Enpro (NYSE:NPO) Hits New 52-Week High on Strong Earnings

Key Points

• Enpro shares hit a new 52-week high after reporting quarterly EPS of $2.14 (vs. $2.08 expected) and revenue of $303.0M, up 10.9% year-over-year, and the company set FY2026 guidance of 8.85–9.50 EPS.
• The firm declared a quarterly dividend of $0.32 (annualized $1.28) for a 0.4% yield, with an ex-dividend/record date of June 3/June 17 and a dividend payout ratio of about 67.7%.
• Analysts have largely raised targets (KeyCorp to $310, Oppenheimer to $285), leaving a consensus Moderate Buy and an average price target of $297.50 while the stock traded above that level near $303.

Enpro Inc. (NYSE:NPO - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday following a stronger than expected earnings report. The company traded as high as $304.59 and last traded at $302.6070, with a volume of 201532 shares trading hands. The stock had previously closed at $289.51.

The industrial products company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.06. The company had revenue of $303.00 million for the quarter, compared to analysts' expectations of $303.90 million. Enpro had a net margin of 3.54% and a return on equity of 11.16%. Enpro's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, June 3rd. Enpro's dividend payout ratio (DPR) is presently 67.72%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Oppenheimer increased their price objective on Enpro from $240.00 to $285.00 and gave the company an "outperform" rating in a research note on Thursday, February 19th. KeyCorp raised their price target on Enpro from $260.00 to $310.00 and gave the stock an "overweight" rating in a research note on Thursday, February 19th. Finally, Wall Street Zen lowered Enpro from a "buy" rating to a "hold" rating in a research note on Saturday, February 21st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Enpro presently has a consensus rating of "Moderate Buy" and an average price target of $297.50.

Insider Buying and Selling

In related news, 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 completion of the sale, the chief accounting officer directly owned 4,695 shares in the company, valued at approximately $1,244,879.25. This trade represents a 9.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Felix M. Brueck sold 5,853 shares of Enpro stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $275.84, for a total value of $1,614,491.52. Following the completion of the sale, the director owned 1,567 shares of the company's stock, valued at $432,241.28. The trade was a 78.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,660 shares of company stock valued at $2,653,220 over the last ninety days. Insiders own 1.60% of the company's stock.

Institutional Investors Weigh In On Enpro

Large investors have recently made changes to their positions in the company. M&T Bank Corp bought a new position in shares of Enpro during the 4th quarter valued at approximately $8,935,000. Cookson Peirce & Co. Inc. bought a new position in shares of Enpro during the 3rd quarter valued at approximately $1,277,000. Congress Asset Management Co. grew its stake in shares of Enpro by 7.3% during the 4th quarter. Congress Asset Management Co. now owns 376,272 shares of the industrial products company's stock valued at $80,571,000 after acquiring an additional 25,715 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Enpro by 16.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 90,239 shares of the industrial products company's stock valued at $20,394,000 after acquiring an additional 12,651 shares during the period. Finally, Public Sector Pension Investment Board grew its stake in shares of Enpro by 14.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 82,081 shares of the industrial products company's stock valued at $18,550,000 after acquiring an additional 10,327 shares during the period. 98.31% of the stock is currently owned by institutional investors.

Enpro Trading Up 4.4%

The stock has a 50 day moving average of $264.20 and a 200-day moving average of $242.36. The company has a market capitalization of $6.38 billion, a P/E ratio of 159.97, a P/E/G ratio of 2.15 and a beta of 1.56. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42.

About Enpro

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.

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