Thrivent Financial for Lutherans Reduces Stake in Enpro Inc. $NPO

Thrivent Financial for Lutherans reduced its position in Enpro Inc. (NYSE:NPO) by 33.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 65,969 shares of the industrial products company’s stock after selling 33,632 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Enpro were worth $14,126,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC boosted its holdings in Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 46 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Enpro by 36.2% during the 2nd 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. Farther Finance Advisors LLC increased its holdings in shares of Enpro by 7.3% in the fourth quarter. Farther Finance Advisors LLC now owns 804 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 55 shares during the period. Bessemer Group Inc. increased its holdings in shares of Enpro by 25.4% in the third quarter. Bessemer Group Inc. now owns 291 shares of the industrial products company’s stock worth $66,000 after purchasing an additional 59 shares during the period. Finally, CIBC Private Wealth Group LLC raised its position in shares of Enpro by 6.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,063 shares of the industrial products company’s stock worth $240,000 after buying an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Analyst Ratings Changes

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

Enpro Trading Down 1.6%

NYSE NPO opened at $306.77 on Tuesday. The firm has a market cap of $6.48 billion, a PE ratio of 151.12, a price-to-earnings-growth ratio of 2.27 and a beta of 1.56. Enpro Inc. has a 1-year low of $173.63 and a 1-year high of $326.98. The stock has a 50-day moving average of $273.26 and a 200-day moving average of $247.99. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. The business 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 was up 10.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.90 EPS. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, sell-side analysts forecast that Enpro Inc. will post 9.14 EPS for the current year.

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Enpro’s dividend payout ratio is currently 63.05%.

Insider Transactions at Enpro

In other Enpro news, EVP Robert Savage Mclean sold 2,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $277.50, for a total value of $555,000.00. Following the completion of the transaction, the executive vice president owned 29,909 shares in the company, valued at approximately $8,299,747.50. This represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Humphrey sold 1,300 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $268.69, for a total transaction of $349,297.00. Following the completion of the transaction, the director owned 3,200 shares of the company’s stock, valued at approximately $859,808. The trade was a 28.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 9,660 shares of company stock worth $2,653,220. 1.60% of the stock is owned by company insiders.

About Enpro

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.