Cookson Peirce & Co. Inc. Acquires 1,774 Shares of Enpro Inc. $NPO

Cookson Peirce & Co. Inc. increased its holdings in shares of Enpro Inc. (NYSE:NPO) by 31.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,425 shares of the industrial products company’s stock after purchasing an additional 1,774 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Enpro were worth $1,590,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of NPO. State of Wyoming grew its stake in shares of Enpro by 27.4% during the 4th quarter. State of Wyoming now owns 3,045 shares of the industrial products company’s stock worth $652,000 after acquiring an additional 655 shares in the last quarter. Lido Advisors LLC grew its stake in shares of Enpro by 2.6% during the 4th quarter. Lido Advisors LLC now owns 1,799 shares of the industrial products company’s stock worth $402,000 after acquiring an additional 45 shares in the last quarter. Mccarter Private Wealth Services LLC bought a new position in shares of Enpro during the 4th quarter worth approximately $328,000. Goldman Sachs Group Inc. grew its stake in shares of Enpro by 24.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 264,411 shares of the industrial products company’s stock worth $56,618,000 after acquiring an additional 52,773 shares in the last quarter. Finally, Geode Capital Management LLC grew 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 worth $112,840,000 after acquiring an additional 16,772 shares in the last quarter. 98.31% of the stock is owned by institutional investors.

Enpro Trading Up 0.1%

NPO stock opened at $312.37 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.20 and a quick ratio of 1.40. The company has a fifty day moving average price of $290.08 and a two-hundred day moving average price of $257.05. Enpro Inc. has a one year low of $179.64 and a one year high of $326.98. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 153.88, a price-to-earnings-growth ratio of 2.28 and a beta of 1.55.

Enpro (NYSE:NPO) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. Enpro had a return on equity of 11.33% and a net margin of 3.70%.The company had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. During the same quarter last year, the firm earned $1.90 earnings per share. The company’s revenue was up 10.9% on a year-over-year basis. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. Equities analysts anticipate that Enpro Inc. will post 9.14 EPS for the current year.

Enpro Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on NPO shares. Oppenheimer raised their target price on shares of Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. KeyCorp raised their target price on shares of Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Enpro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. 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, Enpro currently has a consensus rating of “Moderate Buy” and an average price target 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.