Congruence Capital LLC Invests $11.17 Million in Enpro Inc. $NPO

Congruence Capital LLC acquired a new position in shares of Enpro Inc. (NYSE:NPO) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 52,175 shares of the industrial products company’s stock, valued at approximately $11,172,000. Enpro makes up about 4.1% of Congruence Capital LLC’s portfolio, making the stock its 11th biggest holding. Congruence Capital LLC owned approximately 0.25% of Enpro as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in NPO. AQR Capital Management LLC boosted its position in shares of Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock worth $532,000 after acquiring an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Enpro by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock worth $2,023,000 after acquiring an additional 552 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Enpro during the 1st quarter worth about $247,000. United Services Automobile Association acquired a new position in shares of Enpro during the 1st quarter worth about $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Enpro by 17.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock worth $11,148,000 after acquiring an additional 10,162 shares in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Stock Down 0.1%

Shares of NYSE NPO opened at $334.56 on Friday. The stock has a market cap of $7.07 billion, a PE ratio of 164.81, a price-to-earnings-growth ratio of 2.44 and a beta of 1.55. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. Enpro Inc. has a 52-week low of $179.64 and a 52-week high of $341.95. The business has a 50-day moving average price of $298.17 and a 200 day moving average price of $260.91.

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

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is 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%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NPO. KeyCorp upped their target price on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Oppenheimer upped their target price on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, February 19th. Finally, Weiss Ratings raised Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.00.

Enpro Company 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.