First Eagle Investment Management LLC Boosts Position in Enpro Inc. $NPO

First Eagle Investment Management LLC lifted its position in Enpro Inc. (NYSE:NPO) by 4.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,808 shares of the industrial products company’s stock after purchasing an additional 2,739 shares during the quarter. First Eagle Investment Management LLC owned about 0.28% of Enpro worth $13,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NPO. Cookson Peirce & Co. Inc. acquired a new stake in shares of Enpro during the 3rd quarter worth about $1,277,000. Hsbc Holdings PLC purchased a new position in Enpro during the second quarter worth about $2,124,000. Congress Asset Management Co. boosted its stake in Enpro by 2.6% during the third quarter. Congress Asset Management Co. now owns 350,557 shares of the industrial products company’s stock worth $79,226,000 after buying an additional 8,992 shares during the period. Bahl & Gaynor Inc. increased its position in shares of Enpro by 2.9% during the second quarter. Bahl & Gaynor Inc. now owns 35,092 shares of the industrial products company’s stock valued at $6,722,000 after acquiring an additional 999 shares during the last quarter. Finally, Kennedy Capital Management LLC raised its stake in shares of Enpro by 83.9% in the 2nd quarter. Kennedy Capital Management LLC now owns 60,565 shares of the industrial products company’s stock valued at $11,601,000 after acquiring an additional 27,629 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Stock Down 2.9%

Enpro stock opened at $256.42 on Wednesday. The firm has a market capitalization of $5.45 billion, a P/E ratio of 135.67, a P/E/G ratio of 2.00 and a beta of 1.56. 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 twelve month low of $133.50 and a twelve month high of $286.35. The stock’s fifty day simple moving average is $246.16 and its 200-day simple moving average is $230.23.

Enpro (NYSE:NPO) last released its earnings results 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 analyst estimates of $280.50 million. During the same period last year, the business posted $1.57 earnings per share. Enpro’s revenue was up 14.3% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. As a group, equities analysts expect that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.32 per share. The ex-dividend date is 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 payout ratio is currently 65.61%.

Insider Activity

In other news, Director Felix M. Brueck sold 5,853 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $275.84, for a total value of $1,614,491.52. Following the transaction, the director owned 1,567 shares in the company, valued at approximately $432,241.28. This represents a 78.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Robert Savage Mclean sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $277.50, for a total value of $555,000.00. Following the sale, the executive vice president directly owned 29,909 shares in the company, valued at $8,299,747.50. This trade represents a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 9,660 shares of company stock worth $2,653,220 in the last ninety days. 1.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on NPO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. KeyCorp raised their price target on Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, Oppenheimer increased their target price on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.