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Deutsche Bank AG Invests $12.09 Million in Enpro Inc. $NPO

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Deutsche Bank AG bought a new stake in shares of Enpro Inc. (NYSE:NPO - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,069 shares of the industrial products company's stock, valued at approximately $12,088,000. Deutsche Bank AG owned approximately 0.15% of Enpro at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. First Citizens Bank & Trust Co. grew its position in Enpro by 2.0% in the first quarter. First Citizens Bank & Trust Co. now owns 1,780 shares of the industrial products company's stock worth $446,000 after acquiring an additional 35 shares in the last quarter. Lido Advisors LLC raised its position in Enpro by 2.6% during the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company's stock valued at $402,000 after purchasing an additional 45 shares during the period. Maryland State Retirement & Pension System lifted its stake in shares of Enpro by 1.6% in the 4th quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company's stock valued at $659,000 after purchasing an additional 49 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 51 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Enpro by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company's stock valued at $347,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 98.31% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NPO. Wall Street Zen raised Enpro from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Zacks Research upgraded Enpro from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. KeyCorp lifted their price objective on shares of Enpro from $345.00 to $370.00 and gave the stock an "overweight" rating in a research note on Monday, July 13th. Weiss Ratings lowered shares of Enpro from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. Finally, JPMorgan Chase & Co. began coverage on shares of Enpro in a research note 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 issued a Hold rating to the company. According to data from MarketBeat, Enpro has an average rating of "Buy" and a consensus price target of $358.33.

Get Our Latest Stock Report on Enpro

Enpro Trading Down 0.1%

NPO stock opened at $312.49 on Friday. Enpro Inc. has a 12 month low of $202.00 and a 12 month high of $390.42. The firm's 50-day moving average is $339.79 and its 200 day moving average is $300.84. The company has a market capitalization of $6.62 billion, a PE ratio of 152.43, a P/E/G ratio of 2.18 and a beta of 1.54. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43.

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

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro's dividend payout ratio is presently 62.44%.

About Enpro

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enpro Inc. (NYSE:NPO - Free Report).

Institutional Ownership by Quarter for Enpro (NYSE:NPO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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