Jump Financial LLC Makes New Investment in Enpro Inc. $NPO

Key Points

• Jump Financial LLC made a new investment of $227,000 in Enpro Inc., acquiring 1,400 shares in the first quarter, according to their latest 13F filing.
• Enpro Inc. reported a quarterly earnings miss with an EPS of $2.03, below analysts' estimates of $2.08, but its revenue for the quarter grew by 6.0% year-over-year.
• The company recently announced a $0.31 quarterly dividend, which translates to an annual yield of 0.6%, with a payout ratio of 31.00%.

Jump Financial LLC acquired a new stake in shares of Enpro Inc. (NYSE:NPO - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,400 shares of the industrial products company's stock, valued at approximately $227,000.

Several other institutional investors have also modified their holdings of NPO. Opal Wealth Advisors LLC acquired a new position in Enpro in the 1st quarter worth $32,000. GAMMA Investing LLC grew its holdings in shares of Enpro by 94.5% during the first quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company's stock worth $81,000 after buying an additional 242 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Enpro in the 1st quarter valued at approximately $115,000. Vista Finance LLC boosted its position in Enpro by 7.0% during the 1st quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company's stock worth $205,000 after acquiring an additional 83 shares during the last quarter. Finally, Ellevest Inc. bought a new position in shares of Enpro during the 4th quarter worth approximately $238,000. Institutional investors own 98.31% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on NPO. KeyCorp increased their target price on shares of Enpro from $220.00 to $240.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Oppenheimer raised their price target on Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, Wall Street Zen upgraded shares of Enpro from a "hold" rating to a "buy" rating in a research note on Sunday, August 3rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $240.00.

Enpro Price Performance

Shares of NYSE:NPO traded up $2.71 during midday trading on Friday, hitting $219.56. The stock had a trading volume of 76,779 shares, compared to its average volume of 109,421. The company has a quick ratio of 1.65, a current ratio of 2.49 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $4.62 billion, a P/E ratio of 54.89, a price-to-earnings-growth ratio of 2.19 and a beta of 1.57. The company's 50-day moving average price is $213.17 and its 200-day moving average price is $186.65. Enpro Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $231.94.

Enpro (NYSE:NPO - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $288.10 million for the quarter, compared to analyst estimates of $283.83 million. Enpro had a net margin of 7.83% and a return on equity of 10.49%. The firm's revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.08 earnings per share. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. As a group, equities research analysts predict that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, September 3rd. Enpro's dividend payout ratio is currently 31.00%.

Insider Transactions at Enpro

In other Enpro news, EVP Robert Savage Mclean sold 2,541 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total transaction of $568,599.57. Following the completion of the transaction, the executive vice president owned 29,116 shares of the company's stock, valued at approximately $6,515,287.32. The trade was a 8.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.60% of the stock is currently owned by corporate insiders.

About Enpro

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.