Enpro Inc. (NYSE:NPO) Announces Quarterly Dividend of $0.32

Enpro Inc. (NYSE:NPO) declared a quarterly dividend on Wednesday, October 28th. Investors of record on Wednesday, December 2nd will be paid a dividend of $0.32 per share by the industrial products company on Wednesday, December 16th. This represents a $1.28 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, December 2nd.

Enpro has a dividend payout ratio of 15.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Enpro to earn $10.89 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 11.8%.

Enpro Stock Up 0.4%

Shares of NPO stock opened at $282.98 on Thursday. Enpro has a twelve month low of $202.00 and a twelve month high of $390.42. The stock has a market cap of $5.99 billion, a P/E ratio of 138.04, a P/E/G ratio of 1.86 and a beta of 1.58. The stock has a 50 day moving average of $299.61 and a 200 day moving average of $295.31. 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 (NYSE:NPO) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. The business had revenue of $338.80 million for the quarter, compared to analysts’ expectations of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, sell-side analysts expect that Enpro will post 9.59 EPS for the current year.

Institutional Trading of Enpro

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Enpro during the 2nd quarter worth about $1,268,036,000. Bamco Inc. NY purchased a new position in Enpro in the 2nd quarter valued at about $150,577,000. Jupiter Topco LLC purchased a new position in Enpro in the 2nd quarter valued at about $65,672,000. Bank of New York Mellon Corp acquired a new stake in Enpro in the 2nd quarter worth about $54,496,000. Finally, Janus Henderson Group PLC boosted its holdings in Enpro by 13.0% in the 1st quarter. Janus Henderson Group PLC now owns 175,090 shares of the industrial products company’s stock worth $43,883,000 after buying an additional 20,187 shares during the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

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.