Phillips Financial Management LLC Buys Shares of 3,287 Enpro Inc. $NPO

Phillips Financial Management LLC purchased a new position in shares of Enpro Inc. (NYSE:NPO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,287 shares of the industrial products company’s stock, valued at approximately $1,239,000.

Several other hedge funds and other institutional investors have also modified their holdings of NPO. Cedar Mountain Advisors LLC acquired a new stake in shares of Enpro in the first quarter valued at $25,000. Salomon & Ludwin LLC lifted its stake in Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 46 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Enpro during the 4th quarter worth about $33,000. EverSource Wealth Advisors LLC boosted its holdings 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 acquiring an additional 51 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new position in Enpro during the 3rd quarter valued at about $62,000. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NPO. Zacks Research raised Enpro from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday. JPMorgan Chase & Co. assumed coverage on shares of Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 price objective for the company. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, KeyCorp upped their target price on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Enpro currently has an average rating of “Buy” and a consensus price target of $358.33.

Enpro Price Performance

Shares of NPO opened at $342.88 on Friday. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The firm’s fifty day simple moving average is $340.33 and its 200-day simple moving average is $297.83. The firm has a market capitalization of $7.26 billion, a price-to-earnings ratio of 167.26, a PEG ratio of 2.35 and a beta of 1.54. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36.

Enpro (NYSE:NPO) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.18. The business had revenue of $338.80 million during the quarter, compared to analysts’ expectations of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Equities analysts forecast that Enpro Inc. will post 9.55 EPS for the current fiscal year.

Enpro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 2nd. Enpro’s payout ratio is 62.44%.

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.