28,953 Shares in Enpro Inc. $NPO Acquired by Emerald Investment Advisers LLC

Emerald Investment Advisers LLC acquired a new stake in shares of Enpro Inc. (NYSE:NPO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 28,953 shares of the industrial products company’s stock, valued at approximately $10,913,000.

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

Enpro Stock Down 0.1%

Enpro stock opened at $312.49 on Friday. The company has a market capitalization of $6.62 billion, a P/E ratio of 152.43, a P/E/G ratio of 2.18 and a beta of 1.54. The firm’s fifty day simple moving average is $339.79 and its 200-day simple moving average is $300.84. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36. Enpro Inc. has a 1-year low of $202.00 and a 1-year high of $390.42.

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

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s payout ratio is currently 62.44%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NPO. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. KeyCorp lifted their price target on Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Zacks Research upgraded Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. initiated coverage on Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $358.33.

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.