Gamco Investors INC. ET AL Lowers Holdings in Enpro Inc. $NPO

Gamco Investors INC. ET AL decreased its holdings in Enpro Inc. (NYSE:NPO) by 4.2% in the 4th quarter, HoldingsChannel reports. The firm owned 332,024 shares of the industrial products company’s stock after selling 14,670 shares during the quarter. Enpro makes up 0.7% of Gamco Investors INC. ET AL’s holdings, making the stock its 24th biggest holding. Gamco Investors INC. ET AL’s holdings in Enpro were worth $71,096,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Salomon & Ludwin LLC boosted its stake in shares of Enpro by 55.4% in the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 46 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Enpro by 36.2% in the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Enpro by 7.3% in the fourth quarter. Farther Finance Advisors LLC now owns 804 shares of the industrial products company’s stock valued at $172,000 after purchasing an additional 55 shares during the period. Bessemer Group Inc. boosted its stake in shares of Enpro by 25.4% in the third quarter. Bessemer Group Inc. now owns 291 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 59 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of Enpro by 6.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,063 shares of the industrial products company’s stock valued at $240,000 after purchasing an additional 61 shares during the period. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Up 0.2%

Shares of Enpro stock opened at $312.22 on Monday. Enpro Inc. has a 52-week low of $173.63 and a 52-week high of $326.98. The company has a 50 day moving average of $272.27 and a 200 day moving average of $247.43. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $6.60 billion, a P/E ratio of 153.80, a P/E/G ratio of 2.27 and a beta of 1.56.

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

Enpro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be paid a $0.32 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s payout ratio is currently 63.05%.

Insider Activity

In related news, Director Felix M. Brueck sold 5,853 shares of Enpro 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 in the company, valued at $432,241.28. The trade was a 78.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Humphrey sold 1,300 shares of Enpro stock in a transaction that occurred 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 completion of the transaction, the director owned 3,200 shares of the company’s stock, valued at $859,808. This represents a 28.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,660 shares of company stock worth $2,653,220 over the last three months. Insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NPO shares. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. KeyCorp raised their price objective on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Oppenheimer raised their price objective on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Finally, Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Enpro currently has an average rating of “Moderate Buy” and a consensus price target 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.