Empowered Funds LLC Takes $1.61 Million Position in Enpro Inc. $NPO

Key Points

• Empowered Funds LLC acquired 4,279 Enpro shares worth approximately $1.61 million in the second quarter, while 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 issued fiscal 2026 EPS guidance of $9.30–$9.80.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $358.33; Enpro also declared a quarterly dividend of $0.32 per share, yielding 0.4% annually.

Empowered Funds LLC bought a new stake in Enpro Inc. (NYSE:NPO - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,279 shares of the industrial products company's stock, valued at approximately $1,613,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of NPO. AQR Capital Management LLC raised its stake in Enpro by 67.2% in the first quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company's stock valued at $532,000 after buying an additional 1,321 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Enpro by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company's stock valued at $2,023,000 after acquiring an additional 552 shares during the period. Jones Financial Companies Lllp acquired a new stake in Enpro during the 1st quarter valued at $247,000. United Services Automobile Association acquired a new stake in Enpro during the 1st quarter valued at $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Enpro by 17.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company's stock worth $11,148,000 after purchasing an additional 10,162 shares during the period. Institutional investors own 98.31% of the company's stock.

Enpro Trading Up 1.6%

NPO stock opened at $295.34 on Friday. 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 company's 50-day simple moving average is $326.91 and its 200 day simple moving average is $303.42. Enpro Inc. has a 52 week low of $202.00 and a 52 week high of $390.42. The company has a market capitalization of $6.25 billion, a PE ratio of 144.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.55.

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

Enpro Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NPO. Zacks Research raised shares of Enpro from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. KeyCorp raised their price objective on shares of Enpro from $345.00 to $370.00 and gave the stock an "overweight" rating in a research report on Monday, July 13th. Wall Street Zen downgraded Enpro from a "buy" rating to a "hold" rating in a research report on Saturday, August 29th. Weiss Ratings lowered 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 Enpro in a report on Monday, July 20th. They set an "overweight" rating and a $420.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $358.33.

Enpro 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.

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).

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.