Insider Selling: Enpro (NYSE:NPO) CAO Sells $134,431.05 in Stock

Enpro Inc. (NYSE:NPO) CAO Steven Bower sold 507 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $265.15, for a total value of $134,431.05. Following the transaction, the chief accounting officer directly owned 4,695 shares of the company’s stock, valued at approximately $1,244,879.25. The trade was a 9.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Enpro Price Performance

Enpro stock opened at $262.79 on Thursday. The stock has a market capitalization of $5.58 billion, a P/E ratio of 139.04, a P/E/G ratio of 1.94 and a beta of 1.56. The company’s fifty day moving average price is $246.93 and its 200 day moving average price is $230.46. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.50 and a current ratio of 2.32. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $286.35.

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

Enpro Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. This is a positive change from Enpro’s previous quarterly dividend of $0.31. Enpro’s payout ratio is presently 65.61%.

Hedge Funds Weigh In On Enpro

A number of institutional investors have recently added to or reduced their stakes in NPO. Westfuller Advisors LLC purchased a new stake in Enpro in the 3rd quarter valued at $25,000. Salomon & Ludwin LLC raised its holdings 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 worth $29,000 after acquiring an additional 46 shares during the period. Huntington National Bank grew its holdings in shares of Enpro by 106.3% in the second quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 85 shares during the period. Trust Co. of Vermont purchased a new stake in shares of Enpro in the fourth quarter valued at about $32,000. Finally, Private Trust Co. NA increased its position in Enpro by 98.6% during the third quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 73 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on NPO. Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. KeyCorp raised their price objective on Enpro from $260.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer lifted their target price on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. One investment 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’s stock. According to MarketBeat, Enpro currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.50.

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.