9,300 Shares in Enpro Inc. $NPO Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in Enpro Inc. (NYSE:NPO) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,300 shares of the industrial products company’s stock, valued at approximately $2,331,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fifth Third Wealth Advisors LLC acquired a new position in shares of Enpro in the 1st quarter worth approximately $296,000. Rockefeller Capital Management L.P. increased its holdings in Enpro by 158.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 511 shares of the industrial products company’s stock valued at $109,000 after purchasing an additional 313 shares during the last quarter. Corient Private Wealth LLC raised its position in Enpro by 3.5% in the fourth quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock valued at $347,000 after purchasing an additional 54 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Enpro in the fourth quarter valued at approximately $33,000. Finally, MidFirst Bank purchased a new stake in Enpro in the fourth quarter valued at approximately $469,000. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Stock Performance

Shares of NPO opened at $371.83 on Tuesday. Enpro Inc. has a 1 year low of $189.31 and a 1 year high of $390.42. The stock has a market capitalization of $7.86 billion, a PE ratio of 183.17, a PEG ratio of 2.77 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. The stock has a 50-day simple moving average of $321.12 and a 200-day simple moving average of $272.77.

Enpro (NYSE:NPO) last issued its earnings results 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. 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 analysts’ expectations of $303.90 million. During the same quarter last year, the company earned $1.90 earnings per share. The firm’s revenue 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, 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 was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a dividend of $0.32 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. Enpro’s payout ratio is presently 63.05%.

Analysts Set New Price Targets

Several research firms have recently commented on NPO. KeyCorp raised their price target on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Enpro has a consensus rating of “Moderate Buy” and a consensus target price 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.