Elevation Point Wealth Partners LLC Purchases Shares of 1,567 Enpro Inc. $NPO

Elevation Point Wealth Partners LLC bought a new stake in Enpro Inc. (NYSE:NPOFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,567 shares of the industrial products company’s stock, valued at approximately $393,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC lifted its stake in Enpro by 55.4% during the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 46 shares during the period. Trust Co. of Vermont acquired a new stake in shares of Enpro in the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Enpro during the fourth quarter worth $33,000. EverSource Wealth Advisors LLC lifted its position in Enpro by 36.2% during the second 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 during the period. Finally, Strategic Advocates LLC purchased a new stake in Enpro in the third quarter valued at $45,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on NPO. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 15th. KeyCorp boosted their price objective on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Enpro currently has an average rating of “Moderate Buy” and an average price target of $315.00.

View Our Latest Report on Enpro

Enpro Trading Down 1.0%

Shares of NPO opened at $320.26 on Thursday. The firm’s fifty day moving average is $328.93 and its two-hundred day moving average is $279.04. The stock has a market cap of $6.77 billion, a PE ratio of 157.77, a price-to-earnings-growth ratio of 2.36 and a beta of 1.51. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39. Enpro Inc. has a 52-week low of $198.25 and a 52-week high of $390.42.

Enpro (NYSE:NPOGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.06. The firm had revenue of $303.00 million for the quarter, compared to the consensus estimate 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 period last year, the firm posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Research analysts forecast that Enpro Inc. will post 9.14 earnings per share for the current fiscal year.

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were given a $0.32 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s dividend payout ratio is 63.05%.

Enpro Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Enpro (NYSE:NPO)

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