Walleye Capital LLC Buys Shares of 3,867 Enpro Inc. $NPO

Walleye Capital LLC purchased a new stake in shares of Enpro Inc. (NYSE:NPO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,867 shares of the industrial products company’s stock, valued at approximately $1,458,000.

A number of other hedge funds have also modified their holdings of NPO. AQR Capital Management LLC boosted its position in Enpro by 67.2% during the first quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock valued at $532,000 after purchasing an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Enpro by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock worth $2,023,000 after purchasing an additional 552 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Enpro during the 1st quarter worth about $247,000. United Services Automobile Association purchased a new stake in shares of Enpro during the 1st quarter worth about $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Enpro by 17.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock valued at $11,148,000 after buying an additional 10,162 shares during the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NPO has been the subject of several recent research reports. Zacks Research raised Enpro from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. KeyCorp raised their price objective 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. Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. JPMorgan Chase & Co. initiated coverage on shares of Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price for the company. Finally, Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Enpro presently has a consensus rating of “Buy” and a consensus target price of $358.33.

Enpro Price Performance

Shares of NYSE:NPO opened at $342.88 on Friday. Enpro Inc. has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. The business has a 50-day moving average of $340.33 and a two-hundred day moving average of $297.83. The stock has a market capitalization of $7.26 billion, a P/E ratio of 167.26, a P/E/G ratio of 2.35 and a beta of 1.54. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43.

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, topping the consensus estimate of $2.32 by $0.18. The company had revenue of $338.80 million during the quarter, compared to the consensus estimate of $323.68 million. Enpro had a return on equity of 11.83% and a net margin of 3.60%.The firm’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, equities research analysts predict that Enpro Inc. will post 9.55 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s dividend payout ratio is presently 62.44%.

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.