Enpro Inc. (NYSE:NPO) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Enpro Inc. (NYSE:NPO) has received an average recommendation of "Moderate Buy" from five brokerages, with a target price of $240.00 among analysts.
• The company recently reported earnings of $2.03 EPS, which fell short of the consensus estimate, while quarterly revenue increased by 6.0% year-over-year.
• Insider activity includes the sale of 2,541 shares by EVP Robert Savage Mclean, decreasing his ownership by 8.03% after the transaction.

Shares of Enpro Inc. (NYSE:NPO - Get Free Report) have been given an average rating of "Moderate Buy" by the five brokerages that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $240.00.

Several brokerages have issued reports on NPO. Zacks Research downgraded shares of Enpro from a "strong-buy" rating to a "hold" rating in a report on Monday. Oppenheimer upped their price objective on shares of Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Weiss Ratings reissued a "hold (c+)" rating on shares of Enpro in a research note on Saturday, September 27th. KeyCorp upped their price objective on shares of Enpro from $220.00 to $240.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen raised shares of Enpro from a "hold" rating to a "buy" rating in a research note on Sunday, August 3rd.

Insider Activity

In related news, EVP Robert Savage Mclean sold 2,541 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $223.77, for a total transaction of $568,599.57. Following the completion of the transaction, the executive vice president owned 29,116 shares of the company's stock, valued at approximately $6,515,287.32. This represents a 8.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.50% of the company's stock.

Hedge Funds Weigh In On Enpro

Institutional investors and hedge funds have recently bought and sold shares of the stock. Opal Wealth Advisors LLC acquired a new position in Enpro during the first quarter worth approximately $32,000. Huntington National Bank increased its position in shares of Enpro by 106.3% in the second quarter. Huntington National Bank now owns 165 shares of the industrial products company's stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Maseco LLP acquired a new stake in shares of Enpro in the second quarter worth $36,000. EverSource Wealth Advisors LLC increased its position in shares of Enpro by 36.2% in 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 in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Enpro in the second quarter worth $42,000. Institutional investors and hedge funds own 98.31% of the company's stock.

Enpro Stock Down 4.2%

Shares of NYSE NPO opened at $223.77 on Wednesday. Enpro has a 12-month low of $133.50 and a 12-month high of $234.95. The company has a market capitalization of $4.71 billion, a PE ratio of 55.94, a price-to-earnings-growth ratio of 2.34 and a beta of 1.57. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.49 and a quick ratio of 1.65. The firm's 50-day moving average is $222.09 and its two-hundred day moving average is $193.19.

Enpro (NYSE:NPO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.05). Enpro had a net margin of 7.83% and a return on equity of 10.49%. The business had revenue of $288.10 million during the quarter, compared to analysts' expectations of $283.83 million. During the same period last year, the company earned $2.08 EPS. The firm's revenue for the quarter was up 6.0% on a year-over-year basis. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. Equities analysts anticipate that Enpro will post 7.38 EPS for the current fiscal year.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. Enpro's dividend payout ratio is presently 31.00%.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.

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