Agman Capital LLC Makes New Investment in Enpro Inc. $NPO

Agman Capital LLC acquired a new position in shares of Enpro Inc. (NYSE:NPO) in the 4th quarter, Holdings Channel.com reports. The fund acquired 27,315 shares of the industrial products company’s stock, valued at approximately $5,849,000. Enpro makes up 5.0% of Agman Capital LLC’s holdings, making the stock its 6th biggest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. M&T Bank Corp purchased a new position in Enpro during the fourth quarter worth $8,935,000. Cookson Peirce & Co. Inc. purchased a new stake in shares of Enpro during the third quarter valued at $1,277,000. JPMorgan Chase & Co. boosted its stake in shares of Enpro by 16.3% during the third quarter. JPMorgan Chase & Co. now owns 90,239 shares of the industrial products company’s stock valued at $20,394,000 after purchasing an additional 12,651 shares during the period. Congress Asset Management Co. boosted its stake in shares of Enpro by 7.3% during the fourth quarter. Congress Asset Management Co. now owns 376,272 shares of the industrial products company’s stock valued at $80,571,000 after purchasing an additional 25,715 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in shares of Enpro by 14.4% during the third quarter. Public Sector Pension Investment Board now owns 82,081 shares of the industrial products company’s stock valued at $18,550,000 after purchasing an additional 10,327 shares during the period. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Stock Performance

NPO stock opened at $334.56 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40. The business has a 50-day moving average price of $298.17 and a 200 day moving average price of $260.91. The company has a market capitalization of $7.07 billion, a P/E ratio of 164.81, a PEG ratio of 2.44 and a beta of 1.55. Enpro Inc. has a 1-year low of $179.64 and a 1-year high of $341.95.

Enpro (NYSE:NPO) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.06. The firm had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, equities research analysts forecast that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Announces Dividend

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

Wall Street Analyst Weigh In

NPO has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Oppenheimer boosted their target price 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. Finally, KeyCorp boosted their target price 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. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Enpro presently has an average rating of “Moderate Buy” and a consensus price target 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.