Bamco Inc. NY Has $63.99 Million Holdings in Enpro Inc. $NPO

Bamco Inc. NY increased its position in shares of Enpro Inc. (NYSE:NPO) by 3.3% during the 4th quarter, Holdings Channel reports. The fund owned 298,850 shares of the industrial products company’s stock after buying an additional 9,459 shares during the quarter. Bamco Inc. NY’s holdings in Enpro were worth $63,993,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC grew its holdings in shares of Enpro by 55.4% in 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 during the period. Trust Co. of Vermont acquired a new stake in Enpro during the 4th quarter worth $32,000. Jones Financial Companies Lllp raised its stake in Enpro by 236.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock worth $33,000 after buying an additional 104 shares during the period. EverSource Wealth Advisors LLC raised its stake in 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 during the period. Finally, Strategic Advocates LLC acquired a new stake in Enpro during the 3rd quarter worth $45,000. Institutional investors own 98.31% of the company’s stock.

Enpro Stock Performance

Shares of NPO stock opened at $364.34 on Thursday. The stock has a market cap of $7.70 billion, a P/E ratio of 179.48, a P/E/G ratio of 2.61 and a beta of 1.55. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40. The company has a fifty day moving average price of $304.53 and a two-hundred day moving average price of $264.04. Enpro Inc. has a one year low of $179.64 and a one year high of $367.61.

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

Enpro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were issued a $0.32 dividend. The ex-dividend date of this dividend was 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 63.05%.

Analysts Set New Price Targets

Several brokerages recently commented on NPO. KeyCorp raised their price objective on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. 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, Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.00.

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.