Nuveen LLC Takes $28.70 Million Position in Enpro Inc. $NPO

Nuveen LLC purchased a new stake in shares of Enpro Inc. (NYSE:NPO - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 177,401 shares of the industrial products company's stock, valued at approximately $28,702,000. Nuveen LLC owned 0.84% of Enpro at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in Enpro in the first quarter valued at approximately $32,000. Canada Pension Plan Investment Board acquired a new stake in shares of Enpro during the fourth quarter worth $69,000. GAMMA Investing LLC increased its stake in Enpro by 94.5% in 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 during the last quarter. Sterling Capital Management LLC increased its stake in Enpro by 786.6% in the 4th quarter. Sterling Capital Management LLC now owns 594 shares of the industrial products company's stock valued at $102,000 after buying an additional 527 shares during the last quarter. Finally, Vista Finance LLC raised its holdings in shares of Enpro by 7.0% in the 1st quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company's stock valued at $205,000 after purchasing an additional 83 shares during the period. 98.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Oppenheimer upped their target price on shares of Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Sidoti upgraded shares of Enpro to a "strong-buy" rating in a research note on Wednesday, April 23rd. KeyCorp upped their price target on shares of Enpro from $220.00 to $240.00 and gave the company an "overweight" rating in a research note 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 investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $240.00.

Enpro Price Performance

Shares of NYSE NPO traded down $0.5450 during trading hours on Tuesday, hitting $226.3450. 87,202 shares of the stock were exchanged, compared to its average volume of 133,661. 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 company has a market cap of $4.76 billion, a PE ratio of 56.59, a price-to-earnings-growth ratio of 2.27 and a beta of 1.62. The company's fifty day simple moving average is $204.72 and its two-hundred day simple moving average is $183.90. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $231.94.

Enpro (NYSE:NPO - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (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 return on equity of 10.49% and a net margin of 7.83%.The business's revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.08 EPS. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. On average, sell-side analysts predict that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Dividend Announcement

The company also recently declared 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. The ex-dividend date is Wednesday, September 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Enpro's dividend payout ratio (DPR) is currently 31.00%.

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.