Wasatch Advisors LP Reduces Stake in Enpro Inc. $NPO

Wasatch Advisors LP lowered its stake in Enpro Inc. (NYSE:NPO) by 17.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 909,882 shares of the industrial products company’s stock after selling 194,412 shares during the quarter. Enpro makes up 1.5% of Wasatch Advisors LP’s investment portfolio, making the stock its 18th largest position. Wasatch Advisors LP owned about 4.31% of Enpro worth $228,062,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its holdings in shares of Enpro by 55.4% in the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after buying an additional 46 shares in the last quarter. Trust Co. of Vermont bought a new position in shares of Enpro in the fourth quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd purchased a new position in Enpro during the fourth quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew its stake in 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 acquiring an additional 51 shares in the last quarter. Finally, Strategic Advocates LLC bought a new stake in Enpro during the 3rd quarter worth approximately $45,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Performance

NYSE:NPO opened at $377.55 on Friday. The stock has a market cap of $7.98 billion, a P/E ratio of 185.98, a PEG ratio of 2.77 and a beta of 1.55. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. The business’s 50-day moving average price is $319.13 and its two-hundred day moving average price is $271.32. Enpro Inc. has a twelve month low of $189.03 and a twelve month high of $390.42.

Enpro (NYSE:NPO) last issued its quarterly earnings data 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. The company had revenue of $303.00 million during the quarter, compared to analyst estimates of $303.90 million. Enpro had a return on equity of 11.33% and a net margin of 3.70%.Enpro’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, equities analysts predict that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 3rd. Enpro’s payout ratio is currently 63.05%.

Analyst Ratings Changes

NPO has been the topic of several recent analyst reports. Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. KeyCorp boosted their price target on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Enpro presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.00.

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.