Bank of New York Mellon Corp Purchases Shares of 144,577 Enpro Inc. $NPO

Key Points

• Bank of New York Mellon acquired 144,577 Enpro shares valued at approximately $54.5 million, giving it a 0.68% stake. Institutional investors and hedge funds collectively own 98.31% of Enpro.
• Enpro exceeded quarterly expectations, reporting $2.50 EPS versus the $2.32 consensus estimate and revenue of $338.8 million, up 17.6% year over year. The company issued fiscal 2026 EPS guidance of $9.30–$9.80.
• Analyst sentiment is broadly positive, with a consensus “Buy” rating and an average price target of $358.33; JPMorgan initiated coverage with a $420 target. Enpro also declared a $0.32 quarterly dividend, equivalent to a 0.4% yield.

Bank of New York Mellon Corp acquired a new position in shares of Enpro Inc. (NYSE:NPO - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 144,577 shares of the industrial products company's stock, valued at approximately $54,496,000. Bank of New York Mellon Corp owned 0.68% of Enpro as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in NPO. Cedar Mountain Advisors LLC bought a new position in shares of Enpro during the 1st quarter worth about $25,000. Caitong International Asset Management Co. Ltd acquired a new position in Enpro in the fourth quarter worth $33,000. EverSource Wealth Advisors LLC grew its holdings 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. Measured Wealth Private Client Group LLC acquired a new stake in shares of Enpro in the third quarter valued at approximately $62,000. Finally, Allworth Financial LP increased its position in Enpro by 284.6% in the fourth quarter. Allworth Financial LP now owns 300 shares of the industrial products company's stock worth $64,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 98.31% of the company's stock.

Enpro Stock Performance

Shares of NPO opened at $309.08 on Thursday. The firm has a market cap of $6.54 billion, a P/E ratio of 150.77, a PEG ratio of 2.12 and a beta of 1.54. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.43 and a current ratio of 2.28. The firm's 50 day moving average price is $336.67 and its two-hundred day moving average price is $302.39.

Enpro (NYSE:NPO - Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.32 by $0.18. The firm had revenue of $338.80 million during the quarter, compared to analyst estimates of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The company's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. On average, analysts forecast that Enpro Inc. will post 9.55 EPS for the current fiscal year.

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, September 2nd. Enpro's dividend payout ratio (DPR) is 62.44%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NPO. Weiss Ratings cut Enpro from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of Enpro from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Zacks Research raised shares of Enpro from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. KeyCorp upped their target price on shares of Enpro from $345.00 to $370.00 and gave the company an "overweight" rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. began coverage on shares of Enpro in a report on Monday, July 20th. They issued an "overweight" rating and a $420.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Enpro has a consensus rating of "Buy" and an average price target of $358.33.

Enpro Company Profile

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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