Great Lakes Advisors LLC Reduces Stock Holdings in Enpro Inc. $NPO

Great Lakes Advisors LLC lessened its position in shares of Enpro Inc. (NYSE:NPO) by 9.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,435 shares of the industrial products company’s stock after selling 2,253 shares during the quarter. Great Lakes Advisors LLC’s holdings in Enpro were worth $4,618,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC increased its holdings in Enpro by 13.9% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 1,439 shares of the industrial products company’s stock valued at $326,000 after acquiring an additional 176 shares in the last quarter. Sage Rhino Capital LLC acquired a new stake in shares of Enpro in the third quarter valued at approximately $209,000. Westfuller Advisors LLC purchased a new position in shares of Enpro during the 3rd quarter worth approximately $25,000. Strs Ohio raised its position in shares of Enpro by 293.3% during the 3rd quarter. Strs Ohio now owns 5,900 shares of the industrial products company’s stock worth $1,333,000 after purchasing an additional 4,400 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in Enpro by 76.4% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 2,311 shares of the industrial products company’s stock valued at $522,000 after buying an additional 1,001 shares in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on NPO. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Zacks Research downgraded shares of Enpro from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, KeyCorp lifted their price target on shares of Enpro from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $250.00.

Enpro Stock Performance

NYSE NPO opened at $239.13 on Friday. The business’s 50-day moving average price is $225.61 and its 200 day moving average price is $221.96. The company has a current ratio of 2.44, a quick ratio of 1.69 and a debt-to-equity ratio of 0.29. Enpro Inc. has a twelve month low of $133.50 and a twelve month high of $248.88. The company has a market capitalization of $5.04 billion, a PE ratio of 58.75, a price-to-earnings-growth ratio of 1.82 and a beta of 1.59.

Enpro (NYSE:NPO) last posted its quarterly earnings data 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. The company had revenue of $286.60 million during the quarter, compared to the consensus estimate of $276.57 million. Enpro had a net margin of 7.81% and a return on equity of 10.77%. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, research analysts predict that Enpro Inc. will post 7.38 earnings per share for the current year.

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.