Louisiana State Employees Retirement System Invests $2.33 Million in Enpro Inc. $NPO

Louisiana State Employees Retirement System bought a new position in shares of Enpro Inc. (NYSE:NPO) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,300 shares of the industrial products company’s stock, valued at approximately $2,331,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC increased its stake in 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 last quarter. Trust Co. of Vermont purchased a new stake in shares of Enpro during the 4th quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Enpro in the 4th quarter valued at $33,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after buying an additional 51 shares in the last quarter. Finally, Strategic Advocates LLC purchased a new position in shares of Enpro in the 3rd quarter valued at $45,000. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Trading Down 2.0%

Shares of NPO stock opened at $371.83 on Tuesday. The company has a market capitalization of $7.86 billion, a P/E ratio of 183.17, a price-to-earnings-growth ratio of 2.77 and a beta of 1.55. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39. The business’s 50 day moving average is $321.12 and its two-hundred day moving average is $272.77. Enpro Inc. has a twelve month low of $189.31 and a twelve month high of $390.42.

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

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is 63.05%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NPO shares. Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. KeyCorp upped their target price on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Enpro currently has a consensus rating of “Moderate Buy” and a consensus target price 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.