Tudor Investment Corp ET AL Has $5.64 Million Position in Enpro Inc. $NPO

Tudor Investment Corp ET AL increased its stake in shares of Enpro Inc. (NYSE:NPO) by 973.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 24,947 shares of the industrial products company’s stock after buying an additional 22,622 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Enpro were worth $5,638,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in NPO. Westfuller Advisors LLC acquired a new stake in Enpro in the third quarter valued at approximately $25,000. Private Trust Co. NA lifted its stake in Enpro by 98.6% in the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 73 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Enpro by 236.4% in the third quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Enpro by 36.2% in the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 51 shares during the last quarter. Finally, Strategic Advocates LLC acquired a new stake in Enpro in the third quarter valued at approximately $45,000. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Price Performance

Shares of Enpro stock opened at $274.17 on Thursday. The firm has a fifty day simple moving average of $257.71 and a 200-day simple moving average of $235.64. 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 Inc. has a 1-year low of $135.85 and a 1-year high of $286.35. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of 145.06, a PEG ratio of 1.91 and a beta of 1.54.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.08. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The business had revenue of $295.40 million during the quarter, compared to analysts’ expectations of $280.50 million. During the same period in the previous year, the company earned $1.57 earnings per share. Enpro’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, sell-side analysts expect that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were paid a $0.32 dividend. The ex-dividend date was Wednesday, March 4th. This is a positive change from Enpro’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.5%. Enpro’s dividend payout ratio is presently 67.72%.

Insider Activity

In other news, Director John Humphrey sold 1,300 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total value of $349,297.00. Following the completion of the sale, the director directly owned 3,200 shares in the company, valued at approximately $859,808. The trade was a 28.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert Savage Mclean sold 2,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $277.50, for a total transaction of $555,000.00. Following the completion of the sale, the executive vice president owned 29,909 shares of the company’s stock, valued at $8,299,747.50. The trade was a 6.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,660 shares of company stock valued at $2,653,220 over the last three months. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

NPO has been the subject of a number of analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. KeyCorp lifted their target price on shares of Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, Oppenheimer lifted their target price on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $297.50.

Enpro 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.