Segall Bryant & Hamill LLC Buys 24,711 Shares of Enpro Inc. $NPO

Segall Bryant & Hamill LLC grew its stake in Enpro Inc. (NYSE:NPO) by 14.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 195,205 shares of the industrial products company’s stock after buying an additional 24,711 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Enpro were worth $37,392,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NPO. Vista Finance LLC lifted its position in Enpro by 4.1% in the 2nd quarter. Vista Finance LLC now owns 1,319 shares of the industrial products company’s stock valued at $253,000 after acquiring an additional 52 shares in the last quarter. Maryland State Retirement & Pension System raised its stake in shares of Enpro by 0.9% in the 2nd quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company’s stock valued at $1,185,000 after purchasing an additional 58 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Enpro by 0.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,023 shares of the industrial products company’s stock valued at $1,428,000 after purchasing an additional 64 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Enpro by 106.3% in 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. Finally, Yousif Capital Management LLC boosted its position in shares of Enpro by 1.2% during the second quarter. Yousif Capital Management LLC now owns 7,922 shares of the industrial products company’s stock worth $1,517,000 after buying an additional 92 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Price Performance

Shares of NPO opened at $216.10 on Friday. 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 company’s fifty day simple moving average is $222.41 and its 200 day simple moving average is $208.95. Enpro Inc. has a 1-year low of $133.50 and a 1-year high of $248.88. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 54.02, a PEG ratio of 2.27 and a beta of 1.60.

Enpro (NYSE:NPO) last announced its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.06. The company had revenue of $286.60 million during the quarter, compared to the consensus estimate of $276.57 million. Enpro had a net margin of 7.83% and a return on equity of 10.49%. Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, research analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Enpro’s payout ratio is 30.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on NPO shares. Zacks Research cut Enpro from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. KeyCorp boosted their price objective 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. Oppenheimer raised their target price 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $245.00.

Enpro 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.