Wasatch Advisors LP Sells 194,412 Shares of Enpro Inc. $NPO

Wasatch Advisors LP decreased its position in shares of Enpro Inc. (NYSE:NPO) by 17.6% during the first quarter, HoldingsChannel reports. The firm owned 909,882 shares of the industrial products company’s stock after selling 194,412 shares during the period. Enpro makes up approximately 1.5% of Wasatch Advisors LP’s holdings, making the stock its 18th biggest holding. Wasatch Advisors LP’s holdings in Enpro were worth $228,062,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted 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 worth $29,000 after purchasing an additional 46 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of Enpro during the 4th quarter valued at about $32,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Enpro during the 4th quarter valued at about $33,000. EverSource Wealth Advisors LLC lifted its position in Enpro by 36.2% in 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 last quarter. Finally, Strategic Advocates LLC bought a new stake in Enpro in the 3rd quarter worth approximately $45,000. Institutional investors own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

NPO has been the subject of several research reports. KeyCorp upped 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 lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Enpro has an average rating of “Moderate Buy” and an average price target of $315.00.

Enpro Trading Down 0.7%

NYSE:NPO opened at $377.55 on Friday. The company has a fifty day moving average of $319.13 and a 200 day moving average of $271.32. Enpro Inc. has a 52 week low of $189.03 and a 52 week high of $390.42. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $7.98 billion, a P/E ratio of 185.98, a P/E/G ratio of 2.77 and a beta of 1.55.

Enpro (NYSE:NPO) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The business had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. During the same quarter last year, the firm earned $1.90 EPS. The company’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. On average, research analysts predict that Enpro Inc. will post 9.14 earnings per share for the current year.

Enpro Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a $0.32 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. Enpro’s dividend payout ratio (DPR) is presently 63.05%.

Enpro 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.