Congruence Capital LLC Acquires Shares of 52,175 Enpro Inc. $NPO

Congruence Capital LLC acquired a new stake in shares of Enpro Inc. (NYSE:NPO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 52,175 shares of the industrial products company’s stock, valued at approximately $11,172,000. Enpro comprises 4.1% of Congruence Capital LLC’s portfolio, making the stock its 11th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Lido Advisors LLC raised its stake in Enpro by 2.6% during the 4th quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock valued at $402,000 after acquiring an additional 45 shares during the last quarter. Salomon & Ludwin LLC raised its stake 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 buying an additional 46 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock worth $37,000 after buying an additional 51 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Enpro by 7.3% during the 4th quarter. Farther Finance Advisors LLC now owns 804 shares of the industrial products company’s stock worth $172,000 after buying an additional 55 shares in the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of Enpro by 25.4% during the 3rd quarter. Bessemer Group Inc. now owns 291 shares of the industrial products company’s stock worth $66,000 after buying an additional 59 shares in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NPO has been the subject of a number of analyst reports. Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. KeyCorp increased their target price on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Weiss Ratings raised Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Oppenheimer increased their target price on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $315.00.

Enpro Price Performance

Shares of NYSE:NPO opened at $334.56 on Friday. The business’s fifty day moving average price is $298.17 and its two-hundred day moving average price is $260.91. The stock has a market cap of $7.07 billion, a PE ratio of 164.81, a price-to-earnings-growth ratio of 2.44 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. Enpro Inc. has a one year low of $179.64 and a one year high of $341.95.

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

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders 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 is Wednesday, June 3rd. Enpro’s dividend payout ratio is 63.05%.

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.