Enpro (NYSE:NPO) Hits New 52-Week High – Here’s Why

Enpro Inc. (NYSE:NPO) hit a new 52-week high on Monday . The company traded as high as $314.89 and last traded at $313.4370, with a volume of 31539 shares. The stock had previously closed at $309.22.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NPO. Oppenheimer lifted their target price on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, KeyCorp lifted their price target on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $315.00.

Enpro Trading Down 1.5%

The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $6.56 billion, a P/E ratio of 152.87, a P/E/G ratio of 2.30 and a beta of 1.56. The firm’s 50 day simple moving average is $268.87 and its two-hundred day simple moving average is $245.60.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The firm had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. During the same period in the previous year, the firm posted $1.90 earnings per share. The business’s revenue was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, analysts forecast that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is currently 63.05%.

Insider Buying and Selling at Enpro

In other news, Director John Humphrey sold 1,300 shares of Enpro stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total transaction of $349,297.00. Following the completion of the transaction, the director directly owned 3,200 shares in the company, valued at $859,808. This trade represents a 28.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Steven R. Bower sold 507 shares of Enpro stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $265.15, for a total transaction of $134,431.05. Following the transaction, the chief accounting officer owned 4,695 shares of the company’s stock, valued at $1,244,879.25. This represents a 9.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,660 shares of company stock valued at $2,653,220 over the last three months. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Lido Advisors LLC grew its holdings in shares of Enpro by 2.6% during the 4th quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock valued at $402,000 after purchasing an additional 45 shares during the last quarter. Salomon & Ludwin LLC raised its position in Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 46 shares during the period. Maryland State Retirement & Pension System raised its position in Enpro by 1.6% in the 4th quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock worth $659,000 after purchasing an additional 49 shares during the period. EverSource Wealth Advisors LLC raised its position in Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 51 shares during the period. Finally, Corient Private Wealth LLC raised its position in Enpro by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock worth $347,000 after purchasing an additional 54 shares during the period. 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.