Police & Firemen s Retirement System of New Jersey Acquires 269 Shares of Enpro Inc. $NPO

Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Enpro Inc. (NYSE:NPO) by 6.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,740 shares of the industrial products company’s stock after acquiring an additional 269 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Enpro were worth $908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in NPO. Huntington National Bank raised its holdings in Enpro by 106.3% in the 2nd quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 85 shares in the last quarter. Maseco LLP bought a new position in Enpro in the second quarter worth about $36,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Enpro in the second quarter worth about $42,000. UMB Bank n.a. boosted its position in Enpro by 57.7% during the 2nd quarter. UMB Bank n.a. now owns 328 shares of the industrial products company’s stock valued at $63,000 after acquiring an additional 120 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in Enpro during the 1st quarter valued at approximately $115,000. Institutional investors own 98.31% of the company’s stock.

Enpro Price Performance

Shares of NPO opened at $216.10 on Friday. The firm has a fifty day simple moving average of $222.41 and a two-hundred day simple moving average of $209.25. The firm has a market cap of $4.55 billion, a PE ratio of 54.02, a P/E/G ratio of 2.27 and a beta of 1.60. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $248.88.

Enpro (NYSE:NPO) last issued 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. The company had revenue of $286.60 million during the quarter, compared to analyst estimates of $276.57 million. Enpro had a return on equity of 10.49% and a net margin of 7.83%. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, equities analysts anticipate that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. Enpro’s dividend payout ratio is presently 30.47%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NPO. Oppenheimer lifted their price target on Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Zacks Research downgraded shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. KeyCorp lifted their price target on shares of Enpro from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research report on Wednesday. Finally, Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Enpro currently has a consensus rating of “Moderate Buy” and an average price target of $245.00.

About Enpro

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.