The Manufacturers Life Insurance Company Purchases New Holdings in Enpro Inc. $NPO

Key Points

• The Manufacturers Life Insurance Company acquired 11,263 Enpro shares worth approximately $4.25 million, joining institutional investors that collectively own 98.31% of the company.
• Enpro exceeded quarterly expectations, reporting $2.50 in EPS versus the $2.32 consensus and revenue of $338.8 million, up 17.6% year over year. Management guided to fiscal 2026 EPS of $9.30–$9.80.
• The company declared a quarterly dividend of $0.32 per share, while analysts maintain a consensus “Buy” rating and a $358.33 price target despite mixed recent rating changes.

The Manufacturers Life Insurance Company acquired a new stake in shares of Enpro Inc. (NYSE:NPO - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,263 shares of the industrial products company's stock, valued at approximately $4,245,000. The Manufacturers Life Insurance Company owned about 0.05% of Enpro as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. First Citizens Bank & Trust Co. increased its holdings in shares of Enpro by 2.0% in the first quarter. First Citizens Bank & Trust Co. now owns 1,780 shares of the industrial products company's stock valued at $446,000 after purchasing an additional 35 shares during the period. Lido Advisors LLC lifted its holdings in shares of Enpro by 2.6% during the fourth quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company's stock worth $402,000 after purchasing an additional 45 shares during the period. Maryland State Retirement & Pension System grew its position in Enpro by 1.6% in the 4th quarter. Maryland State Retirement & Pension System now owns 3,076 shares of the industrial products company's stock valued at $659,000 after buying an additional 49 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Enpro by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company's stock valued at $37,000 after buying an additional 51 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in Enpro by 3.5% in the 4th quarter. Corient Private Wealth LLC now owns 1,604 shares of the industrial products company's stock valued at $347,000 after buying an additional 54 shares during the period. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Enpro Stock Performance

NPO opened at $295.70 on Tuesday. Enpro Inc. has a 1-year low of $202.00 and a 1-year high of $390.42. The stock has a market cap of $6.26 billion, a P/E ratio of 144.24, a P/E/G ratio of 2.09 and a beta of 1.54. The stock's 50 day simple moving average is $331.77 and its 200 day simple moving average is $303.05. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.28 and a quick ratio of 1.43.

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

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be given a $0.32 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Enpro's payout ratio is currently 62.44%.

Analyst Ratings Changes

NPO has been the subject of several recent analyst reports. Weiss Ratings cut shares of Enpro from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. Zacks Research upgraded shares of Enpro from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. KeyCorp increased their price target on shares of Enpro from $345.00 to $370.00 and gave the stock an "overweight" rating in a report on Monday, July 13th. JPMorgan Chase & Co. began coverage on Enpro in a report on Monday, July 20th. They issued an "overweight" rating and a $420.00 price objective on the stock. Finally, Wall Street Zen cut Enpro from a "buy" rating to a "hold" rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Enpro has a consensus rating of "Buy" and a consensus price target of $358.33.

About Enpro

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.

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