Enpro (NYSE:NPO) Rating Lowered to “Hold” at Wall Street Zen

Enpro (NYSE:NPO) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Other research analysts have also issued reports about the company. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Zacks Research upgraded Enpro from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. KeyCorp increased their target price on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. started coverage on shares of Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $358.33.

Enpro Trading Up 0.0%

Shares of NYSE NPO opened at $299.09 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.43 and a current ratio of 2.28. Enpro has a 52-week low of $202.00 and a 52-week high of $390.42. The firm has a 50 day moving average price of $333.61 and a two-hundred day moving average price of $302.88. The stock has a market cap of $6.33 billion, a P/E ratio of 145.90, a price-to-earnings-growth ratio of 2.09 and a beta of 1.54.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.18. The firm had revenue of $338.80 million during the quarter, compared to the consensus estimate of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.25 earnings per share. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, equities analysts forecast that Enpro will post 9.55 EPS for the current year.

Institutional Trading of Enpro

Several large investors have recently made changes to their positions in NPO. California State Teachers Retirement System increased its holdings in shares of Enpro by 34,727.3% during the second quarter. California State Teachers Retirement System now owns 8,950,957 shares of the industrial products company’s stock valued at $3,373,884,000 after acquiring an additional 8,925,256 shares in the last quarter. BlackRock Inc. acquired a new stake in Enpro in the 2nd quarter valued at $1,268,036,000. Bamco Inc. NY bought a new stake in Enpro during the 2nd quarter valued at $150,577,000. Alliancebernstein L.P. increased its stake in Enpro by 1,651.9% during the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after purchasing an additional 386,406 shares in the last quarter. Finally, Wasatch Advisors LP raised its holdings in Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after buying an additional 270,909 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

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.