Enpro (NYSE:NPO) Posts Earnings Results, Beats Expectations By $0.06 EPS

Enpro (NYSE:NPO) posted its earnings results on Tuesday. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.06, Zacks reports. The company had revenue of $286.60 million during the quarter, compared to the consensus estimate of $276.57 million. Enpro had a net margin of 7.83% and a return on equity of 10.49%. Enpro updated its FY 2025 guidance to 7.750-8.050 EPS.

Enpro Stock Performance

NPO traded down $1.72 on Tuesday, reaching $232.16. The stock had a trading volume of 106,392 shares, compared to its average volume of 140,642. Enpro has a 12-month low of $133.50 and a 12-month high of $248.88. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31. The business’s 50-day moving average price is $224.60 and its two-hundred day moving average price is $203.48. The company has a market cap of $4.89 billion, a P/E ratio of 58.04, a price-to-earnings-growth ratio of 2.27 and a beta of 1.57.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be issued a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Enpro’s payout ratio is presently 31.00%.

Insiders Place Their Bets

In other Enpro news, EVP Robert Savage Mclean sold 2,541 shares of Enpro stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $223.77, for a total value of $568,599.57. Following the completion of the transaction, the executive vice president owned 29,116 shares of the company’s stock, valued at approximately $6,515,287.32. The trade was a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.60% of the company’s stock.

Institutional Trading of Enpro

Institutional investors and hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in shares of Enpro by 36.2% during 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. Canada Pension Plan Investment Board increased its stake in shares of Enpro by 57.1% during the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the industrial products company’s stock worth $211,000 after purchasing an additional 400 shares in the last quarter. Evergreen Capital Management LLC purchased a new stake in shares of Enpro during the second quarter worth about $243,000. Cetera Investment Advisers purchased a new stake in shares of Enpro during the second quarter worth about $256,000. Finally, United Services Automobile Association purchased a new stake in shares of Enpro during the first quarter worth about $220,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on NPO shares. Zacks Research downgraded shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. KeyCorp boosted their target price on shares of Enpro from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Oppenheimer boosted their target price on shares of Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Enpro in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Enpro has a consensus rating of “Moderate Buy” and a consensus target price of $245.00.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.