Entropy Technologies LP purchased a new stake in shares of Enpro Inc. (NYSE:NPO – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,593 shares of the industrial products company’s stock, valued at approximately $650,000.
A number of other institutional investors also recently modified their holdings of NPO. Cedar Mountain Advisors LLC bought a new stake in shares of Enpro during the 1st quarter worth $25,000. Salomon & Ludwin LLC raised its holdings in Enpro by 55.4% in the 4th quarter. Salomon & Ludwin LLC now owns 129 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 46 shares during the period. Trust Co. of Vermont acquired a new position in Enpro during the 4th quarter worth $32,000. Caitong International Asset Management Co. Ltd bought a new stake in Enpro during the fourth quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Enpro by 36.2% in the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 51 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.
Enpro Price Performance
Shares of Enpro stock opened at $296.48 on Thursday. The firm has a fifty day moving average price of $335.63 and a two-hundred day moving average price of $290.27. Enpro Inc. has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. 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 market cap of $6.26 billion, a PE ratio of 146.05, a price-to-earnings-growth ratio of 2.28 and a beta of 1.51.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the company. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. KeyCorp increased their target price on Enpro from $345.00 to $370.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. began coverage on Enpro in a report on Monday, July 20th. They issued an “overweight” rating and a $420.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $358.33.
Read Our Latest Stock Analysis on Enpro
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.
Featured Stories
- Five stocks we like better than Enpro
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding NPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enpro Inc. (NYSE:NPO – Free Report).
Receive News & Ratings for Enpro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enpro and related companies with MarketBeat.com's FREE daily email newsletter.
