State of Wyoming Makes New $1.37 Million Investment in Enpro Inc. $NPO

State of Wyoming purchased a new position in Enpro Inc. (NYSE:NPO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,626 shares of the industrial products company’s stock, valued at approximately $1,367,000.

Other institutional investors also recently modified their holdings of the company. Wasatch Advisors LP raised its stake in Enpro by 8.2% during the third 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 during the last quarter. Invesco Ltd. boosted its position in Enpro by 7.4% during the fourth quarter. Invesco Ltd. now owns 886,043 shares of the industrial products company’s stock valued at $189,728,000 after acquiring an additional 60,704 shares during the last quarter. Geode Capital Management LLC grew its holdings in 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 during the period. Alliancebernstein L.P. grew its holdings in Enpro by 1,651.9% during the 2nd quarter. Alliancebernstein L.P. now owns 409,798 shares of the industrial products company’s stock worth $78,497,000 after acquiring an additional 386,406 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Enpro by 32.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 350,948 shares of the industrial products company’s stock worth $75,149,000 after acquiring an additional 85,667 shares in the last quarter. 98.31% of the stock is owned by institutional investors.

Enpro Trading Up 2.0%

NPO opened at $342.88 on Friday. Enpro Inc. has a 1-year low of $202.00 and a 1-year high of $390.42. The company has a current ratio of 2.28, a quick ratio of 1.43 and a debt-to-equity ratio of 0.36. The company has a market cap of $7.26 billion, a P/E ratio of 167.26, a price-to-earnings-growth ratio of 2.40 and a beta of 1.54. The company has a fifty day moving average price of $340.33 and a two-hundred day moving average price of $297.83.

Enpro (NYSE:NPO) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. The company had revenue of $338.80 million for the quarter, compared to analysts’ expectations of $323.68 million. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.25 EPS. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Analysts predict that Enpro Inc. will post 9.55 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be paid a dividend of $0.32 per share. 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, September 2nd. Enpro’s dividend payout ratio is 62.44%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on NPO shares. Weiss Ratings downgraded Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. KeyCorp lifted their target price on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. JPMorgan Chase & Co. initiated coverage on Enpro in a research note on Monday, July 20th. They issued an “overweight” rating and a $420.00 price target on the stock. Finally, Zacks Research upgraded Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $358.33.

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.