Enpro Inc. (NYSE:NPO) Receives $245.00 Consensus PT from Brokerages

Enpro Inc. (NYSE:NPO) has earned an average recommendation of “Moderate Buy” from the five analysts that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $245.00.

A number of analysts have recently weighed in on NPO shares. KeyCorp boosted their target price on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Finally, Zacks Research cut Enpro from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th.

Enpro Stock Up 0.5%

NYSE NPO opened at $240.21 on Friday. The stock has a 50 day moving average price of $222.15 and a 200-day moving average price of $220.49. Enpro has a one year low of $133.50 and a one year high of $248.88. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.69 and a current ratio of 2.44. The company has a market capitalization of $5.06 billion, a P/E ratio of 59.02, a P/E/G ratio of 1.82 and a beta of 1.59.

Enpro (NYSE:NPO) last announced its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.06. Enpro had a net margin of 7.81% and a return on equity of 10.77%. The company had revenue of $286.60 million for the quarter, compared to analysts’ expectations of $276.57 million. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. As a group, equities analysts predict that Enpro will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were given a $0.31 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Enpro’s dividend payout ratio (DPR) is currently 30.47%.

Institutional Investors Weigh In On Enpro

Hedge funds and other institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. boosted its stake in shares of Enpro by 1,651.9% during the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock worth $78,497,000 after purchasing an additional 386,406 shares during the period. Wasatch Advisors LP boosted its position in shares of Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock valued at $204,152,000 after buying an additional 270,909 shares during the period. Invesco Ltd. grew its stake in shares of Enpro by 26.5% during the third quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock valued at $186,527,000 after buying an additional 172,991 shares during the last quarter. Tributary Capital Management LLC raised its holdings in shares of Enpro by 90.2% in the third quarter. Tributary Capital Management LLC now owns 319,740 shares of the industrial products company’s stock worth $72,261,000 after buying an additional 151,661 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of Enpro by 19,055.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 65,702 shares of the industrial products company’s stock worth $12,585,000 after acquiring an additional 65,359 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

About Enpro

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.