Enpro (NYSE:NPO) Reaches New 12-Month High – What’s Next?

Enpro Inc. (NYSE:NPO)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $289.43 and last traded at $288.2850, with a volume of 31304 shares changing hands. The stock had previously closed at $283.80.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. KeyCorp boosted their price target on shares of Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Oppenheimer boosted their price target on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $297.50.

Enpro Stock Performance

The business’s 50-day moving average price is $262.16 and its 200-day moving average price is $239.45. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. The stock has a market cap of $6.14 billion, a PE ratio of 153.61, a P/E/G ratio of 2.12 and a beta of 1.54.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.08. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The firm had revenue of $295.40 million for the quarter, compared to the consensus estimate of $280.50 million. During the same quarter in the previous year, the firm earned $1.57 EPS. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. As a group, equities research analysts expect that Enpro Inc. will post 8.88 earnings per share for the current fiscal year.

Enpro Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 4th. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is presently 67.72%.

Insider Activity

In other news, Director John Humphrey sold 1,300 shares of Enpro stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total value of $349,297.00. Following the transaction, the director owned 3,200 shares of the company’s stock, valued at $859,808. The trade was a 28.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Robert Savage Mclean sold 2,000 shares of Enpro stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $277.50, for a total transaction of $555,000.00. Following the completion of the transaction, the executive vice president directly owned 29,909 shares in the company, valued at approximately $8,299,747.50. The trade was a 6.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,660 shares of company stock worth $2,653,220 in the last quarter. 1.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Enpro

Several large investors have recently bought and sold shares of the stock. Wasatch Advisors LP grew its position in Enpro by 8.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,153,237 shares of the industrial products company’s stock worth $260,632,000 after purchasing an additional 87,446 shares during the last quarter. Invesco Ltd. grew its position in Enpro by 7.4% during the 4th quarter. Invesco Ltd. now owns 886,043 shares of the industrial products company’s stock worth $189,728,000 after purchasing an additional 60,704 shares during the last quarter. Geode Capital Management LLC grew its position in Enpro by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 526,889 shares of the industrial products company’s stock worth $112,840,000 after purchasing an additional 16,772 shares during the last quarter. Alliancebernstein L.P. grew its position 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 worth $78,497,000 after purchasing an additional 386,406 shares during the last quarter. Finally, Congress Asset Management Co. grew its position in Enpro by 7.3% during the 4th quarter. Congress Asset Management Co. now owns 376,272 shares of the industrial products company’s stock worth $80,571,000 after purchasing an additional 25,715 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

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.