Legal & General Group Plc Sells 1,590 Shares of Enpro Inc. $NPO

Legal & General Group Plc lessened its holdings in shares of Enpro Inc. (NYSE:NPO) by 2.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,444 shares of the industrial products company’s stock after selling 1,590 shares during the period. Legal & General Group Plc owned 0.26% of Enpro worth $11,658,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Global Retirement Partners LLC grew its holdings in shares of Enpro by 1,051.0% during the fourth quarter. Global Retirement Partners LLC now owns 564 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 515 shares during the last quarter. Dana Investment Advisors Inc. grew its holdings 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 worth $2,008,000 after purchasing an additional 5,263 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 worth $4,968,000 after purchasing an additional 23,177 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Enpro by 36,070.1% during the fourth quarter. Bessemer Group Inc. now owns 105,255 shares of the industrial products company’s stock worth $22,540,000 after purchasing an additional 104,964 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Enpro by 284.6% during the fourth quarter. Allworth Financial LP now owns 300 shares of the industrial products company’s stock worth $64,000 after purchasing an additional 222 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

Enpro Price Performance

Enpro stock opened at $318.01 on Thursday. The business’s 50-day simple moving average is $287.75 and its 200 day simple moving average is $255.53. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 156.65, a P/E/G ratio of 2.31 and a beta of 1.55. Enpro Inc. has a 12-month low of $179.64 and a 12-month high of $326.98. 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 (NYSE:NPO) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 11.33% and a net margin of 3.70%.The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. As a group, research analysts anticipate that Enpro Inc. will post 9.14 earnings per share for the current year.

Enpro Announces Dividend

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

Analysts Set New Price Targets

NPO has been the topic of several research analyst reports. Oppenheimer increased their target price on Enpro from $240.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. KeyCorp increased their target price on Enpro from $310.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Weiss Ratings upgraded Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen cut Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $315.00.

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.