Enpro Inc. $NPO Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. increased its stake in Enpro Inc. (NYSE:NPO) by 18.2% during the 1st quarter, HoldingsChannel reports. The firm owned 124,435 shares of the industrial products company’s stock after acquiring an additional 19,180 shares during the period. Bessemer Group Inc.’s holdings in Enpro were worth $31,190,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. M&T Bank Corp acquired a new position in shares of Enpro during the fourth quarter valued at $8,935,000. JPMorgan Chase & Co. grew its position in shares of Enpro by 16.3% during the third quarter. JPMorgan Chase & Co. now owns 90,239 shares of the industrial products company’s stock worth $20,394,000 after acquiring an additional 12,651 shares during the last quarter. Congress Asset Management Co. increased its holdings in shares of Enpro by 7.3% in the 4th quarter. Congress Asset Management Co. now owns 376,272 shares of the industrial products company’s stock worth $80,571,000 after acquiring an additional 25,715 shares during the period. UBS Group AG increased its holdings in shares of Enpro by 54.0% in the 4th quarter. UBS Group AG now owns 67,572 shares of the industrial products company’s stock worth $14,469,000 after acquiring an additional 23,705 shares during the period. Finally, Dana Investment Advisors Inc. lifted its position in Enpro by 128.0% in the 4th quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock valued at $2,008,000 after purchasing an additional 5,263 shares during the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Analysts Set New Price Targets

NPO has been the subject of a number of analyst reports. Weiss Ratings lowered shares of Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. KeyCorp raised their price target on shares of Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $327.50.

Enpro Trading Down 0.2%

NYSE:NPO opened at $322.68 on Friday. Enpro Inc. has a 1 year low of $199.73 and a 1 year high of $390.42. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 158.96, a PEG ratio of 2.35 and a beta of 1.51. The business has a fifty day moving average of $333.26 and a 200-day moving average of $283.88. 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 (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 analysts’ consensus estimates of $2.08 by $0.06. The business had revenue of $303.00 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the business earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities analysts predict that Enpro Inc. will post 9.14 earnings per share for the current year.

Enpro Announces Dividend

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

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.