Enpro Inc. (NYSE:NPO – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $283.61 and traded as high as $334.55. Enpro shares last traded at $323.9930, with a volume of 228,780 shares trading hands.
Analyst Upgrades and Downgrades
NPO has been the subject of several analyst reports. KeyCorp upped their price target on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research note on Monday. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. Two 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $327.50.
Read Our Latest Research Report on Enpro
Enpro Price Performance
Enpro (NYSE:NPO – Get Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.06. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The firm had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. During the same period in the prior year, the business posted $1.90 earnings per share. The firm’s revenue for the quarter 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, equities analysts anticipate that Enpro Inc. will post 9.14 earnings per share for the current year.
Enpro Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Wednesday, June 3rd. Enpro’s dividend payout ratio is presently 63.05%.
Hedge Funds Weigh In On Enpro
Several hedge funds and other institutional investors have recently modified their holdings of the company. First Citizens Bank & Trust Co. grew its holdings in shares of Enpro by 2.0% during the 1st quarter. First Citizens Bank & Trust Co. now owns 1,780 shares of the industrial products company’s stock worth $446,000 after purchasing an additional 35 shares during the period. Lido Advisors LLC raised its holdings in Enpro by 2.6% in the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock valued at $402,000 after buying an additional 45 shares during the period. Salomon & Ludwin LLC raised its holdings in Enpro by 55.4% in the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after buying an additional 46 shares during the period. Maryland State Retirement & Pension System lifted its position in Enpro by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock valued at $659,000 after buying an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after buying an additional 51 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.
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