Enpro (NYSE:NPO) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Enpro Inc. (NYSE:NPO) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $283.61 and traded as high as $334.55. Enpro shares last traded at $323.9930, with a volume of 228,780 shares.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NPO. Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. KeyCorp upped their price objective on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Enpro has an average rating of “Moderate Buy” and a consensus price target of $327.50.

Enpro Stock Down 0.2%

The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. The stock has a 50 day simple moving average of $333.26 and a 200 day simple moving average of $283.88. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 158.96, a PEG ratio of 2.36 and a beta of 1.51.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a return on equity of 11.33% and a net margin of 3.70%.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 prior year, the firm earned $1.90 earnings per share. Enpro’s revenue for the quarter 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, analysts expect that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were issued a dividend of $0.32 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $1.28 annualized dividend and a yield of 0.4%. Enpro’s dividend payout ratio is presently 63.05%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NPO. Cedar Mountain Advisors LLC bought a new stake in shares of Enpro during the first quarter worth about $25,000. Salomon & Ludwin LLC lifted its position in Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 46 shares in the last quarter. Trust Co. of Vermont bought a new position in Enpro in the 4th quarter valued at about $32,000. Caitong International Asset Management Co. Ltd acquired a new position in Enpro during the 4th quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares during the last quarter. 98.31% of the stock is owned by institutional investors.

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.