Enpro Inc. (NYSE:NPO) Given Consensus Recommendation of “Buy” by Brokerages

Enpro Inc. (NYSE:NPO) has been given a consensus recommendation of “Buy” by the five research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $358.3333.

A number of brokerages recently issued reports on NPO. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research raised shares of Enpro from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. began coverage on shares of Enpro in a report on Monday, July 20th. They issued an “overweight” rating and a $420.00 price objective on the stock. Finally, KeyCorp boosted their price objective on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th.

Institutional Investors Weigh In On Enpro

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. M&T Bank Corp bought a new position in Enpro in the fourth quarter valued at approximately $8,935,000. UBS Group AG raised its stake in shares of Enpro by 54.0% during the 4th quarter. UBS Group AG now owns 67,572 shares of the industrial products company’s stock worth $14,469,000 after purchasing an additional 23,705 shares in the last quarter. Dana Investment Advisors Inc. raised its stake in shares of Enpro by 128.0% during the 4th quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock worth $2,008,000 after purchasing an additional 5,263 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Enpro by 105,350.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company’s stock valued at $4,968,000 after buying an additional 23,177 shares during the last quarter. Finally, Royce & Associates LP boosted its holdings in shares of Enpro by 7.5% in the 4th quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company’s stock valued at $55,369,000 after buying an additional 18,143 shares during the last quarter. 98.31% of the stock is owned by institutional investors.

Enpro Price Performance

Shares of NPO opened at $329.82 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.43 and a current ratio of 2.28. The stock has a 50 day simple moving average of $340.77 and a 200 day simple moving average of $299.68. Enpro has a 52-week low of $202.00 and a 52-week high of $390.42. The firm has a market capitalization of $6.98 billion, a PE ratio of 160.89, a P/E/G ratio of 2.40 and a beta of 1.54.

Enpro (NYSE:NPO) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. Enpro had a return on equity of 11.83% and a net margin of 3.60%.The business had revenue of $338.80 million during the quarter, compared to analysts’ expectations of $323.68 million. During the same period in the prior year, the business earned $1.25 EPS. Enpro’s revenue for the quarter was up 17.6% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Sell-side analysts predict that Enpro will post 9.55 EPS for the current fiscal year.

Enpro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, September 2nd. Enpro’s 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.