First National Bank of Omaha bought a new position in shares of Enpro Inc. (NYSE:NPO – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,268 shares of the industrial products company’s stock, valued at approximately $4,624,000. First National Bank of Omaha owned 0.06% of Enpro at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of NPO. Cedar Mountain Advisors LLC purchased a new stake in shares of Enpro in the 1st quarter valued at about $25,000. Salomon & Ludwin LLC grew its holdings in shares of Enpro by 55.4% during the fourth quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 46 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Enpro during the second quarter worth about $30,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Enpro in the fourth quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of 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 during the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
NPO has been the subject of a number of research analyst reports. JPMorgan Chase & Co. started coverage on shares of Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 price objective for the company. Zacks Research raised Enpro from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, KeyCorp upped their price objective on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Enpro currently has an average rating of “Buy” and a consensus target price of $358.33.
Enpro Trading Down 4.8%
NPO opened at $329.82 on Wednesday. Enpro Inc. has a one year low of $202.00 and a one year high of $390.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43. The business has a 50 day simple moving average of $340.77 and a two-hundred day simple moving average of $299.68. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 160.89, a PEG ratio of 2.40 and a beta of 1.54.
Enpro (NYSE:NPO – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.32 by $0.18. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business had revenue of $338.80 million during the quarter, compared to analyst estimates of $323.68 million. During the same period in the prior year, the business earned $1.25 EPS. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Analysts predict that Enpro Inc. will post 9.55 EPS for the current year.
Enpro Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued 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 is Wednesday, September 2nd. Enpro’s payout ratio is presently 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.
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