Enpro Inc. $NPO Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in Enpro Inc. (NYSE:NPO) by 3.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 526,889 shares of the industrial products company’s stock after acquiring an additional 16,772 shares during the quarter. Geode Capital Management LLC owned approximately 2.50% of Enpro worth $112,840,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Salomon & Ludwin LLC grew its holdings in shares of Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 46 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 51 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Enpro by 7.3% in the 4th quarter. Farther Finance Advisors LLC now owns 804 shares of the industrial products company’s stock worth $172,000 after acquiring an additional 55 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Enpro by 25.4% in the 3rd quarter. Bessemer Group Inc. now owns 291 shares of the industrial products company’s stock worth $66,000 after acquiring an additional 59 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Enpro by 6.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,063 shares of the industrial products company’s stock worth $240,000 after acquiring an additional 61 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Stock Performance

Shares of NPO stock opened at $312.37 on Friday. Enpro Inc. has a 1-year low of $179.64 and a 1-year high of $326.98. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 153.88, a P/E/G ratio of 2.32 and a beta of 1.55. The stock’s fifty day simple moving average is $290.08 and its 200-day simple moving average is $256.68.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The business had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. During the same quarter in the previous year, the company posted $1.90 earnings per share. Enpro’s revenue for the quarter was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. On average, sell-side analysts predict that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be paid a $0.32 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s payout ratio is 63.05%.

Wall Street Analyst Weigh In

NPO has been the topic of a number of recent research reports. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings upgraded Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Oppenheimer lifted their price target on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Finally, KeyCorp lifted their price target on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $315.00.

About Enpro

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.