JPMorgan Chase & Co. Initiates Coverage on Enpro (NYSE:NPO)

Research analysts at JPMorgan Chase & Co. started coverage on shares of Enpro (NYSE:NPO) in a research note issued on Monday, MarketBeat.com reports. The firm set an “overweight” rating and a $420.00 price target on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 23.95% from the stock’s current price.

A number of other research analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. KeyCorp boosted their price target on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $358.33.

Enpro Trading Up 4.4%

NYSE:NPO opened at $338.84 on Monday. The company has a market cap of $7.16 billion, a P/E ratio of 166.92, a price-to-earnings-growth ratio of 2.36 and a beta of 1.51. Enpro has a twelve month low of $199.73 and a twelve month high of $390.42. The business has a 50 day moving average price of $334.04 and a two-hundred day moving average price of $285.96. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. The company had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the company earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, analysts expect that Enpro will post 9.17 EPS for the current fiscal year.

Institutional Investors Weigh In On Enpro

Several large investors have recently made changes to their positions in the stock. Alliancebernstein L.P. increased its holdings in Enpro by 1,651.9% during the second quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock worth $78,497,000 after buying an additional 386,406 shares during the last quarter. Wasatch Advisors LP raised its position in Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after acquiring an additional 270,909 shares in the last quarter. Invesco Ltd. lifted its stake in Enpro by 26.5% in the third quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock valued at $186,527,000 after acquiring an additional 172,991 shares during the last quarter. Bessemer Group Inc. lifted its stake in Enpro by 36,070.1% in the fourth quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock valued at $22,540,000 after acquiring an additional 104,964 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position 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 acquiring an additional 85,667 shares during the period. Institutional investors and hedge funds own 98.31% of the company’s stock.

Trending Headlines about Enpro

Here are the key news stories impacting Enpro this week:

• Positive Sentiment: JPMorgan initiated coverage on Enpro with an “overweight” rating and a $420 price target, signaling meaningful upside from recent trading levels and reinforcing a bullish long-term view. JPMorgan initiates coverage on Enpro
• Positive Sentiment: Sidoti raised its FY2026 EPS estimate for Enpro to $9.20 from $9.14 and also lifted its FY2027 EPS estimate to $10.69, suggesting expectations for continued earnings growth.
• Positive Sentiment: Sidoti also nudged up its Q1 2027 EPS estimate to $2.57, which adds to the view that Enpro’s profit trend remains solid.
• Neutral Sentiment: Enpro announced the date for its second-quarter 2026 earnings release and conference call, a routine update that does not itself change fundamentals but keeps investors focused on the upcoming results. Enpro Announces Date for Second Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: Sidoti made a small downward tweak to its Q3 2027 EPS estimate to $2.67 from $2.69, but the change was minor and unlikely to move the stock on its own.
• Neutral Sentiment: A headline about “2 Profitable Stocks with Solid Fundamentals and 1 We Ignore” included Enpro, but it did not provide new company-specific information beyond reinforcing that the stock is being screened positively by some market watchers. 2 Profitable Stocks with Solid Fundamentals and 1 We Ignore

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.