Enpro (NYSE:NPO) Announces Quarterly Earnings Results, Beats Expectations By $0.24 EPS

Enpro (NYSE:NPO) released its quarterly earnings data on Tuesday. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.24, reports. Enpro had a net margin of 4.88% and a return on equity of 12.55%. The firm had revenue of $350.80 million during the quarter, compared to analysts’ expectations of $334.04 million. During the same period last year, the business earned $1.01 earnings per share. Enpro’s revenue was up 22.4% compared to the same quarter last year.

Here are the key takeaways from Enpro’s conference call:

• Strong Q3 performance: Revenue rose 22.4% year over year to $350.8 million, adjusted EBITDA increased 31.7% to $91.3 million, and adjusted EPS grew 33.7% to $2.66, with the EBITDA margin expanding to 26%.
• Full-year 2026 guidance was raised to revenue of $1.33 billion-$1.34 billion, adjusted EBITDA of $340 million-$345 million, and adjusted EPS of $9.70-$9.95, reflecting stronger expected performance across both segments.
• Advanced Surface Technologies accelerated: AST sales grew 25.8%, while segment EBITDA increased 57.3% and margins expanded 500 basis points to 25.1%. Strong semiconductor demand and customer visibility extend through at least 2027, though increased capacity investments are expected in 2027.
• Sealing Technologies continued to deliver premium profitability: Sales increased 20.5% including acquisitions, and segment EBITDA rose 21.8% with a 32.6% margin. Growth was broad-based across aerospace, general industrial, digital infrastructure, compositional analysis, and improving commercial vehicle markets.
• Balance-sheet flexibility remains strong: Enpro generated $129.2 million of free cash flow through nine months, reduced revolving debt by $135 million year to date, and lowered net leverage to 1.4 times EBITDA. The board also approved a new $50 million share-repurchase authorization, while management continues to evaluate strategic acquisitions.

Enpro Trading Down 5.4%

NPO traded down $14.88 on Thursday, hitting $262.59. The company had a trading volume of 332,510 shares, compared to its average volume of 224,331. The firm has a market cap of $5.56 billion, a P/E ratio of 89.62, a PEG ratio of 1.98 and a beta of 1.64. Enpro has a 1 year low of $202.00 and a 1 year high of $390.42. The company’s fifty day moving average price is $296.28 and its 200 day moving average price is $296.37. The company has a current ratio of 2.12, a quick ratio of 1.43 and a debt-to-equity ratio of 0.32.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, December 2nd. Enpro’s payout ratio is 62.44%.

Enpro News Summary

Here are the key news stories impacting Enpro this week:

• Positive Sentiment: Enpro’s third-quarter results beat expectations: adjusted EPS was $2.66 versus the $2.42 consensus, while revenue of $350.8 million exceeded forecasts and rose 22.4% year over year. Article: Enpro’s Q3 2026 results
• Positive Sentiment: Management highlighted semiconductor demand and acquisitions as growth drivers, with margin expansion also noted in the Q3 review. The company projected 2026 revenue of $1.33 billion to $1.34 billion and discussed higher 2027 capital spending to support demand. Article: Q3 semiconductor demand and acquisitions
• Positive Sentiment: JPMorgan raised its price target to $440 from $430 and maintained an Overweight rating, signaling confidence in Enpro’s prospects. JPMorgan rating information
• Positive Sentiment: Sidoti’s revised forecasts generally point to earnings growth, including higher FY2026 EPS estimates of $9.83 and FY2027 estimates of $11.43; it also projects $12.68 for FY2028. Enpro analyst estimates
• Negative Sentiment: Sidoti trimmed its Q4 2027 EPS estimate slightly, to $2.83 from $2.87. This is a limited forecast reduction amid otherwise higher estimates. Enpro analyst estimates

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NPO. Zacks Research cut shares of Enpro from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 18th. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Sunday, September 6th. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. upped their price objective on Enpro from $430.00 to $440.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, KeyCorp increased their price objective on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.00.

About Enpro

Enpro Inc (NYSE:NPO) is an industrial technology company that designs and manufactures engineered products for demanding applications. Its offerings are used in industries including semiconductor manufacturing, aerospace, power generation, chemical processing, oil and gas, and general industrial markets, where reliability, precision, and resistance to heat, pressure, and corrosive environments are important.

Enpro operates through businesses focused on sealing technologies and advanced surface technologies.