Enpro (NYSE:NPO) Reaches New 1-Year High After Strong Earnings

Enpro Inc. (NYSE:NPO)’s stock price reached a new 52-week high during trading on Tuesday after the company announced better than expected quarterly earnings. The company traded as high as $304.59 and last traded at $302.6070, with a volume of 201532 shares traded. The stock had previously closed at $289.51.

The industrial products company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The company had revenue of $303.00 million for the quarter, compared to analysts’ expectations of $303.90 million. During the same period in the previous year, the firm earned $1.90 EPS. The firm’s revenue was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS.

Enpro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s payout ratio is currently 67.72%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. KeyCorp upped their price objective on Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer upped their price objective on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $297.50.

Insider Transactions at Enpro

In other news, CAO Steven R. 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 transaction of $134,431.05. Following the sale, the chief accounting officer directly owned 4,695 shares of the company’s stock, valued at $1,244,879.25. This represents a 9.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Felix M. Brueck sold 5,853 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $275.84, for a total value of $1,614,491.52. Following the transaction, the director directly owned 1,567 shares in the company, valued at approximately $432,241.28. This represents a 78.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,660 shares of company stock valued at $2,653,220 over the last 90 days. Insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Enpro

Large investors have recently modified their holdings of the stock. Westfuller Advisors LLC bought a new position in shares of Enpro during the 3rd quarter valued at approximately $25,000. Cedar Mountain Advisors LLC bought a new position in shares of Enpro during the 1st quarter valued at approximately $25,000. Salomon & Ludwin LLC increased 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 purchasing an additional 46 shares during the last quarter. Trust Co. of Vermont bought a new position in shares of Enpro during the 4th quarter valued at approximately $32,000. Finally, Jones Financial Companies Lllp increased its position in shares of Enpro by 236.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 104 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

Enpro Trading Up 4.4%

The stock has a market cap of $6.38 billion, a P/E ratio of 159.97, a P/E/G ratio of 2.15 and a beta of 1.56. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $264.20 and a two-hundred day moving average price of $242.36.

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.