Kennedy Capital Management LLC Raises Holdings in Enpro Inc. $NPO

Kennedy Capital Management LLC lifted its stake in Enpro Inc. (NYSE:NPO) by 19.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 69,293 shares of the industrial products company’s stock after acquiring an additional 11,473 shares during the quarter. Kennedy Capital Management LLC’s holdings in Enpro were worth $14,838,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Congruence Capital LLC purchased a new stake in shares of Enpro in the fourth quarter worth about $11,172,000. Agman Capital LLC purchased a new stake in shares of Enpro in the fourth quarter worth about $5,849,000. Kestra Advisory Services LLC purchased a new position in Enpro during the fourth quarter worth approximately $199,000. Stifel Financial Corp boosted its position in Enpro by 4.4% during the fourth quarter. Stifel Financial Corp now owns 12,266 shares of the industrial products company’s stock worth $2,627,000 after purchasing an additional 521 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Enpro by 12.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 724 shares of the industrial products company’s stock worth $159,000 after purchasing an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analysts Set New Price Targets

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

Enpro Stock Performance

Shares of NPO stock opened at $334.56 on Monday. The company has a market capitalization of $7.07 billion, a P/E ratio of 164.81, a P/E/G ratio of 2.44 and a beta of 1.55. The business’s 50 day moving average is $298.17 and its two-hundred day moving average is $261.21. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39. Enpro Inc. has a 12-month low of $179.64 and a 12-month high of $341.95.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. The company had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.90 million. Enpro had a return on equity of 11.33% and a net margin of 3.70%.Enpro’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 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Analysts expect that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Announces Dividend

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

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.