Enpro Inc. (NYSE:NPO) Stock to Pay Quarterly Dividend of $0.32

Key Points

• Enpro declared a quarterly dividend of $0.32 per share, payable December 16 to shareholders of record on December 2. The annualized dividend is $1.28, representing a 0.5% yield.
• The dividend appears well covered, with a current payout ratio of 15.3% and an expected future payout ratio of 11.8% based on projected earnings.
• Enpro recently exceeded earnings and revenue expectations, while analysts maintain a “Moderate Buy” consensus with an average price target of $358.33.

Enpro Inc. (NYSE:NPO - Get Free Report) declared a quarterly dividend on Wednesday, October 28th. Investors of record on Wednesday, December 2nd will be paid 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 yield of 0.5%. The ex-dividend date is Wednesday, December 2nd.

Enpro has a dividend 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 Stock Up 0.4%

Enpro stock opened at $282.98 on Thursday. The company has a quick ratio of 1.43, a current ratio of 2.28 and a debt-to-equity ratio of 0.36. The firm has a market cap of $5.99 billion, a P/E ratio of 138.04, a P/E/G ratio of 1.86 and a beta of 1.58. The business has a fifty day moving average of $299.61 and a two-hundred day moving average of $295.31. Enpro has a twelve month low of $202.00 and a twelve month high of $390.42.

Enpro (NYSE:NPO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.32 by $0.18. The business had revenue of $338.80 million for the quarter, compared to the consensus estimate of $323.68 million. Enpro had a return on equity of 11.83% and a net margin of 3.60%. The business's revenue was up 17.6% compared to the same quarter last year. During the same period last year, the business posted $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, analysts forecast that Enpro will post 9.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NPO has been the topic of a number of recent research reports. Weiss Ratings lowered Enpro from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. started coverage on shares of Enpro in a research report on Monday, July 20th. They set an "overweight" rating and a $420.00 price target for the company. Zacks Research cut shares of Enpro from a "strong-buy" rating to a "hold" rating in a report on Friday, September 18th. Wall Street Zen downgraded shares of Enpro from a "buy" rating to a "hold" rating in a research report on Sunday, September 6th. Finally, KeyCorp boosted their price objective on shares of Enpro from $345.00 to $370.00 and gave the stock an "overweight" rating in a research note on Monday, July 13th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $358.33.

Enpro Company Profile

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.

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