Insider Selling: Enpro (NYSE:NPO) Director Sells 5,853 Shares of Stock

Enpro Inc. (NYSE:NPO) Director Felix Brueck sold 5,853 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $275.84, for a total transaction of $1,614,491.52. Following the completion of the transaction, the director directly owned 1,567 shares of the company’s stock, valued at approximately $432,241.28. The trade was a 78.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Enpro Trading Down 2.9%

NYSE NPO traded down $7.98 during trading hours on Wednesday, hitting $270.03. 121,838 shares of the company were exchanged, compared to its average volume of 202,701. The stock has a market cap of $5.74 billion, a PE ratio of 142.87, a price-to-earnings-growth ratio of 2.08 and a beta of 1.58. Enpro Inc. has a 52 week low of $133.50 and a 52 week high of $286.35. The stock has a 50-day moving average price of $241.29 and a 200 day moving average price of $228.98. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.42.

Enpro (NYSE:NPO) last released its earnings results on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.08. The firm had revenue of $295.40 million for the quarter, compared to the consensus estimate of $280.50 million. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 EPS. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.32 per share. This is a positive change from Enpro’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Enpro’s payout ratio is currently 65.61%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NPO. Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Saturday. KeyCorp raised their price objective on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Oppenheimer increased their price objective on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Enpro has a consensus rating of “Moderate Buy” and a consensus target price of $297.50.

Institutional Investors Weigh In On Enpro

Large investors have recently made changes to their positions in the stock. MidFirst Bank acquired a new position in Enpro during the fourth quarter worth $469,000. Virtu Financial LLC acquired a new stake in shares of Enpro during the 4th quarter worth about $228,000. Invesco Ltd. lifted its position in Enpro by 7.4% in the fourth quarter. Invesco Ltd. now owns 886,043 shares of the industrial products company’s stock valued at $189,728,000 after buying an additional 60,704 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of 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 acquiring an additional 54 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Enpro in the 4th quarter worth approximately $212,000. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

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.