Enpro (NYSE:NPO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Enpro (NYSE:NPO) from a hold rating to a buy rating in a research note released on Saturday morning.

Several other analysts have also recently issued reports on the stock. Zacks Research raised shares of Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. KeyCorp raised their price objective on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. JPMorgan Chase & Co. initiated coverage on shares of Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price on the stock. Finally, Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $358.33.

Enpro Stock Performance

NYSE:NPO opened at $333.25 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43. The firm has a 50-day moving average of $338.43 and a two-hundred day moving average of $295.38. The stock has a market cap of $7.05 billion, a P/E ratio of 162.56, a PEG ratio of 2.32 and a beta of 1.54. Enpro has a 1-year low of $202.00 and a 1-year high of $390.42.

Enpro (NYSE:NPO) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. The business had revenue of $338.80 million for the quarter, compared to analyst estimates of $323.68 million. Enpro had a return on equity of 11.83% and a net margin of 3.60%.The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.25 earnings per share. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, research analysts expect that Enpro will post 9.55 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $0.32 dividend. 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 dividend payout ratio (DPR) is presently 62.44%.

Institutional Trading of Enpro

Large investors have recently modified their holdings of the company. Cedar Mountain Advisors LLC acquired a new position in Enpro during the 1st quarter valued at about $25,000. Salomon & Ludwin LLC grew its position 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 last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Enpro in the second quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Enpro in the fourth quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC raised its holdings 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 valued at $37,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

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.