1,775 Shares in Enpro Inc. $NPO Purchased by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. acquired a new position in shares of Enpro Inc. (NYSE:NPO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,775 shares of the industrial products company’s stock, valued at approximately $340,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Maseco LLP acquired a new stake in Enpro during the second quarter worth about $36,000. UMB Bank n.a. increased its position in Enpro by 57.7% during the second quarter. UMB Bank n.a. now owns 328 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 120 shares during the last quarter. GAMMA Investing LLC increased its position in Enpro by 94.5% during the first quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company’s stock worth $81,000 after purchasing an additional 242 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Enpro during the first quarter worth about $115,000. Finally, Farther Finance Advisors LLC increased its position in Enpro by 205.4% during the second quarter. Farther Finance Advisors LLC now owns 910 shares of the industrial products company’s stock worth $174,000 after purchasing an additional 612 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NPO shares. Zacks Research cut shares of Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. KeyCorp lifted their price target on shares of Enpro from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Oppenheimer lifted their price target on shares of Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Enpro in a research report on Saturday. Finally, Wall Street Zen cut shares of Enpro from a “buy” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $245.00.

Enpro Stock Up 0.6%

Shares of Enpro stock opened at $233.12 on Monday. Enpro Inc. has a 52-week low of $133.50 and a 52-week high of $236.07. The company has a 50 day moving average of $224.09 and a 200 day moving average of $199.64. The company has a quick ratio of 1.65, a current ratio of 2.49 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $4.91 billion, a P/E ratio of 58.28, a P/E/G ratio of 2.33 and a beta of 1.57.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.05). Enpro had a return on equity of 10.49% and a net margin of 7.83%.The firm had revenue of $288.10 million during the quarter, compared to analysts’ expectations of $283.83 million. During the same quarter in the prior year, the firm earned $2.08 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. As a group, research analysts forecast that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, September 3rd. Enpro’s payout ratio is currently 31.00%.

Insider Buying and Selling at Enpro

In other news, EVP Robert Savage Mclean sold 2,541 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $223.77, for a total transaction of $568,599.57. Following the completion of the sale, the executive vice president owned 29,116 shares in the company, valued at approximately $6,515,287.32. The trade was a 8.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

About Enpro

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.