Robert Savage Mclean Sells 2,000 Shares of Enpro (NYSE:NPO) Stock

Enpro Inc. (NYSE:NPO) EVP Robert Savage Mclean sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $277.50, for a total value of $555,000.00. Following the completion of the transaction, the executive vice president directly owned 29,909 shares of the company’s stock, valued at approximately $8,299,747.50. This represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Enpro Stock Performance

Shares of NPO traded up $2.62 on Tuesday, reaching $277.99. 195,921 shares of the company’s stock traded hands, compared to its average volume of 205,031. The stock’s 50 day simple moving average is $240.05 and its two-hundred day simple moving average is $228.53. The stock has a market cap of $5.91 billion, a PE ratio of 147.09, a PEG ratio of 2.07 and a beta of 1.58. Enpro Inc. has a 52-week low of $133.50 and a 52-week high of $286.35. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42.

Enpro (NYSE:NPO) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.08. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The firm had revenue of $295.40 million during the quarter, compared to the consensus estimate of $280.50 million. During the same quarter in the prior year, the company earned $1.57 EPS. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. On average, analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.32 dividend. This is a positive change from Enpro’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Enpro’s payout ratio is presently 65.61%.

Analyst Ratings Changes

NPO has been the subject of several research analyst reports. KeyCorp raised their price target on shares of Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Oppenheimer boosted their target price on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Finally, Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $297.50.

Institutional Trading of Enpro

A number of hedge funds and other institutional investors have recently bought and sold shares of NPO. Virtu Financial LLC bought a new position in Enpro in the 4th quarter valued at $228,000. Invesco Ltd. raised its position in shares of Enpro by 7.4% in the fourth quarter. Invesco Ltd. now owns 886,043 shares of the industrial products company’s stock worth $189,728,000 after buying an additional 60,704 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Enpro by 3.5% during the fourth quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock valued at $347,000 after buying an additional 54 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in Enpro during the fourth quarter worth about $212,000. Finally, Empowered Funds LLC increased its stake in Enpro by 29.7% in the 4th quarter. Empowered Funds LLC now owns 4,170 shares of the industrial products company’s stock worth $893,000 after acquiring an additional 954 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

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.