Cookson Peirce & Co. Inc. lifted its position in Enpro Inc. (NYSE:NPO – Free Report) by 31.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,425 shares of the industrial products company’s stock after buying an additional 1,774 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Enpro were worth $1,590,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of NPO. Salomon & Ludwin LLC raised its stake in Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 46 shares during the last quarter. Trust Co. of Vermont acquired a new position in Enpro during the 4th quarter valued at $32,000. Jones Financial Companies Lllp raised its stake in Enpro by 236.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 104 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares during the last quarter. Finally, Strategic Advocates LLC acquired a new position in Enpro during the 3rd quarter valued at $45,000. 98.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. KeyCorp increased their price objective on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Oppenheimer increased their price objective 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. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Enpro presently has a consensus rating of “Moderate Buy” and an average target price of $315.00.
Enpro Stock Up 0.1%
Shares of NYSE:NPO opened at $312.37 on Monday. Enpro Inc. has a 12 month low of $179.64 and a 12 month high of $326.98. The company’s 50-day moving average price is $290.08 and its two-hundred day moving average price is $257.05. 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 firm has a market cap of $6.60 billion, a P/E ratio of 153.88, a P/E/G ratio of 2.28 and a beta of 1.55.
Enpro (NYSE:NPO – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The firm had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. During the same quarter in the prior year, the firm earned $1.90 EPS. The company’s revenue was up 10.9% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, research analysts forecast that Enpro Inc. will post 9.14 EPS for the current fiscal year.
Enpro Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is currently 63.05%.
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.
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