3,680 Shares in Enpro Inc. $NPO Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Enpro Inc. (NYSE:NPO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,680 shares of the industrial products company’s stock, valued at approximately $1,387,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. AQR Capital Management LLC increased 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 worth $532,000 after purchasing an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Enpro by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock worth $2,023,000 after acquiring an additional 552 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Enpro in the first quarter valued at $247,000. United Services Automobile Association purchased a new stake in shares of Enpro in the first quarter valued at $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of 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 last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on NPO. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a research report on Sunday, September 6th. Weiss Ratings downgraded shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. began coverage on shares of Enpro in a research report on Monday, July 20th. They set an “overweight” rating and a $420.00 target price on the stock. Zacks Research raised Enpro from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, KeyCorp raised 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 equities research 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. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $358.33.

Enpro Trading Up 2.5%

NYSE NPO opened at $301.14 on Friday. The company has a market cap of $6.37 billion, a P/E ratio of 146.90, a P/E/G ratio of 2.10 and a beta of 1.55. Enpro Inc. has a 12 month low of $202.00 and a 12 month 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 company has a 50-day moving average of $319.47 and a 200-day moving average of $304.26.

Enpro (NYSE:NPO) last released its earnings results 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 for 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 quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the company earned $1.25 earnings per share. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, equities analysts predict that Enpro Inc. will post 9.55 earnings per share for the current year.

Enpro Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, September 2nd. Enpro’s dividend payout ratio is presently 62.44%.

Enpro Profile

Enpro Inc is an industrial technology company that develops and supplies products and services for critical applications where reliability, safety, and performance are essential. Its offerings serve customers in markets such as semiconductor manufacturing, industrial processing, power generation, aerospace, chemical and petrochemical processing, and other demanding operating environments.

Through its Sealing Technologies businesses, Enpro provides engineered sealing systems, gaskets, packing, diaphragms, fluid-handling components, and related maintenance and field services.