Janus Henderson Group PLC Grows Position in Enpro Inc. $NPO

Janus Henderson Group PLC grew its position in Enpro Inc. (NYSE:NPO) by 13.0% during the first quarter, HoldingsChannel.com reports. The fund owned 175,090 shares of the industrial products company’s stock after acquiring an additional 20,187 shares during the quarter. Janus Henderson Group PLC’s holdings in Enpro were worth $43,883,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cedar Mountain Advisors LLC bought a new position in shares of Enpro during the 1st quarter valued at approximately $25,000. Salomon & Ludwin LLC increased its position 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 purchasing an additional 46 shares during the last quarter. Trust Co. of Vermont bought a new stake in Enpro in the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd purchased a new stake in Enpro during the fourth quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC raised its stake in Enpro by 36.2% during 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 in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Price Performance

Shares of Enpro stock opened at $313.87 on Monday. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 154.62, a price-to-earnings-growth ratio of 2.28 and a beta of 1.54. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. The stock has a 50 day moving average price of $335.93 and a 200-day moving average price of $291.38. Enpro Inc. has a one year low of $202.00 and a one year high of $390.42.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.06. The company had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. Enpro had a return on equity of 11.33% and a net margin of 3.70%.Enpro’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities analysts expect that Enpro Inc. will post 9.16 EPS for the current year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Enpro’s dividend payout ratio is currently 63.05%.

Analyst Upgrades and Downgrades

NPO has been the subject of several research reports. Weiss Ratings upgraded shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. JPMorgan Chase & Co. assumed coverage on shares of Enpro in a report on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price on the stock. Finally, KeyCorp upped their target price on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $358.33.

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.