Corient Private Wealth LP Takes Position in Enpro Inc. $NPO

Corient Private Wealth LP acquired a new stake in shares of Enpro Inc. (NYSE:NPO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,380 shares of the industrial products company’s stock, valued at approximately $2,782,000.

A number of other large investors also recently bought and sold shares of NPO. Cedar Mountain Advisors LLC purchased a new stake in Enpro during the first quarter worth $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Enpro in the 2nd quarter valued at $27,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Enpro in the 2nd quarter valued at $30,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Enpro in the 4th quarter worth $33,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 51 shares in the last quarter. Institutional investors own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

NPO has been the subject of a number of analyst reports. JPMorgan Chase & Co. began coverage on Enpro in a research note on Monday, July 20th. They set an “overweight” rating and a $420.00 price objective for the company. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday. KeyCorp increased their price target 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. Zacks Research upgraded shares of Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $358.33.

Enpro Price Performance

NYSE NPO opened at $288.07 on Wednesday. The company has a market cap of $6.10 billion, a price-to-earnings ratio of 140.52, a PEG ratio of 2.07 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43. The stock’s fifty day moving average price is $330.13 and its 200 day moving average price is $303.12. Enpro Inc. has a 1 year low of $202.00 and a 1 year high of $390.42.

Enpro (NYSE:NPO) last issued 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. The company had revenue of $338.80 million during 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%.The firm’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, equities research analysts forecast that Enpro Inc. will post 9.55 earnings per share for the current year.

Enpro Announces Dividend

The company 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. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, September 2nd. Enpro’s dividend payout ratio (DPR) is presently 62.44%.

Enpro 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.