Segall Bryant & Hamill LLC Has $40.44 Million Position in Enpro Inc. $NPO

Segall Bryant & Hamill LLC cut its stake in Enpro Inc. (NYSE:NPO) by 6.4% in the first quarter, HoldingsChannel.com reports. The fund owned 161,327 shares of the industrial products company’s stock after selling 10,962 shares during the period. Segall Bryant & Hamill LLC’s holdings in Enpro were worth $40,437,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. First Citizens Bank & Trust Co. raised its holdings in shares of Enpro by 2.0% during the first quarter. First Citizens Bank & Trust Co. now owns 1,780 shares of the industrial products company’s stock worth $446,000 after acquiring an additional 35 shares during the period. Lido Advisors LLC boosted its stake in Enpro by 2.6% in the 4th quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock worth $402,000 after purchasing an additional 45 shares during the period. Salomon & Ludwin LLC boosted its stake in 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 during the period. Maryland State Retirement & Pension System increased its holdings in Enpro by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock worth $659,000 after purchasing an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings 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 purchasing an additional 51 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NPO has been the topic of a number of research reports. Weiss Ratings upgraded Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. KeyCorp upped their price objective on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. started coverage on Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $358.33.

Enpro Stock Up 0.3%

NPO stock opened at $313.87 on Friday. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 154.62, a P/E/G ratio of 2.28 and a beta of 1.51. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The business has a 50 day moving average price of $335.93 and a two-hundred day moving average price of $290.99. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last announced its quarterly earnings data 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. The company 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%.The business’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Analysts anticipate that Enpro Inc. will post 9.16 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd 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, September 2nd. Enpro’s payout ratio is presently 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.