Enpro Inc. $NPO Position Lifted by ProShare Advisors LLC

ProShare Advisors LLC boosted its stake in Enpro Inc. (NYSE:NPO) by 40.9% during the third quarter, HoldingsChannel reports. The firm owned 32,372 shares of the industrial products company’s stock after buying an additional 9,404 shares during the period. ProShare Advisors LLC’s holdings in Enpro were worth $9,914,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in Enpro during the second quarter valued at approximately $1,268,036,000. Bamco Inc. NY bought a new position in shares of Enpro in the 2nd quarter worth $150,577,000. Jupiter Topco LLC bought a new position in shares of Enpro in the 2nd quarter worth $65,672,000. Bank of New York Mellon Corp bought a new position in shares of Enpro in the 2nd quarter worth $54,496,000. Finally, Janus Henderson Group PLC raised its position in shares of Enpro by 13.0% during the 1st quarter. Janus Henderson Group PLC now owns 175,090 shares of the industrial products company’s stock valued at $43,883,000 after buying an additional 20,187 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on NPO shares. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research report on Sunday, September 6th. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. KeyCorp increased their target price on Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. JPMorgan Chase & Co. began coverage on Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price on the stock. Finally, Zacks Research downgraded Enpro from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $358.33.

Key Enpro News

Here are the key news stories impacting Enpro this week:

• Positive Sentiment: Enpro earned $2.66 per share, topping the $2.42 analyst consensus. Revenue of $350.8 million also exceeded expectations of $334 million and rose 22.4% year over year. Enpro Q3 results and guidance
• Positive Sentiment: The company raised its 2026 adjusted EPS outlook, signaling improved expectations for the full year and adding to the positive read-through from the quarterly beat. Enpro raises 2026 adjusted earnings outlook

Enpro Stock Performance

NYSE:NPO opened at $284.02 on Wednesday. The business has a 50 day moving average of $296.80 and a 200 day moving average of $296.19. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of 138.55, a PEG ratio of 1.87 and a beta of 1.64. Enpro Inc. has a 1-year low of $202.00 and a 1-year high of $390.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, November 3rd. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.24. Enpro had a return on equity of 11.83% and a net margin of 3.60%. The business had revenue of $350.80 million during the quarter, compared to analyst estimates of $334.04 million. During the same quarter in the prior year, the firm earned $1.01 earnings per share. Enpro’s revenue for the quarter was up 22.4% on a year-over-year basis. On average, sell-side analysts predict that Enpro Inc. will post 9.59 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Wednesday, December 2nd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, December 2nd. Enpro’s payout ratio is presently 62.44%.

Enpro Company Profile

Enpro Inc (NYSE:NPO) is an industrial technology company that designs and manufactures engineered products for demanding applications. Its offerings are used in industries including semiconductor manufacturing, aerospace, power generation, chemical processing, oil and gas, and general industrial markets, where reliability, precision, and resistance to heat, pressure, and corrosive environments are important.

Enpro operates through businesses focused on sealing technologies and advanced surface technologies.