Enpro Inc. (NPO) to Issue Quarterly Dividend of $0.32 on June 17th

Enpro Inc. (NYSE:NPO) announced a quarterly dividend on Wednesday, April 29th. Investors of record on Wednesday, June 3rd will be given a dividend of 0.32 per share by the industrial products company on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, June 3rd.

Enpro has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. Enpro has a payout ratio of 15.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Enpro to earn $10.32 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 12.4%.

Enpro Price Performance

Enpro stock opened at $306.53 on Monday. The company has a market cap of $6.48 billion, a price-to-earnings ratio of 151.00, a PEG ratio of 2.24 and a beta of 1.55. The firm’s fifty day moving average is $284.00 and its 200 day moving average is $253.44. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. Enpro has a 52-week low of $178.21 and a 52-week high of $326.98.

Enpro (NYSE:NPO) last announced its 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 business had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. During the same quarter in the prior year, the firm posted $1.90 earnings per share. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Sell-side analysts forecast that Enpro will post 9.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NPO. Cedar Mountain Advisors LLC bought a new position in Enpro during the 1st quarter worth about $25,000. Salomon & Ludwin LLC grew its holdings in Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 46 shares in the last quarter. Trust Co. of Vermont bought a new position in Enpro during the 4th quarter worth about $32,000. Jones Financial Companies Lllp grew its holdings in Enpro by 236.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 104 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in Enpro during the 4th quarter worth about $33,000. 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.