Enpro (NYSE:NPO) Hits New 12-Month High – Should You Buy?

Enpro Inc. (NYSE:NPO) shares hit a new 52-week high on Monday . The company traded as high as $349.90 and last traded at $346.1210, with a volume of 18912 shares trading hands. The stock had previously closed at $334.60.

Wall Street Analysts Forecast Growth

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

Enpro Trading Up 4.1%

The firm has a market cap of $7.36 billion, a price-to-earnings ratio of 171.29, a price-to-earnings-growth ratio of 2.44 and a beta of 1.55. The business’s 50 day moving average price is $298.17 and its 200-day moving average price is $261.21. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20.

Enpro (NYSE:NPO) last issued its earnings results 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 business had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities analysts expect that Enpro Inc. will post 9.14 EPS for the current year.

Enpro Announces Dividend

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

Institutional Investors Weigh In On Enpro

A number of institutional investors have recently modified their holdings of NPO. AQR Capital Management LLC grew its position in shares of Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock valued at $532,000 after buying an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Enpro by 4.6% during 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 buying an additional 552 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Enpro during the 1st quarter valued at about $247,000. United Services Automobile Association bought a new stake in shares of Enpro during the 1st quarter valued at about $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Enpro by 17.3% during the 1st 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 valued at $11,148,000 after buying an additional 10,162 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

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.