BlackRock Inc. Acquires Shares of 3,364,116 Enpro Inc. $NPO

Key Points

• BlackRock acquired 3.36 million Enpro shares in the second quarter, valued at approximately $1.27 billion, giving it a 15.92% stake. Institutional investors collectively own 98.31% of the company.
• Enpro exceeded quarterly expectations, reporting $2.50 EPS versus the $2.32 consensus and $338.8 million in revenue, up 17.6% year over year. The company guided to fiscal 2026 EPS of $9.30–$9.80.
• Analyst sentiment remains positive, with a consensus “Buy” rating and a $358.33 price target, while Enpro announced a quarterly dividend of $0.32 per share, yielding approximately 0.4%.

BlackRock Inc. purchased a new stake in Enpro Inc. (NYSE:NPO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,364,116 shares of the industrial products company's stock, valued at approximately $1,268,036,000. BlackRock Inc. owned approximately 15.92% of Enpro as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. M&T Bank Corp acquired a new position in Enpro during the fourth quarter worth $8,935,000. UBS Group AG lifted its holdings in Enpro by 54.0% during the fourth quarter. UBS Group AG now owns 67,572 shares of the industrial products company's stock valued at $14,469,000 after purchasing an additional 23,705 shares in the last quarter. Dana Investment Advisors Inc. grew its position in shares of Enpro by 128.0% in the fourth quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company's stock valued at $2,008,000 after purchasing an additional 5,263 shares during the period. Royce & Associates LP grew its position in shares of Enpro by 7.5% in the fourth quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company's stock valued at $55,369,000 after purchasing an additional 18,143 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Enpro by 105,350.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company's stock worth $4,968,000 after purchasing an additional 23,177 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company's stock.

Enpro Stock Down 2.0%

Shares of NYSE NPO opened at $313.06 on Friday. The stock has a market cap of $6.63 billion, a PE ratio of 152.71, a P/E/G ratio of 2.23 and a beta of 1.54. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36. Enpro Inc. has a 12-month low of $202.00 and a 12-month high of $390.42. The company has a 50-day moving average of $340.24 and a 200 day moving average of $300.76.

Enpro (NYSE:NPO - Get Free Report) last released 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. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business had revenue of $338.80 million for the quarter, compared to analyst estimates of $323.68 million. During the same period last year, the company posted $1.25 EPS. The business's revenue was up 17.6% on a year-over-year basis. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, sell-side analysts predict that Enpro Inc. will post 9.55 EPS for the current fiscal year.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued 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 is presently 62.44%.

Analyst Upgrades and Downgrades

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