Insider Selling: Enpro (NYSE:NPO) EVP Sells $555,000.00 in Stock

Enpro Inc. (NYSE:NPO) EVP Robert Savage Mclean sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $277.50, for a total transaction of $555,000.00. Following the sale, the executive vice president owned 29,909 shares in the company, valued at $8,299,747.50. The trade was a 6.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Enpro Stock Down 3.7%

Enpro stock opened at $256.86 on Friday. The firm has a 50 day simple moving average of $243.57 and a 200 day simple moving average of $229.44. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $286.35. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 135.91, a P/E/G ratio of 2.02 and a beta of 1.58.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.08. The firm had revenue of $295.40 million during the quarter, compared to analyst estimates of $280.50 million. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The business’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the company earned $1.57 earnings per share. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. On average, analysts predict that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a $0.32 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.28 annualized dividend and a yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s dividend payout ratio is 65.61%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NPO. Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a report on Monday, December 29th. Oppenheimer upped their target price on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, KeyCorp upped their price target on shares of Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, two have assigned 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 price target of $297.50.

Institutional Investors Weigh In On Enpro

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Westfuller Advisors LLC purchased a new position in Enpro in the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC raised its position in shares of Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after buying an additional 46 shares in the last quarter. Huntington National Bank raised its position in shares of Enpro by 106.3% during the 2nd quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after buying an additional 85 shares in the last quarter. Trust Co. of Vermont bought a new stake in shares of Enpro during the 4th quarter worth $32,000. Finally, Private Trust Co. NA grew its position in Enpro by 98.6% in the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 73 shares in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

About Enpro

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.