Yousif Capital Management LLC Increases Stock Position in Enpro Inc. $NPO

Yousif Capital Management LLC grew its position in Enpro Inc. (NYSE:NPO) by 1.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,922 shares of the industrial products company’s stock after purchasing an additional 92 shares during the period. Yousif Capital Management LLC’s holdings in Enpro were worth $1,517,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Maseco LLP purchased a new stake in Enpro during the second quarter worth about $36,000. UMB Bank n.a. increased its holdings in Enpro by 57.7% during the second quarter. UMB Bank n.a. now owns 328 shares of the industrial products company’s stock worth $63,000 after buying an additional 120 shares during the last quarter. GAMMA Investing LLC increased its holdings in 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 during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Enpro during the first quarter worth about $115,000. Finally, Farther Finance Advisors LLC increased its holdings in Enpro by 205.4% during the second quarter. Farther Finance Advisors LLC now owns 910 shares of the industrial products company’s stock worth $174,000 after buying an additional 612 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. KeyCorp raised their price objective on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Oppenheimer raised their price objective on shares of Enpro from $215.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Enpro in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a research note on Sunday, August 3rd. Finally, Zacks Research lowered shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.00.

Insider Buying and Selling

In related news, EVP Robert Savage Mclean sold 2,541 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were 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 is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Enpro Stock Up 2.4%

Enpro stock opened at $234.33 on Tuesday. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $235.91. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 58.58, a P/E/G ratio of 2.29 and a beta of 1.57. 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 firm has a 50 day simple moving average of $223.73 and a 200 day simple moving average of $197.17.

Enpro (NYSE:NPO) last issued 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 analysts’ expectations of $283.83 million. Enpro had a net margin of 7.83% and a return on equity of 10.49%. Enpro’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.08 EPS. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. On average, analysts predict that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $1.24 annualized dividend and a yield of 0.5%. Enpro’s payout ratio is currently 31.00%.

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.