Gabelli Funds LLC Reduces Stock Position in Enpro Inc. $NPO

Gabelli Funds LLC lowered its stake in Enpro Inc. (NYSE:NPO) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,762 shares of the industrial products company’s stock after selling 2,200 shares during the quarter. Gabelli Funds LLC’s holdings in Enpro were worth $14,296,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC boosted 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 worth $29,000 after purchasing an additional 46 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Enpro by 36.2% in the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 51 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Enpro by 7.3% in the fourth quarter. Farther Finance Advisors LLC now owns 804 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 55 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Enpro by 25.4% in the third quarter. Bessemer Group Inc. now owns 291 shares of the industrial products company’s stock worth $66,000 after purchasing an additional 59 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in Enpro by 6.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,063 shares of the industrial products company’s stock worth $240,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Down 2.5%

Shares of NPO stock opened at $298.87 on Wednesday. The company has a market capitalization of $6.32 billion, a price-to-earnings ratio of 147.23, a PEG ratio of 2.24 and a beta of 1.56. Enpro Inc. has a one year low of $173.63 and a one year high of $326.98. The company’s fifty day moving average price is $274.31 and its 200-day moving average price is $248.50. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40.

Enpro (NYSE:NPO) last announced its quarterly earnings data 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. The firm 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 company’s revenue was up 10.9% on a year-over-year basis. During the same period last year, the firm earned $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Sell-side analysts expect that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, June 3rd. Enpro’s payout ratio is currently 63.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NPO shares. Oppenheimer raised their target price on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. KeyCorp lifted their price target on shares of Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.00.

Insider Activity at Enpro

In other Enpro news, Director Felix M. Brueck sold 5,853 shares of Enpro stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $275.84, for a total value of $1,614,491.52. Following the sale, the director directly owned 1,567 shares in the company, valued at approximately $432,241.28. The trade was a 78.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Humphrey sold 1,300 shares of Enpro stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $268.69, for a total transaction of $349,297.00. Following the completion of the sale, the director owned 3,200 shares in the company, valued at approximately $859,808. This represents a 28.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 9,660 shares of company stock valued at $2,653,220. 1.60% of the stock is currently owned by insiders.

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.