Prudent Man Advisors LLC Makes New Investment in Enpro Inc. $NPO

Prudent Man Advisors LLC purchased a new position in shares of Enpro Inc. (NYSE:NPO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,328 shares of the industrial products company’s stock, valued at approximately $254,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Maseco LLP purchased a new position in Enpro in the 2nd quarter worth $36,000. UMB Bank n.a. raised its position in Enpro by 57.7% in the 2nd quarter. UMB Bank n.a. now owns 328 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 120 shares during the period. GAMMA Investing LLC raised its position in Enpro by 94.5% in the 1st quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company’s stock worth $81,000 after purchasing an additional 242 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Enpro in the 1st quarter worth $115,000. Finally, Farther Finance Advisors LLC raised its position in Enpro by 205.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 910 shares of the industrial products company’s stock worth $174,000 after purchasing an additional 612 shares during the period. Institutional investors own 98.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on NPO shares. KeyCorp lifted their target price on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Zacks Research cut shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Enpro in a research report on Saturday. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Oppenheimer boosted their price objective on shares of Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $245.00.

Enpro Price Performance

NPO stock opened at $233.12 on Monday. 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’s 50-day moving average price is $224.09 and its two-hundred day moving average price is $199.64. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 58.28, a PEG ratio of 2.33 and a beta of 1.57. Enpro Inc. has a 12-month low of $133.50 and a 12-month high of $236.07.

Enpro (NYSE:NPO) last issued its quarterly earnings data 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 company 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%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.08 earnings per share. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. As a group, equities analysts predict that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.5%. Enpro’s payout ratio is presently 31.00%.

Insider Buying and Selling at Enpro

In other news, EVP Robert Savage Mclean sold 2,541 shares of Enpro stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $223.77, for a total transaction of $568,599.57. Following the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

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.