 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 company 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. On average, equities analysts forecast that Enpro will post 7.38 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Enpro’s payout ratio is currently 30.47%.

About Enpro

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.