Enpro Inc. (NYSE:NPO) Short Interest Update

Enpro Inc. (NYSE:NPO) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 312,673 shares, a decline of 18.0% from the February 12th total of 381,301 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily volume of 238,852 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 238,852 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.5% of the shares of the company are sold short.

Insider Buying and Selling at Enpro

In related news, Director Felix M. Brueck sold 5,853 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $275.84, for a total value of $1,614,491.52. Following the completion of the transaction, the director owned 1,567 shares of the company’s stock, valued at $432,241.28. This represents a 78.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Humphrey sold 1,300 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $268.69, for a total transaction of $349,297.00. Following the sale, the director directly owned 3,200 shares in the company, valued at approximately $859,808. The trade was a 28.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 9,660 shares of company stock worth $2,653,220. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Enpro

Several hedge funds have recently added to or reduced their stakes in NPO. Westfuller Advisors LLC purchased a new stake in shares of Enpro during the 3rd quarter valued at $25,000. Salomon & Ludwin LLC boosted its holdings in Enpro by 55.4% in the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 46 shares in the last quarter. Private Trust Co. NA boosted its holdings in Enpro by 98.6% in the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 73 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Enpro by 236.4% during the third quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 104 shares during the last quarter. Finally, Trust Co. of Vermont acquired a new position in shares of Enpro during the fourth quarter valued at about $32,000. 98.31% of the stock is currently owned by institutional investors.

Enpro Price Performance

Shares of Enpro stock opened at $254.23 on Wednesday. Enpro has a one year low of $133.50 and a one year high of $286.35. The stock has a market capitalization of $5.40 billion, a P/E ratio of 134.69, a price-to-earnings-growth ratio of 1.87 and a beta of 1.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.32 and a quick ratio of 1.50. The business’s 50 day simple moving average is $252.27 and its two-hundred day simple moving average is $232.09.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.08. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The business had revenue of $295.40 million for the quarter, compared to analysts’ expectations of $280.50 million. During the same period in the previous year, the firm posted $1.57 EPS. The business’s revenue was up 14.3% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Analysts forecast that Enpro will post 7.38 EPS for the current year.

Enpro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.28 annualized dividend and a yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is currently 67.72%.

Analysts Set New Price Targets

A number of analysts recently commented on NPO shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. KeyCorp lifted their target price on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer increased their price target on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $297.50.

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.