Gallo Partners LP Takes Position in Enpro Inc. $NPO

Gallo Partners LP bought a new position in shares of Enpro Inc. (NYSE:NPO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,650 shares of the industrial products company’s stock, valued at approximately $999,000. Enpro makes up about 2.2% of Gallo Partners LP’s portfolio, making the stock its 20th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in NPO. UBS Group AG raised its stake in shares of Enpro by 54.0% in the fourth quarter. UBS Group AG now owns 67,572 shares of the industrial products company’s stock worth $14,469,000 after purchasing an additional 23,705 shares during the last quarter. Dana Investment Advisors Inc. boosted its position in shares of Enpro by 128.0% during the fourth quarter. Dana Investment Advisors Inc. now owns 9,376 shares of the industrial products company’s stock valued at $2,008,000 after buying an additional 5,263 shares during the last quarter. Royce & Associates LP boosted its position in shares of Enpro by 7.5% during the fourth quarter. Royce & Associates LP now owns 258,577 shares of the industrial products company’s stock valued at $55,369,000 after buying an additional 18,143 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Enpro by 105,350.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 23,199 shares of the industrial products company’s stock valued at $4,968,000 after buying an additional 23,177 shares during the last quarter. Finally, California State Teachers Retirement System grew its holdings in Enpro by 30.3% during the first quarter. California State Teachers Retirement System now owns 25,701 shares of the industrial products company’s stock worth $6,442,000 after buying an additional 5,972 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. started coverage on shares of Enpro in a report on Monday, July 20th. They set an “overweight” rating and a $420.00 price objective on the stock. KeyCorp upped their target price on shares of Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Zacks Research upgraded shares of Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $358.33.

Enpro Stock Down 0.0%

NPO opened at $312.49 on Monday. Enpro Inc. has a twelve month low of $202.00 and a twelve month high of $390.42. The company’s 50-day moving average price is $339.79 and its two-hundred day moving average price is $301.23. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 152.43, a PEG ratio of 2.18 and a beta of 1.54. The company has a quick ratio of 1.43, a current ratio of 2.28 and a debt-to-equity ratio of 0.36.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.18. The company had revenue of $338.80 million during the quarter, compared to analyst estimates of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. Enpro’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, equities analysts expect that Enpro Inc. will post 9.55 earnings per share for the current year.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued 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, September 2nd. Enpro’s dividend payout ratio is 62.44%.

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.