Enpro Inc. $NPO Shares Bought by Gibbs Wealth Management

Gibbs Wealth Management lifted its stake in shares of Enpro Inc. (NYSE:NPO) by 63.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,954 shares of the industrial products company’s stock after acquiring an additional 1,930 shares during the quarter. Gibbs Wealth Management’s holdings in Enpro were worth $1,242,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Cedar Mountain Advisors LLC purchased a new stake in shares of Enpro during the first quarter valued at $25,000. Salomon & Ludwin LLC increased 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 in the last quarter. Trust Co. of Vermont purchased a new position in Enpro in the 4th quarter worth about $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in Enpro during the 4th quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC raised 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 buying an additional 51 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. KeyCorp boosted their price target on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Enpro in a research report on Monday. They issued an “overweight” rating and a $420.00 price target for the company. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $358.33.

Enpro Stock Up 0.7%

Enpro stock opened at $336.85 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40. Enpro Inc. has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. The firm has a fifty day moving average price of $334.65 and a two-hundred day moving average price of $287.64. The firm has a market cap of $7.12 billion, a price-to-earnings ratio of 165.94, a P/E/G ratio of 2.43 and a beta of 1.51.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.06. The company had revenue of $303.00 million for 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 firm’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, analysts forecast that Enpro Inc. will post 9.16 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. Shareholders of record on Wednesday, June 3rd were issued a $0.32 dividend. The ex-dividend date of this dividend 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 (DPR) is 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.