Enpro (NYSE:NPO) Issues Quarterly Earnings Results

Key Points

• Enpro reported a quarterly earnings per share (EPS) of $2.03, missing the consensus estimate of $2.08, while revenue increased by 6.0% to $288.10 million year-over-year.
• The company announced a quarterly dividend of $0.31 per share, representing a 0.6% yield with a dividend payout ratio of 30.85%.
• Analysts have recently upgraded Enpro's rating to "buy" and "strong-buy," indicating growing confidence in the company's performance and prospects.

Enpro (NYSE:NPO - Get Free Report) posted its earnings results on Tuesday. The industrial products company reported $2.03 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.05), Zacks reports. Enpro had a return on equity of 10.67% and a net margin of 7.98%. The business had revenue of $288.10 million during the quarter, compared to the consensus estimate of $283.83 million. During the same period in the prior year, the firm earned $2.08 earnings per share. The business's revenue was up 6.0% on a year-over-year basis. Enpro updated its FY 2025 guidance to 7.600-8.10 EPS.

Enpro Price Performance

NPO traded up $8.23 during midday trading on Tuesday, hitting $223.11. The company had a trading volume of 107,961 shares, compared to its average volume of 133,836. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.21 and a current ratio of 2.95. The company has a market capitalization of $4.69 billion, a PE ratio of 55.49, a P/E/G ratio of 2.38 and a beta of 1.62. Enpro has a twelve month low of $133.50 and a twelve month high of $225.30. The firm's 50-day simple moving average is $196.74 and its 200-day simple moving average is $180.62.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, September 3rd. Enpro's dividend payout ratio (DPR) is presently 30.85%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Enpro from a "hold" rating to a "buy" rating in a research note on Sunday. Sidoti upgraded shares of Enpro to a "strong-buy" rating in a research note on Wednesday, April 23rd. Finally, KeyCorp reiterated an "overweight" rating on shares of Enpro in a research note on Tuesday, June 3rd.

Institutional Investors Weigh In On Enpro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NPO. United Services Automobile Association bought a new position in shares of Enpro in the 1st quarter valued at about $220,000. Jones Financial Companies Lllp bought a new position in shares of Enpro in the 1st quarter valued at about $247,000. Focus Partners Wealth boosted its stake in shares of Enpro by 28.3% in the 1st quarter. Focus Partners Wealth now owns 3,021 shares of the industrial products company's stock valued at $489,000 after purchasing an additional 666 shares during the last quarter. AQR Capital Management LLC boosted its stake in Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company's stock worth $532,000 after acquiring an additional 1,321 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Enpro by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company's stock worth $2,023,000 after acquiring an additional 552 shares during the last quarter. Institutional investors and hedge funds own 98.31% of the company's stock.

About Enpro

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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