Enpro (NYSE:NPO) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Enpro Inc. (NYSE:NPO) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $219.06 and traded as high as $242.93. Enpro shares last traded at $241.8280, with a volume of 219,326 shares changing hands.

Wall Street Analyst Weigh In

NPO has been the topic of a number of recent research reports. KeyCorp raised their price target on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Zacks Research downgraded Enpro from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Enpro has an average rating of “Moderate Buy” and a consensus target price of $245.00.

Enpro Trading Up 0.7%

The company has a current ratio of 2.44, a quick ratio of 1.69 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $220.19 and a 200-day moving average price of $219.59. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 1.85 and a beta of 1.59.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, November 4th. The industrial products company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.93 by $0.06. The business had revenue of $286.60 million during the quarter, compared to analyst estimates of $276.57 million. Enpro had a net margin of 7.81% and a return on equity of 10.77%. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. As a group, sell-side analysts predict that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, December 3rd. Enpro’s dividend payout ratio (DPR) is currently 30.47%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Westfuller Advisors LLC acquired a new stake in shares of Enpro during the 3rd quarter valued at about $25,000. Huntington National Bank raised its position in Enpro by 106.3% during the second quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares in the last quarter. Trust Co. of Vermont acquired a new stake in Enpro in the fourth quarter valued at approximately $32,000. Private Trust Co. NA lifted its stake in Enpro by 98.6% in the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 73 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in Enpro by 236.4% in 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 in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

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.