Enpro (NYSE:NPO) Issues Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Enpro (NYSE:NPO) issued its earnings results on Tuesday. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.18, FiscalAI reports. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The company had revenue of $338.80 million for the quarter, compared to the consensus estimate of $323.68 million. During the same quarter last year, the company earned $1.25 EPS. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Enpro updated its FY 2026 guidance to 9.300-9.800 EPS.

Here are the key takeaways from Enpro’s conference call:

• Enpro raised its 2026 outlook, now expecting sales growth of 14%-16%, adjusted EBITDA of $330 million-$340 million, and adjusted diluted EPS of $9.30-$9.80.
• Second-quarter sales rose 17.6% year over year to $338.8 million, while adjusted EBITDA increased more than 22% to $86.9 million; the adjusted EBITDA margin expanded 90 basis points to 25.6%.
• Advanced Surface Technologies is benefiting from accelerating semiconductor investment tied to AI, advanced computing, and communications infrastructure, with customer visibility extending through 2027. Enpro expects AST revenue to grow 20% in the second half and margins to approach 25% by year-end.
• Enpro is increasing 2026 capital expenditure expectations to $60 million-$65 million, primarily to expand AST precision-cleaning capacity in Arizona, California, and Taiwan in response to customer demand.
• Commercial vehicle markets, particularly trailers, remain soft but showed early signs of stabilization; management believes the business may be at a bottom and expects a more meaningful recovery next year, while noting that the 2026 guidance does not assume significant improvement.

Enpro Price Performance

Shares of NYSE:NPO traded down $4.30 during mid-day trading on Tuesday, reaching $329.81. The stock had a trading volume of 96,767 shares, compared to its average volume of 242,935. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39. The company has a market cap of $6.97 billion, a P/E ratio of 162.47, a price-to-earnings-growth ratio of 2.28 and a beta of 1.51. Enpro has a 1 year low of $202.00 and a 1 year high of $390.42. The business’s 50 day moving average price is $336.39 and its 200 day moving average price is $292.06.

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 2nd. Enpro’s payout ratio is 63.05%.

Hedge Funds Weigh In On Enpro

Institutional investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV bought a new position in shares of Enpro in the 4th quarter valued at about $212,000. CIBC Private Wealth Group LLC increased its stake in Enpro by 6.1% during the third quarter. CIBC Private Wealth Group LLC now owns 1,063 shares of the industrial products company’s stock worth $240,000 after acquiring an additional 61 shares during the last quarter. Coldstream Capital Management Inc. bought a new stake in Enpro during the third quarter worth approximately $246,000. Crossmark Global Holdings Inc. purchased a new stake in Enpro during the third quarter valued at approximately $228,000. Finally, Evergreen Capital Management LLC purchased a new stake in Enpro during the second quarter valued at approximately $243,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. KeyCorp increased their price objective on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a report on Monday, July 13th. JPMorgan Chase & Co. initiated coverage on shares of Enpro in a report on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price on the stock. Finally, Weiss Ratings upgraded shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $358.33.

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.