Enpro's (NPO) "Hold (C+)" Rating Reaffirmed at Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed Enpro's stock rating as "Hold (C+)", amidst various ratings changes from different research firms.
• Enpro's stock recently traded at $224.22 and has a market cap of approximately $4.72 billion, with a P/E ratio of 56.06.
• The company reported $2.03 earnings per share for the latest quarter, which missed analysts' expectations, while their revenue grew 6% year-over-year.

Enpro (NYSE:NPO - Get Free Report)'s stock had its "hold (c+)" rating reissued by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other research firms also recently commented on NPO. KeyCorp boosted their price objective on Enpro from $220.00 to $240.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Oppenheimer lifted their target price on Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. Wall Street Zen raised Enpro from a "hold" rating to a "buy" rating in a research report on Sunday, August 3rd. Finally, Zacks Research downgraded Enpro from a "strong-buy" rating to a "hold" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $240.00.

Enpro Trading Up 0.4%

Shares of NPO stock opened at $224.22 on Wednesday. The company has a market cap of $4.72 billion, a P/E ratio of 56.06, a PEG ratio of 2.23 and a beta of 1.57. The stock has a 50 day simple moving average of $222.29 and a two-hundred day simple moving average of $193.40. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.65 and a current ratio of 2.49. Enpro has a fifty-two week low of $133.50 and a fifty-two week high of $234.95.

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

Insider Transactions at Enpro

In related news, EVP Robert Savage Mclean sold 2,541 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total transaction of $568,599.57. Following the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.60% of the company's stock.

Hedge Funds Weigh In On Enpro

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in 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 acquiring an additional 51 shares during the last quarter. Vista Finance LLC raised its stake in Enpro by 4.1% during the second quarter. Vista Finance LLC now owns 1,319 shares of the industrial products company's stock valued at $253,000 after buying an additional 52 shares during the last quarter. Maryland State Retirement & Pension System raised its stake in Enpro by 0.9% during the second quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company's stock valued at $1,185,000 after buying an additional 58 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Enpro by 0.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,023 shares of the industrial products company's stock valued at $1,428,000 after buying an additional 64 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System raised its stake in Enpro by 3.7% during the second quarter. State Board of Administration of Florida Retirement System now owns 1,957 shares of the industrial products company's stock valued at $375,000 after buying an additional 69 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors.

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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