Enpro Inc. $NPO Shares Acquired by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions Inc. increased its holdings in Enpro Inc. by 41.9% during Q2, owning 3,953 shares valued at $757,000 as of its latest SEC filing.
• Enpro's recent quarterly earnings report showed a net revenue of $288.10 million, surpassing analysts' expectations, but the company reported an EPS of $2.03, missing the consensus estimate by $0.05.
• Recently, Enpro declared a quarterly dividend of $0.31 per share, leading to a total annualized dividend of $1.24 with a yield of 0.5%.

Envestnet Portfolio Solutions Inc. lifted its position in shares of Enpro Inc. (NYSE:NPO - Free Report) by 41.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,953 shares of the industrial products company's stock after purchasing an additional 1,168 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Enpro were worth $757,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NPO. Maseco LLP purchased a new position in shares of Enpro during the 2nd quarter valued at approximately $36,000. UMB Bank n.a. lifted its position in shares of Enpro by 57.7% during the 2nd quarter. UMB Bank n.a. now owns 328 shares of the industrial products company's stock valued at $63,000 after buying an additional 120 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Enpro by 94.5% during the 1st quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company's stock valued at $81,000 after buying an additional 242 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Enpro during the 1st quarter valued at approximately $115,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Enpro by 205.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 910 shares of the industrial products company's stock valued at $174,000 after buying an additional 612 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company's stock.

Insider Activity at Enpro

In other news, EVP Robert Savage Mclean sold 2,541 shares of Enpro stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total transaction of $568,599.57. Following the transaction, the executive vice president owned 29,116 shares in the company, valued at $6,515,287.32. The trade was a 8.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Enpro Trading Down 0.1%

Shares of NPO stock opened at $228.80 on Monday. The stock's fifty day moving average is $223.40 and its two-hundred day moving average is $196.53. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.65 and a current ratio of 2.49. The firm has a market capitalization of $4.82 billion, a P/E ratio of 57.20, a PEG ratio of 2.29 and a beta of 1.57. Enpro Inc. 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 posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.05). Enpro had a return on equity of 10.49% and a net margin of 7.83%.The company had revenue of $288.10 million for the quarter, compared to analysts' expectations of $283.83 million. During the same quarter in the prior year, the firm earned $2.08 EPS. The firm's revenue was up 6.0% on a year-over-year basis. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. Research analysts expect that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, September 3rd. Enpro's payout ratio is currently 31.00%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on NPO shares. Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a research report on Sunday, August 3rd. Zacks Research lowered Enpro from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 6th. Weiss Ratings restated a "hold (c+)" rating on shares of Enpro in a report on Wednesday, October 8th. KeyCorp raised their price objective on Enpro from $240.00 to $250.00 and gave the company an "overweight" rating in a report on Tuesday, October 14th. Finally, Oppenheimer raised their price objective on Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $245.00.

Enpro Profile

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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