Swiss National Bank Grows Position in Enpro Inc. $NPO

Swiss National Bank increased its holdings in shares of Enpro Inc. (NYSE:NPO - Free Report) by 3.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,700 shares of the industrial products company's stock after purchasing an additional 1,500 shares during the quarter. Swiss National Bank owned approximately 0.19% of Enpro worth $6,585,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Xponance Inc. lifted its stake in Enpro by 5.1% during the first quarter. Xponance Inc. now owns 1,570 shares of the industrial products company's stock worth $254,000 after purchasing an additional 76 shares during the last quarter. Vista Finance LLC lifted its stake in Enpro by 7.0% during the first quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company's stock worth $205,000 after purchasing an additional 83 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Enpro by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,597 shares of the industrial products company's stock worth $1,310,000 after purchasing an additional 84 shares during the last quarter. Summit Investment Advisors Inc. lifted its stake in Enpro by 5.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,197 shares of the industrial products company's stock worth $379,000 after purchasing an additional 106 shares during the last quarter. Finally, Illinois Municipal Retirement Fund lifted its stake in Enpro by 1.1% during the first quarter. Illinois Municipal Retirement Fund now owns 11,268 shares of the industrial products company's stock worth $1,823,000 after purchasing an additional 118 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company's stock.

Analyst Ratings Changes

NPO has been the subject of a number of research reports. KeyCorp boosted their price objective on Enpro from $220.00 to $240.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a research note on Sunday, August 3rd. Oppenheimer boosted their price objective on Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Finally, Sidoti upgraded Enpro to a "strong-buy" rating in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $240.00.

Enpro Stock Performance

Shares of Enpro stock traded down $0.5450 during trading hours on Tuesday, hitting $226.3450. 87,202 shares of the company were exchanged, compared to its average volume of 133,661. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $231.94. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average of $204.72 and a 200-day moving average of $183.90. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of 56.59, a P/E/G ratio of 2.27 and a beta of 1.62.

Enpro (NYSE:NPO - Get Free Report) last released its quarterly earnings data 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 business had revenue of $288.10 million during the quarter, compared to analysts' expectations of $283.83 million. Enpro had a return on equity of 10.49% and a net margin of 7.83%.The company's revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.08 EPS. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. As a group, analysts expect 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. Shareholders of record on Wednesday, September 3rd will be given a $0.31 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $1.24 annualized dividend and a yield of 0.5%. Enpro's dividend payout ratio is presently 31.00%.

Enpro Company 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.