Kennedy Capital Management LLC Boosts Stock Holdings in Enpro Inc. $NPO

Kennedy Capital Management LLC raised its stake in Enpro Inc. (NYSE:NPO) by 83.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,565 shares of the industrial products company’s stock after acquiring an additional 27,629 shares during the period. Kennedy Capital Management LLC’s holdings in Enpro were worth $11,601,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its position in shares of 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. Lido Advisors LLC bought a new position in Enpro during the second quarter valued at approximately $327,000. First National Advisers LLC boosted its stake in Enpro by 17.5% during the second quarter. First National Advisers LLC now owns 3,192 shares of the industrial products company’s stock valued at $611,000 after buying an additional 475 shares during the last quarter. Legacy Capital Wealth Partners LLC purchased a new position in Enpro during the 2nd quarter valued at approximately $250,000. Finally, New York State Common Retirement Fund increased its stake in Enpro by 5.5% in the 2nd quarter. New York State Common Retirement Fund now owns 11,544 shares of the industrial products company’s stock worth $2,211,000 after acquiring an additional 600 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on NPO shares. KeyCorp upped their price objective on Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a research report on Tuesday, November 25th. Zacks Research lowered shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $245.00.

Enpro Stock Performance

NYSE:NPO opened at $225.28 on Friday. The firm has a market capitalization of $4.75 billion, a PE ratio of 55.35, a PEG ratio of 1.91 and a beta of 1.58. The stock’s fifty day moving average is $222.50 and its 200 day moving average is $211.68. Enpro Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $248.88. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.69 and a current ratio of 2.44.

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

Enpro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.24 annualized dividend and a yield of 0.6%. Enpro’s dividend payout ratio (DPR) is presently 30.47%.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.