First Eagle Investment Management LLC Has $13.77 Million Stock Position in Enpro Inc. $NPO

First Eagle Investment Management LLC grew its position in Enpro Inc. (NYSE:NPO) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,313 shares of the industrial products company’s stock after buying an additional 4,505 shares during the quarter. First Eagle Investment Management LLC’s holdings in Enpro were worth $13,771,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NPO. Alliancebernstein L.P. boosted its holdings in shares of Enpro by 1,651.9% during the second quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock worth $78,497,000 after purchasing an additional 386,406 shares during the period. Wasatch Advisors LP boosted its holdings in shares of Enpro by 34.1% during the second quarter. Wasatch Advisors LP now owns 1,065,791 shares of the industrial products company’s stock worth $204,152,000 after purchasing an additional 270,909 shares during the period. Invesco Ltd. boosted its holdings in shares of Enpro by 26.5% during the third quarter. Invesco Ltd. now owns 825,339 shares of the industrial products company’s stock worth $186,527,000 after purchasing an additional 172,991 shares during the period. Sei Investments Co. boosted its holdings in shares of Enpro by 134.5% during the second quarter. Sei Investments Co. now owns 110,361 shares of the industrial products company’s stock worth $21,140,000 after purchasing an additional 63,293 shares during the period. Finally, Bamco Inc. NY boosted its holdings in shares of Enpro by 23.0% during the second quarter. Bamco Inc. NY now owns 287,128 shares of the industrial products company’s stock worth $54,999,000 after purchasing an additional 53,713 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Steven R. Bower sold 507 shares of Enpro stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $265.15, for a total value of $134,431.05. Following the transaction, the chief accounting officer owned 4,695 shares of the company’s stock, valued at $1,244,879.25. This trade represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Felix M. Brueck sold 5,853 shares of Enpro stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $275.84, for a total transaction of $1,614,491.52. Following the completion of the transaction, the director directly owned 1,567 shares in the company, valued at approximately $432,241.28. This represents a 78.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 9,660 shares of company stock worth $2,653,220. 1.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NPO has been the subject of several research reports. Weiss Ratings upgraded shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Oppenheimer raised their price objective on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research report on Thursday, February 19th. Finally, KeyCorp raised their price objective on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $315.00.

Enpro Price Performance

Shares of NPO opened at $310.33 on Wednesday. The firm has a market cap of $6.56 billion, a PE ratio of 152.87, a PEG ratio of 2.30 and a beta of 1.56. The firm’s 50 day moving average price is $268.87 and its 200 day moving average price is $245.60. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. Enpro Inc. has a twelve month low of $173.63 and a twelve month high of $318.90.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.06. The firm had revenue of $303.00 million for the quarter, compared to analyst estimates of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, research analysts expect that Enpro Inc. will post 9.14 EPS for the current fiscal year.

Enpro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, June 3rd. Enpro’s dividend payout ratio (DPR) is presently 63.05%.

Enpro Profile

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.