Enpro (NYSE:NPO) Reaches New 1-Year High - What's Next?

Key Points

• Enpro Inc. (NYSE:NPO) reached a new 52-week high with shares trading at $235.91, reflecting increases in market confidence and activity with over 80,000 shares traded.
• Analysts have mixed ratings on Enpro, with a "Moderate Buy" consensus and target prices ranging from $240.00 to $250.00 following recent upgrades and downgrades from various research firms.
• The company reported $2.03 EPS for Q3, missing estimates slightly, but expects to deliver 7.600-8.10 EPS guidance for FY 2025, indicating potential growth ahead.

Enpro Inc. (NYSE:NPO - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $235.91 and last traded at $234.33, with a volume of 80015 shares traded. The stock had previously closed at $228.78.

Analyst Ratings Changes

Several equities research analysts have issued reports on NPO shares. KeyCorp increased their price target on Enpro from $240.00 to $250.00 and gave the stock an "overweight" rating in a report on Tuesday, October 14th. Oppenheimer increased their price objective on Enpro from $215.00 to $240.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a report on Sunday, August 3rd. Weiss Ratings reiterated a "hold (c+)" rating on shares of Enpro in a report on Wednesday, October 8th. Finally, Zacks Research downgraded Enpro from a "strong-buy" rating to a "hold" rating in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Enpro presently has a consensus rating of "Moderate Buy" and an average target price of $245.00.

Enpro Price Performance

The company has a 50 day moving average of $223.40 and a 200-day moving average of $196.53. The firm has a market capitalization of $4.93 billion, a P/E ratio of 58.58, a P/E/G ratio of 2.29 and a beta of 1.57. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31.

Enpro (NYSE:NPO - Get Free Report) last released 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). The firm had revenue of $288.10 million during the quarter, compared to the consensus estimate of $283.83 million. Enpro had a net margin of 7.83% and a return on equity of 10.49%. The business's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.08 earnings per share. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. On average, sell-side analysts predict that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd were issued a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $1.24 annualized dividend and a yield of 0.5%. Enpro's payout ratio is currently 31.00%.

Insiders Place Their Bets

In other Enpro news, EVP Robert Savage Mclean sold 2,541 shares of Enpro stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total value of $568,599.57. Following the completion of the transaction, the executive vice president directly owned 29,116 shares of the company's stock, valued at $6,515,287.32. The trade was a 8.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Enpro

A number of institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its holdings in shares of Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company's stock worth $37,000 after buying an additional 51 shares in the last quarter. Vista Finance LLC grew its position in Enpro by 4.1% during the 2nd quarter. Vista Finance LLC now owns 1,319 shares of the industrial products company's stock worth $253,000 after acquiring an additional 52 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Enpro by 0.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company's stock worth $1,185,000 after acquiring an additional 58 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Enpro by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,023 shares of the industrial products company's stock worth $1,428,000 after acquiring an additional 64 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System grew its position in Enpro by 3.7% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 1,957 shares of the industrial products company's stock worth $375,000 after acquiring an additional 69 shares during the last quarter. Institutional investors and hedge funds own 98.31% of the company's stock.

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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