33,500 Shares in Enpro Inc. $NPO Purchased by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC purchased a new position in Enpro Inc. (NYSE:NPOFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 33,500 shares of the industrial products company’s stock, valued at approximately $12,627,000. Ceredex Value Advisors LLC owned 0.16% of Enpro at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NPO. M&T Bank Corp purchased a new stake in Enpro in the 4th quarter worth $8,935,000. UBS Group AG lifted its position in shares of Enpro by 54.0% in the fourth quarter. UBS Group AG now owns 67,572 shares of the industrial products company’s stock worth $14,469,000 after buying an additional 23,705 shares in the last quarter. Dana Investment Advisors Inc. boosted its stake in Enpro by 128.0% during the fourth quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock valued at $2,008,000 after buying an additional 5,263 shares during the last quarter. Royce & Associates LP boosted its stake in Enpro by 7.5% during the fourth quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company’s stock valued at $55,369,000 after buying an additional 18,143 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Enpro by 105,350.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company’s stock valued at $4,968,000 after buying an additional 23,177 shares in the last quarter. Institutional investors own 98.31% of the company’s stock.

Enpro Trading Down 2.0%

Shares of NPO opened at $313.06 on Friday. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The company has a market cap of $6.63 billion, a P/E ratio of 152.71, a P/E/G ratio of 2.23 and a beta of 1.54. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36. The company’s fifty day simple moving average is $340.24 and its 200-day simple moving average is $300.76.

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

Enpro Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on NPO shares. Weiss Ratings cut Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. assumed coverage on shares of Enpro in a research note on Monday, July 20th. They set an “overweight” rating and a $420.00 price target on the stock. KeyCorp increased their price objective on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Zacks Research raised shares of Enpro from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Enpro presently has an average rating of “Buy” and an average target price of $358.33.

View Our Latest Research Report on NPO

Enpro Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Enpro (NYSE:NPO)

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