Enpro (NYSE:NPO) Price Target Lowered to $190.00 at KeyCorp

Enpro (NYSE:NPO) had its price objective dropped by research analysts at KeyCorp from $230.00 to $190.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. KeyCorp’s price target points to a potential upside of 22.12% from the company’s previous close.

A number of other equities research analysts also recently commented on NPO. Oppenheimer lifted their target price on Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. StockNews.com lowered shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Enpro Trading Up 13.3 %

Shares of NPO stock opened at $155.59 on Tuesday. The company has a current ratio of 2.59, a quick ratio of 2.00 and a debt-to-equity ratio of 0.44. Enpro has a twelve month low of $133.50 and a twelve month high of $214.58. The company’s 50-day moving average price is $176.81 and its 200-day moving average price is $172.29. The stock has a market cap of $3.27 billion, a price-to-earnings ratio of 44.97 and a beta of 1.46.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Wednesday, February 19th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.10. The business had revenue of $258.40 million during the quarter, compared to analysts’ expectations of $250.10 million. Enpro had a net margin of 6.95% and a return on equity of 10.25%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.19 EPS. As a group, equities analysts predict that Enpro will post 7.38 earnings per share for the current year.

Insider Buying and Selling

In other Enpro news, CAO Steven R. Bower sold 997 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $199.66, for a total transaction of $199,061.02. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Enpro

Large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its stake in shares of Enpro by 31,373.0% in the first quarter. GAMMA Investing LLC now owns 80,571 shares of the industrial products company’s stock worth $13,036,000 after acquiring an additional 80,315 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Enpro by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,597 shares of the industrial products company’s stock worth $1,310,000 after purchasing an additional 84 shares in the last quarter. Azzad Asset Management Inc. ADV grew its stake in Enpro by 3.5% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 8,311 shares of the industrial products company’s stock worth $1,433,000 after purchasing an additional 280 shares in the last quarter. Toronto Dominion Bank purchased a new stake in Enpro during the 4th quarter worth about $3,139,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Enpro by 18.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 58,744 shares of the industrial products company’s stock valued at $10,130,000 after purchasing an additional 9,058 shares in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

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.