Argent Capital Management LLC Purchases 3,429 Shares of Enpro Inc. $NPO

Argent Capital Management LLC lifted its position in Enpro Inc. (NYSE:NPO) by 54.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,685 shares of the industrial products company’s stock after purchasing an additional 3,429 shares during the period. Argent Capital Management LLC’s holdings in Enpro were worth $2,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in shares of Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock valued at $532,000 after buying an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Enpro by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock worth $2,023,000 after buying an additional 552 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in Enpro in the 1st quarter worth $247,000. United Services Automobile Association purchased a new stake in Enpro in the 1st quarter worth $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Enpro by 17.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock valued at $11,148,000 after acquiring an additional 10,162 shares during the period. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Stock Performance

NPO opened at $313.87 on Friday. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of 154.62, a PEG ratio of 2.28 and a beta of 1.51. The company has a fifty day moving average of $335.93 and a 200 day moving average of $290.99. Enpro Inc. has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. 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 (NYSE:NPO) last announced its quarterly 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 business had revenue of $303.00 million for the quarter, compared to analysts’ expectations of $303.90 million. During the same quarter in the previous year, the company earned $1.90 EPS. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, sell-side analysts forecast that Enpro Inc. will post 9.16 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, September 2nd. Enpro’s payout ratio is currently 63.05%.

Analyst Ratings Changes

NPO has been the topic of several research analyst reports. Weiss Ratings upgraded Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. JPMorgan Chase & Co. began coverage on Enpro in a research report on Monday, July 20th. They set an “overweight” rating and a $420.00 target price for the company. Finally, KeyCorp lifted their target price on Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $358.33.

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.