Enpro (NYSE:NPO) EVP Robert Savage Mclean Sells 2,541 Shares of Stock

Enpro Inc. (NYSE:NPO) 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 value of $568,599.57. Following the transaction, the executive vice president directly owned 29,116 shares of the company’s stock, valued at $6,515,287.32. This represents a 8.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Enpro Stock Performance

NPO opened at $223.1170 on Thursday. The firm has a market capitalization of $4.70 billion, a P/E ratio of 55.78, a price-to-earnings-growth ratio of 2.27 and a beta of 1.62. The stock’s 50 day moving average price is $205.32 and its two-hundred day moving average price is $184.17. The company has a quick ratio of 1.65, a current ratio of 2.49 and a debt-to-equity ratio of 0.31. Enpro Inc. has a 12-month low of $133.50 and a 12-month high of $231.94.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.05). The business had revenue of $288.10 million during 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 business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $2.08 EPS. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. On average, equities analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd will be issued a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. Enpro’s dividend payout ratio (DPR) is 31.00%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Oppenheimer raised their target price on Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a report 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. KeyCorp boosted their price target on Enpro from $220.00 to $240.00 and gave the company an “overweight” 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 equities research 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 stock has a consensus rating of “Buy” and a consensus target price of $240.00.

Institutional Investors Weigh In On Enpro

Institutional investors have recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC acquired a new stake in Enpro during the first quarter valued at approximately $32,000. Huntington National Bank boosted its holdings in Enpro by 106.3% during the second quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 85 shares in the last quarter. Maseco LLP acquired a new stake in Enpro during the second quarter valued at approximately $36,000. EverSource Wealth Advisors LLC boosted its holdings in Enpro by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Enpro during the second quarter valued at approximately $42,000. 98.31% of the stock is owned by institutional investors and hedge funds.

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.