Enpro Inc. (NPO) to Distribute Quarterly Dividend of $0.32 on December 16th

Enpro Inc. (NYSE:NPO) declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Wednesday, December 2nd will be given a dividend of $0.32 per share by the industrial products company on Wednesday, December 16th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, December 2nd.

Enpro has a payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Enpro to earn $10.89 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 11.8%.

Enpro Trading Up 0.7%

NYSE NPO opened at $284.97 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.43 and a current ratio of 2.28. Enpro has a one year low of $202.00 and a one year high of $390.42. The company has a 50-day simple moving average of $298.93 and a 200-day simple moving average of $295.57. The firm has a market capitalization of $6.03 billion, a PE ratio of 139.01, a price-to-earnings-growth ratio of 1.97 and a beta of 1.58.

Enpro (NYSE:NPO) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.18. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The firm had revenue of $338.80 million for the quarter, compared to analyst estimates of $323.68 million. During the same quarter in the prior year, the business earned $1.25 earnings per share. Enpro’s quarterly revenue was up 17.6% on a year-over-year basis. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, equities analysts forecast that Enpro will post 9.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

NPO has been the topic of several analyst reports. Zacks Research lowered Enpro from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. KeyCorp upped their price target on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Weiss Ratings cut shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. started coverage on shares of Enpro in a research report on Monday, July 20th. They issued an “overweight” rating and a $420.00 price objective on the stock. Three 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $358.33.

About Enpro

Enpro Inc (NYSE:NPO) is an industrial technology company that designs and manufactures engineered products for demanding applications. Its offerings are used in industries including semiconductor manufacturing, aerospace, power generation, chemical processing, oil and gas, and general industrial markets, where reliability, precision, and resistance to heat, pressure, and corrosive environments are important.

Enpro operates through businesses focused on sealing technologies and advanced surface technologies.