Enpro (NYSE:NPO) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Enpro Inc. (NYSE:NPO)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $233.07 and traded as high as $260.12. Enpro shares last traded at $253.2650, with a volume of 316,001 shares.

Analyst Ratings Changes

NPO has been the subject of a number of research analyst reports. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. KeyCorp boosted 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. Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. Finally, Oppenheimer raised their price objective on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $297.50.

Enpro Stock Up 2.1%

The firm has a 50-day moving average of $253.93 and a two-hundred day moving average of $233.07. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $5.38 billion, a PE ratio of 134.00, a price-to-earnings-growth ratio of 1.87 and a beta of 1.56.

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

Enpro Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.32 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This is an increase from Enpro’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 0.5%. Enpro’s dividend payout ratio is currently 67.72%.

Insider Activity at Enpro

In other Enpro news, CAO Steven R. Bower sold 507 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $265.15, for a total transaction of $134,431.05. Following the completion of the transaction, the chief accounting officer owned 4,695 shares of the company’s stock, valued at $1,244,879.25. This trade represents a 9.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John Humphrey sold 1,300 shares of Enpro stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total transaction of $349,297.00. Following the sale, the director owned 3,200 shares of the company’s stock, valued at approximately $859,808. This represents a 28.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 9,660 shares of company stock worth $2,653,220. 1.50% of the stock is owned by corporate insiders.

Institutional Trading of Enpro

Several institutional investors have recently added to or reduced their stakes in NPO. Westfuller Advisors LLC purchased a new stake in Enpro in the third quarter valued at approximately $25,000. Salomon & Ludwin LLC boosted its position in shares of Enpro by 55.4% during 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 during the period. Trust Co. of Vermont purchased a new position in shares of Enpro during the fourth quarter worth $32,000. Private Trust Co. NA grew its stake in shares of 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 buying an additional 73 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of 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 buying an additional 104 shares in the last quarter. Institutional investors and hedge funds 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.