Enpro (NYSE:NPO) Price Target Raised to $215.00

Enpro (NYSE:NPO) had its target price upped by investment analysts at Oppenheimer from $170.00 to $215.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Oppenheimer’s price target would suggest a potential upside of 14.85% from the company’s previous close.

Several other analysts also recently weighed in on NPO. KeyCorp boosted their price target on shares of Enpro from $180.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. StockNews.com upgraded Enpro from a “hold” rating to a “buy” rating in a research note on Tuesday, December 10th.

Enpro Price Performance

Enpro stock opened at $187.20 on Monday. The company’s 50 day moving average price is $169.28 and its two-hundred day moving average price is $159.33. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.43. Enpro has a 52 week low of $136.68 and a 52 week high of $197.94. The stock has a market cap of $3.93 billion, a P/E ratio of 72.84 and a beta of 1.49.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.13). Enpro had a net margin of 5.20% and a return on equity of 9.71%. The business had revenue of $260.90 million during the quarter, compared to the consensus estimate of $264.47 million. During the same period last year, the firm earned $1.58 EPS. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. On average, equities analysts predict that Enpro will post 6.89 earnings per share for the current year.

Insider Transactions at Enpro

In other Enpro news, CAO Steven R. Bower sold 300 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $162.50, for a total transaction of $48,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 130 shares of the company’s stock, valued at approximately $21,125. This trade represents a 69.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Enpro

A number of institutional investors have recently modified their holdings of NPO. Innealta Capital LLC acquired a new position in Enpro in the 2nd quarter valued at $48,000. GAMMA Investing LLC lifted its position in shares of Enpro by 168.1% during the third quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 200 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Enpro by 357.4% in the third quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock worth $85,000 after acquiring an additional 411 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Enpro during the 3rd quarter worth about $99,000. Finally, KBC Group NV raised its holdings in Enpro by 24.3% in the third quarter. KBC Group NV now owns 664 shares of the industrial products company’s stock valued at $108,000 after acquiring an additional 130 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Company Profile

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.