Hsbc Holdings PLC Decreases Stock Holdings in Enpro Inc. $NPO

Hsbc Holdings PLC lowered its position in shares of Enpro Inc. (NYSE:NPO) by 59.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,240 shares of the industrial products company’s stock after selling 3,226 shares during the period. Hsbc Holdings PLC’s holdings in Enpro were worth $482,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC raised its stake in Enpro by 55.4% in the fourth 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 in the last quarter. Trust Co. of Vermont purchased a new stake in Enpro during the 4th quarter worth about $32,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Enpro during the 4th quarter worth about $33,000. EverSource Wealth Advisors LLC boosted its position 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 acquiring an additional 51 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new position in shares of Enpro during the 3rd quarter worth about $45,000. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Price Performance

Shares of NYSE NPO opened at $323.99 on Friday. 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 Inc. has a twelve month low of $199.73 and a twelve month high of $390.42. The stock has a 50 day moving average of $332.99 and a two-hundred day moving average of $283.61. The stock has a market cap of $6.85 billion, a P/E ratio of 159.60, a P/E/G ratio of 2.40 and a beta of 1.51.

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

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd were paid a dividend of $0.32 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s dividend payout ratio is currently 63.05%.

Analysts Set New Price Targets

NPO has been the topic of several research analyst reports. KeyCorp raised their target price on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Enpro presently has an average rating of “Moderate Buy” and a consensus target price of $327.50.

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.