UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $22.20 Million Stake in Enpro Inc. $NPO

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in Enpro Inc. (NYSE:NPO) by 3.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,901 shares of the industrial products company’s stock after selling 1,910 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.28% of Enpro worth $22,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. purchased a new position in Enpro during the second quarter valued at approximately $1,268,036,000. Wasatch Advisors LP lifted its position in Enpro by 8.2% in the 3rd quarter. Wasatch Advisors LP now owns 1,153,237 shares of the industrial products company’s stock worth $260,632,000 after buying an additional 87,446 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Enpro by 7.4% during the 4th quarter. Invesco Ltd. now owns 886,043 shares of the industrial products company’s stock valued at $189,728,000 after buying an additional 60,704 shares during the period. Geode Capital Management LLC boosted its stake in shares of Enpro by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 526,889 shares of the industrial products company’s stock valued at $112,840,000 after buying an additional 16,772 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in shares of Enpro by 1,651.9% during the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock valued at $78,497,000 after acquiring an additional 386,406 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Trading Up 0.5%

Shares of NPO stock opened at $296.72 on Friday. The firm has a market capitalization of $6.28 billion, a P/E ratio of 144.74, a price-to-earnings-growth ratio of 2.06 and a beta of 1.55. Enpro Inc. has a 1 year low of $202.00 and a 1 year high of $390.42. The firm’s fifty day simple moving average is $325.29 and its 200 day simple moving average is $303.37. The company has a current ratio of 2.28, a quick ratio of 1.43 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 for the quarter, beating analysts’ consensus estimates of $2.32 by $0.18. The business 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 revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.25 earnings per share. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. As a group, sell-side analysts predict that Enpro Inc. will post 9.55 EPS for the current year.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s dividend payout ratio (DPR) is currently 62.44%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NPO shares. KeyCorp upped their price target 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. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Zacks Research upgraded Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. assumed coverage on Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $358.33.

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.