Conestoga Capital Advisors LLC Takes Position in Enpro Inc. $NPO

Conestoga Capital Advisors LLC bought a new stake in shares of Enpro Inc. (NYSE:NPO) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 80,350 shares of the industrial products company’s stock, valued at approximately $20,140,000. Conestoga Capital Advisors LLC owned 0.38% of Enpro as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Alliancebernstein L.P. increased its stake in Enpro by 1,651.9% in the second quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after purchasing an additional 386,406 shares in the last quarter. Wasatch Advisors LP raised its holdings in shares of Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock valued at $204,152,000 after purchasing an additional 270,909 shares during the period. Invesco Ltd. boosted its position in shares of Enpro by 26.5% during the 3rd quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock worth $186,527,000 after purchasing an additional 172,991 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Enpro by 36,070.1% in the 4th quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock valued at $22,540,000 after buying an additional 104,964 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Enpro by 32.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 350,948 shares of the industrial products company’s stock valued at $75,149,000 after buying an additional 85,667 shares during the period. 98.31% of the stock is owned by institutional investors.

Enpro Stock Performance

Shares of NPO opened at $361.44 on Thursday. 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 moving average price of $324.60 and a two-hundred day moving average price of $274.85. The firm has a market capitalization of $7.64 billion, a P/E ratio of 178.05, a P/E/G ratio of 2.75 and a beta of 1.51. Enpro Inc. has a 52 week low of $195.48 and a 52 week high of $390.42.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, topping 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 company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities analysts forecast that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, June 3rd. Enpro’s dividend payout ratio is presently 63.05%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. KeyCorp upped their target price on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.