Bamco Inc. NY Has $63.99 Million Holdings in Enpro Inc. $NPO

Bamco Inc. NY boosted its stake in shares of Enpro Inc. (NYSE:NPO) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 298,850 shares of the industrial products company’s stock after purchasing an additional 9,459 shares during the quarter. Bamco Inc. NY owned 1.42% of Enpro worth $63,993,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. raised its position in shares of Enpro by 1,651.9% during the second quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after buying an additional 386,406 shares during the last quarter. Wasatch Advisors LP increased its stake in Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock valued at $204,152,000 after acquiring an additional 270,909 shares during the period. Invesco Ltd. increased its stake in Enpro by 26.5% during the third quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock valued at $186,527,000 after acquiring an additional 172,991 shares during the period. Bessemer Group Inc. increased its stake in Enpro by 36,070.1% during the fourth quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock valued at $22,540,000 after acquiring an additional 104,964 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in Enpro by 32.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 350,948 shares of the industrial products company’s stock valued at $75,149,000 after acquiring an additional 85,667 shares during the period. Institutional investors own 98.31% of the company’s stock.

Enpro Stock Up 1.7%

NYSE NPO opened at $364.34 on Thursday. The firm has a market cap of $7.70 billion, a PE ratio of 179.48, a price-to-earnings-growth ratio of 2.61 and a beta of 1.55. Enpro Inc. has a one year low of $179.64 and a one year high of $367.61. The stock’s 50 day simple moving average is $304.53 and its 200 day simple moving average is $264.04. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40.

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

Enpro Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.28 annualized dividend and a yield of 0.4%. Enpro’s dividend payout ratio is currently 63.05%.

Wall Street Analysts Forecast Growth

NPO has been the topic of several research reports. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. KeyCorp boosted their price target on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Oppenheimer boosted their price target on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Finally, Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $315.00.

Enpro 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.