Welcome to our dedicated page for Enpro news (Ticker: NPO), a resource for investors and traders seeking the latest updates and insights on Enpro stock.
Enpro Inc. (symbol: NPO) is a diversified manufacturer dedicated to creating proprietary engineered products for critical applications. The company's core businesses include sealing technologies, metal polymer and filament wound bearings, and components and services for reciprocating compressors, diesel, and dual-fuel engines. Enpro Inc. is a global leader in these domains, providing solutions that cater to industries worldwide.
Headquartered in the United States, Enpro Inc. operates through three primary segments:
- Sealing Technologies: This segment manufactures and markets a variety of sealing products, including industrial gaskets and wheel-end components and systems.
- Bearings and Engineered Products: Known for their high-quality metal polymer and filament wound bearings, as well as components for reciprocating compressors and engines.
- Advanced Surface Technologies: This segment focuses on manufacturing wafer processing sub-systems, thin-film coatings, and optical filters, along with services such as cleaning, coating, testing, and refurbishment.
Enpro Inc. has a strong global presence, operating manufacturing facilities in North and South America, Europe, and Asia. The company employs over 5,000 people worldwide and serves more than 50,000 customers in over 100 countries.
Among the notable businesses in the Enpro family are:
- Garlock: Known worldwide for its industrial gaskets and sealing systems.
- GGB: The world's largest manufacturer of self-lubricated, marginally lubricated, and fully lubricated plain bearings.
- Stemco: A leading name in wheel-end components and a growing manufacturer of brake products for the medium- and heavy-duty truck and trailer markets.
- Techneti: Specializes in advanced surface technologies that enhance the performance and longevity of mechanical systems.
Enpro Inc. is committed to innovation and excellence, continuously advancing its product offerings to meet the evolving needs of its diverse customer base. The company's financial condition remains robust, bolstered by strategic partnerships and ongoing projects aimed at driving growth and sustainability.
Stay updated with the latest news and developments about Enpro Inc. to understand how the company is shaping the future of engineered industrial products.
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Enpro Inc. (NYSE: NPO) will participate in the Sidoti Spring Small Cap Conference on March 13, 2024. Executives will present virtually at 9:15 a.m. Eastern Time. Webcast available on the company's website.
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McNally Capital announces the completion of the sale of Advanced Micro Instruments, Inc. to Enpro Inc. The sale marks the fifth realized portfolio company for McNally Capital, showcasing their focus on industrial technology investments.
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Enpro Inc. (NPO) reports financial results for 2023, with sales declining but improved GAAP income, diluted earnings per share, and guidance for 2024. The company completed the acquisition of Advanced Micro Instruments, Inc. and maintains a strong balance sheet.
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Enpro Inc. (NYSE: NPO) announces a 3.4% increase in quarterly dividend to $0.30 per share, marking the ninth consecutive year of dividend growth since 2015. The dividend is payable on March 20, 2024, reflecting the company's strong balance sheet and positive long-term outlook.
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Enpro Inc. (NYSE: NPO) to participate in Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium. Milt Childress, EVP, and CFO, to present virtually on February 22 at 2:15 p.m. Eastern Time.
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Enpro Inc. (NPO) will release financial results for Q4 and year-end 2023 on February 20, 2023. The conference call will be hosted by President and CEO, Eric Vaillancourt, and CFO, Milt Childress. The webcast and slide presentation will be available on the company's website.
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Enpro Inc. (NYSE: NPO) has completed the acquisition of Advanced Micro Instruments, Inc. (AMI), a leading provider of analyzers and sensing technologies. The acquisition was funded using available cash and is expected to enhance Enpro's Sealing Technologies segment, contributing to revenue growth and profitability.
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Enpro Inc. (NPO) announced the appointment of Joe Bruderek as Executive Vice President, Finance, and Chief Financial Officer effective April 1, 2024, following the retirement of J. Milton 'Milt' Childress II. Bruderek brings two decades of experience as a strategic financial leader, most recently serving as Vice President, Commodities and Corporate Strategy of Momentive Performance Materials Inc. Enpro's President and CEO, Eric Vaillancourt, expressed excitement about Bruderek's appointment, highlighting his proven track record of driving profitability and financial discipline. Bruderek also expressed his honor to join the company and support its strategic initiatives, further strengthening its financial profile and continuing its disciplined growth strategy.
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McNally Capital and AMI Management Team to Sell Leading Analyzer and Sensor Manufacturer to Enpro CHICAGO. McNally Capital (McNally) has entered into a signed purchase agreement for the sale of Advanced Micro Instruments, Inc. (AMI) to Enpro Inc. (NYSE: NPO). AMI is a leading provider of highly engineered, application-specific analyzers and sensing technologies that monitor critical parameters. The company serves customers in various markets, offers a portfolio of analyzers and proprietary sensing capabilities, and has experienced meaningful growth through its partnership with McNally Capital. The transaction is expected to close in early 2024.
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Enpro Inc. (NYSE: NPO) has entered into a definitive agreement to acquire Advanced Micro Instruments, Inc. (AMI) for $210 million in cash, representing a valuation of approximately 13x normalized 2023 EBITDA. AMI, a leading provider of highly-engineered, application-specific analyzers and sensing technologies, serves customers in various markets including midstream natural gas, biogas, industrial processing, cryogenics, food processing, laboratory, wastewater, and aerospace. The acquisition is expected to be accretive to segment revenue growth and profitability, in addition to Enpro’s adjusted diluted earnings per share.
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FAQ
What is the current stock price of Enpro (NPO)?
The current stock price of Enpro (NPO) is $174.34 as of November 20, 2024.
What is the market cap of Enpro (NPO)?
The market cap of Enpro (NPO) is approximately 3.6B.
What does Enpro Inc. do?
Enpro Inc. manufactures proprietary engineered products for critical applications, including sealing technologies, bearings, and components for compressors and engines.
What are the main segments of Enpro Inc.?
Enpro Inc. operates through three main segments: Sealing Technologies, Bearings and Engineered Products, and Advanced Surface Technologies.
Where does Enpro Inc. operate?
Enpro Inc. operates manufacturing facilities in North and South America, Europe, and Asia, serving customers in over 100 countries.
How many employees does Enpro Inc. have?
Enpro Inc. employs over 5,000 people worldwide.
What companies are part of the Enpro family?
The Enpro family includes Garlock, GGB, Stemco, and Techneti.
What products does the Sealing Technologies segment offer?
The Sealing Technologies segment offers industrial gaskets, sealing products, and wheel-end components and systems.
What does the Advanced Surface Technologies segment specialize in?
The Advanced Surface Technologies segment focuses on wafer processing sub-systems, thin-film coatings, and optical filters, as well as cleaning, coating, testing, and refurbishment services.
Who are the main customers of Enpro Inc.?
Enpro Inc. serves over 50,000 customers in various industries across more than 100 countries.
What makes Enpro Inc. a leader in its industry?
Enpro Inc. is a leader due to its innovative proprietary engineered products, global reach, and commitment to quality and customer satisfaction.
How can I stay updated on Enpro Inc. news?
You can stay updated on Enpro Inc. news by following the latest updates and developments about the company on various financial news platforms and the company's website.
Enpro Inc.
NYSE:NPO
NPO Rankings
NPO Stock Data
3.63B
20.84M
0.72%
101.1%
1.49%
Specialty Industrial Machinery
Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose
United States of America
CHARLOTTE