Enpro Inc. $NPO Shares Acquired by SummitTX Capital L.P.

SummitTX Capital L.P. lifted its position in Enpro Inc. (NYSE:NPO) by 341.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 14,396 shares of the industrial products company’s stock after buying an additional 11,135 shares during the quarter. SummitTX Capital L.P.’s holdings in Enpro were worth $3,608,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Cedar Mountain Advisors LLC acquired a new position in Enpro during the 1st quarter worth about $25,000. Salomon & Ludwin LLC grew 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 purchased a new stake in Enpro during the fourth quarter worth about $32,000. Caitong International Asset Management Co. Ltd purchased a new stake in Enpro during the fourth quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Price Performance

Shares of NPO opened at $328.18 on Tuesday. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of 161.67, a PEG ratio of 2.43 and a beta of 1.51. The firm’s fifty day simple moving average is $335.51 and its 200-day simple moving average is $289.15. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. The firm had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities analysts forecast that Enpro Inc. will post 9.16 EPS for the current fiscal year.

Enpro Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NPO shares. KeyCorp raised their price objective on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. began coverage on shares of Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Enpro has a consensus rating of “Moderate Buy” and a consensus target price of $358.33.

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.