Connor Clark & Lunn Investment Management Ltd. Purchases New Holdings in Enpro Inc. $NPO

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Enpro Inc. (NYSE:NPO) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,248 shares of the industrial products company’s stock, valued at approximately $5,370,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.07% of Enpro as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in NPO. First Citizens Bank & Trust Co. increased its holdings in shares of Enpro by 2.0% in the first quarter. First Citizens Bank & Trust Co. now owns 1,780 shares of the industrial products company’s stock valued at $446,000 after purchasing an additional 35 shares during the period. Lido Advisors LLC lifted its holdings in shares of Enpro by 2.6% during the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock worth $402,000 after purchasing an additional 45 shares during the period. Maryland State Retirement & Pension System grew its position in Enpro by 1.6% in the 4th quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock valued at $659,000 after buying an additional 49 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after buying an additional 51 shares during the period. Finally, Corient Private Wealth LLC increased its stake in Enpro by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock valued at $347,000 after buying an additional 54 shares during the period. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Stock Performance

NYSE:NPO opened at $309.06 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 Inc. has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. The stock has a market cap of $6.54 billion, a PE ratio of 150.76, a price-to-earnings-growth ratio of 2.16 and a beta of 1.54. The firm’s fifty day simple moving average is $335.24 and its 200-day simple moving average is $302.68.

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

Enpro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be issued a $0.32 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s dividend payout ratio is currently 62.44%.

Analyst Ratings Changes

Several analysts have recently commented on NPO shares. KeyCorp raised their target price on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. began coverage on shares of Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 price target for the company. 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 upgraded Enpro from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $358.33.

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.