Enpro Inc. (NYSE:NPO) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Enpro Inc. (NYSE:NPO) have earned an average rating of “Buy” from the five research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $358.3333.

NPO has been the topic of a number of recent research reports. Zacks Research raised shares of Enpro from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. KeyCorp boosted their target price 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. JPMorgan Chase & Co. assumed coverage on shares of Enpro in a report on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price on the stock. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Cedar Mountain Advisors LLC bought a new stake in Enpro during the first quarter worth $25,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Enpro during the 2nd quarter valued at $27,000. Salomon & Ludwin LLC lifted its stake in Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 46 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Enpro during the 2nd quarter worth $30,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Enpro during the 4th quarter worth $33,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Trading Down 1.1%

NYSE NPO opened at $337.60 on Friday. The company has a quick ratio of 1.43, a current ratio of 2.28 and a debt-to-equity ratio of 0.36. Enpro has a 52 week low of $202.00 and a 52 week high of $390.42. The business has a 50 day moving average price of $339.72 and a 200-day moving average price of $297.51. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 164.68, a P/E/G ratio of 2.38 and a beta of 1.54.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. The company had revenue of $338.80 million for the quarter, compared to analysts’ expectations of $323.68 million. Enpro had a return on equity of 11.83% and a net margin of 3.60%.Enpro’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the business earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, equities analysts expect that Enpro will post 9.55 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Enpro’s dividend payout ratio is 62.44%.

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.