Enpro (NYSE:NPO) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of Enpro Inc. (NYSE:NPOGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $233.07 and traded as high as $260.12. Enpro shares last traded at $253.2650, with a volume of 316,001 shares traded.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Oppenheimer raised their price objective on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. KeyCorp lifted their price objective on shares of Enpro from $260.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $297.50.

View Our Latest Stock Report on Enpro

Enpro Stock Performance

The firm has a 50 day moving average of $254.92 and a two-hundred day moving average of $233.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.32 and a quick ratio of 1.50. The stock has a market cap of $5.42 billion, a PE ratio of 135.86, a PEG ratio of 1.94 and a beta of 1.56.

Enpro (NYSE:NPOGet Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.91 by $0.08. The company had revenue of $295.40 million for the quarter, compared to analyst estimates of $280.50 million. Enpro had a net margin of 3.54% and a return on equity of 11.16%. The firm’s revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.57 earnings per share. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. Research analysts predict that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were paid a dividend of $0.32 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.28 annualized dividend and a yield of 0.5%. This is an increase from Enpro’s previous quarterly dividend of $0.31. Enpro’s dividend payout ratio (DPR) is 67.72%.

Insider Activity at Enpro

In other Enpro news, Director John Humphrey sold 1,300 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $268.69, for a total transaction of $349,297.00. Following the transaction, the director owned 3,200 shares of the company’s stock, valued at approximately $859,808. This trade represents a 28.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Steven R. Bower sold 507 shares of Enpro stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $265.15, for a total value of $134,431.05. Following the sale, the chief accounting officer owned 4,695 shares in the company, valued at $1,244,879.25. This trade represents a 9.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,660 shares of company stock valued at $2,653,220 in the last ninety days. 1.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NPO. Lido Advisors LLC increased its position in Enpro by 2.6% during the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock worth $402,000 after buying an additional 45 shares during the period. Salomon & Ludwin LLC boosted its holdings in shares of 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 acquiring an additional 46 shares during the period. Maryland State Retirement & Pension System grew its position in shares of Enpro by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company’s stock worth $659,000 after acquiring an additional 49 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Enpro by 36.2% during the second 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 during the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Enpro by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company’s stock valued at $347,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Company Profile

(Get Free Report)

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.

Further Reading

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