Intech Investment Management LLC Cuts Stock Holdings in Enpro Inc. $NPO

Intech Investment Management LLC lowered its stake in shares of Enpro Inc. (NYSE:NPO) by 11.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,193 shares of the industrial products company’s stock after selling 1,649 shares during the period. Intech Investment Management LLC owned approximately 0.06% of Enpro worth $2,611,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Geode Capital Management LLC raised its stake in Enpro by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 526,889 shares of the industrial products company’s stock worth $112,840,000 after purchasing an additional 16,772 shares during the period. Royce & Associates LP increased its position in shares of Enpro by 7.5% in the fourth quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company’s stock worth $55,369,000 after acquiring an additional 18,143 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Enpro by 1,051.0% in the fourth quarter. Global Retirement Partners LLC now owns 564 shares of the industrial products company’s stock worth $121,000 after acquiring an additional 515 shares in the last quarter. Dana Investment Advisors Inc. increased its position in shares of Enpro by 128.0% in the fourth quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock worth $2,008,000 after acquiring an additional 5,263 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Enpro by 105,350.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company’s stock worth $4,968,000 after acquiring an additional 23,177 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Price Performance

NPO opened at $316.16 on Wednesday. The company has a fifty day simple moving average of $285.08 and a 200 day simple moving average of $254.09. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of 155.74, a PEG ratio of 2.23 and a beta of 1.55. Enpro Inc. has a twelve month low of $179.64 and a twelve month high of $326.98. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. The business had revenue of $303.00 million during the quarter, compared to analyst estimates of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The business’s revenue was up 10.9% on a year-over-year basis. During the same period last year, the business earned $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities research analysts expect that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Announces Dividend

The company 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 dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is presently 63.05%.

Analysts Set New Price Targets

Several research firms have recently issued reports on NPO. Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. KeyCorp increased their price objective on shares of Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Oppenheimer increased their price objective on shares of Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. Finally, Wall Street Zen lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Enpro currently has a consensus rating of “Moderate Buy” and an average price target of $315.00.

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.