174,219 Shares in Enpro Inc. $NPO Purchased by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Enpro Inc. (NYSE:NPO) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 174,219 shares of the industrial products company’s stock, valued at approximately $65,672,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. UBS Group AG lifted its holdings 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 valued at $14,469,000 after purchasing an additional 23,705 shares in the last quarter. Dana Investment Advisors Inc. grew its holdings in 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 buying an additional 5,263 shares in the last quarter. California State Teachers Retirement System grew its holdings in Enpro by 30.3% during the first quarter. California State Teachers Retirement System now owns 25,701 shares of the industrial products company’s stock worth $6,442,000 after buying an additional 5,972 shares in the last quarter. Royce & Associates LP raised its position in 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. Finally, Northwestern Mutual Wealth Management Co. raised its position in 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. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Stock Performance

Shares of NPO opened at $309.06 on Friday. Enpro Inc. has a 1 year low of $202.00 and a 1 year high of $390.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43. The stock’s fifty day moving average price is $335.24 and its two-hundred day moving average price is $302.68. The firm has a market cap of $6.54 billion, a PE ratio of 150.76, a PEG ratio of 2.16 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 for the quarter, topping the consensus estimate of $2.32 by $0.18. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The firm had revenue of $338.80 million during the quarter, compared to the consensus estimate of $323.68 million. During the same quarter last year, the company earned $1.25 earnings per share. The company’s revenue was up 17.6% on a year-over-year basis. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, equities research analysts forecast that Enpro Inc. will post 9.55 EPS for the current year.

Enpro Dividend Announcement

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

Analysts Set New Price Targets

NPO has been the topic of a number of analyst reports. JPMorgan Chase & Co. began coverage on shares of Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 price objective on the stock. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. KeyCorp increased their target price on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, Zacks Research upgraded shares of Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus 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.