Entropy Technologies LP Makes New Investment in Enpro Inc. $NPO

Entropy Technologies LP purchased a new stake in Enpro Inc. (NYSE:NPO) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,593 shares of the industrial products company’s stock, valued at approximately $650,000.

Other hedge funds also recently made changes to their positions in the company. Cedar Mountain Advisors LLC acquired a new position in shares of Enpro in the 1st quarter valued at $25,000. Salomon & Ludwin LLC boosted its position in shares of Enpro by 55.4% during 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 stake in Enpro in the fourth quarter valued at about $32,000. Caitong International Asset Management Co. Ltd bought a new stake in Enpro in the fourth quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC raised its position in Enpro by 36.2% in 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.

Wall Street Analyst Weigh In

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

Enpro Stock Down 5.5%

Shares of NYSE:NPO opened at $296.48 on Thursday. The company’s fifty day moving average is $335.63 and its 200-day moving average is $290.27. 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 52 week low of $202.00 and a 52 week high of $390.42. The company has a market capitalization of $6.26 billion, a PE ratio of 146.05, a P/E/G ratio of 2.28 and a beta of 1.51.

Enpro (NYSE:NPO) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The business had revenue of $303.00 million during the quarter, compared to analysts’ expectations of $303.90 million. During the same quarter last year, the company posted $1.90 EPS. The firm’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. Equities research analysts predict that Enpro Inc. will post 9.16 earnings per share for the current fiscal year.

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.