Leeward Investments LLC MA trimmed its stake in shares of Enpro Inc. (NYSE:NPO – Free Report) by 3.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 107,376 shares of the industrial products company’s stock after selling 3,552 shares during the quarter. Enpro comprises 1.3% of Leeward Investments LLC MA’s investment portfolio, making the stock its 9th biggest holding. Leeward Investments LLC MA owned 0.51% of Enpro worth $26,914,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. lifted its holdings in shares of Enpro by 1,651.9% during the second 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 increased its stake in Enpro by 34.1% in the 2nd 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. raised its position in Enpro by 26.5% during the 3rd quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock worth $186,527,000 after buying an additional 172,991 shares during the last quarter. Bessemer Group Inc. raised its position in Enpro by 36,070.1% during the 4th quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock worth $22,540,000 after buying an additional 104,964 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Enpro by 32.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 350,948 shares of the industrial products company’s stock worth $75,149,000 after acquiring an additional 85,667 shares during the period. 98.31% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
NPO has been the topic of several analyst reports. Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. KeyCorp increased their price target on shares of Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $315.00.
Enpro Trading Down 4.5%
NYSE:NPO opened at $370.22 on Wednesday. The stock has a fifty day moving average price of $313.20 and a two-hundred day moving average price of $268.50. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 182.38, a PEG ratio of 2.83 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. Enpro Inc. has a 1 year low of $186.38 and a 1 year high of $390.42.
Enpro (NYSE:NPO – Get Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, topping the consensus estimate of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. During the same period in the previous year, the firm earned $1.90 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, sell-side analysts anticipate that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.
Enpro Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. Enpro’s payout ratio is currently 63.05%.
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.
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