Enpro (NYSE:NPO) Reaches New 12-Month High – What’s Next?

Enpro Inc. (NYSE:NPO) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $383.55 and last traded at $384.1150, with a volume of 504272 shares changing hands. The stock had previously closed at $379.65.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. KeyCorp raised their price objective on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research note 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 given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $315.00.

Enpro Stock Performance

The firm’s 50-day moving average price is $313.20 and its two-hundred day moving average price is $268.50. The firm has a market capitalization of $7.82 billion, a PE ratio of 182.38, a P/E/G ratio of 2.83 and a beta of 1.55. 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 issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS 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 business had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. During the same quarter in the prior year, the firm earned $1.90 EPS. The firm’s quarterly 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 predict that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is 63.05%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock worth $532,000 after acquiring an additional 1,321 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Enpro by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock valued at $2,023,000 after purchasing an additional 552 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Enpro in the 1st quarter valued at about $247,000. United Services Automobile Association purchased a new stake in shares of Enpro in the first quarter worth approximately $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Enpro by 17.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock worth $11,148,000 after purchasing an additional 10,162 shares in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Company 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.