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Enpro Inc. - NPO STOCK NEWS

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 Industries CFO, Milt Childress, plans to retire in 2024. The company has started the search for his successor and has hired Korn Ferry for support. Childress will remain in his role until a replacement is found. EnPro CEO expresses gratitude for Childress's contributions and believes the company is well-positioned for future success.
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EnPro Industries reports strong Q1 2023 results with sales of $282.6 million, up 4.6% YoY, and income from continuing operations of $26.0 million, up 118.5% YoY. Adjusted EBITDA increases 16.3% to $68.6 million. Sealing Technologies segment achieves record profitability. Full year 2023 guidance remains unchanged.
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EnPro Industries, Inc. (NYSE: NPO) is set to announce its financial results for the first quarter of 2023 on May 2 at 6:30 a.m. Eastern Time. CEO Eric Vaillancourt and CFO Milt Childress will host a conference call at 8:30 a.m. Eastern Time to discuss the company's performance. The call will be available via webcast and phone access (1-877-407-0832, access code: 13725737) approximately 10 minutes before the start. Financial results, along with a presentation, will be accessible on the company’s website. EnPro is a key player in industrial technology, focusing on sectors such as semiconductor, aerospace, and life sciences.

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EnPro Industries, Inc. (NYSE: NPO) will participate in the Sidoti Small Cap Conference on March 22, presenting at 11:30 a.m. Eastern Time. The presentation will be conducted by Milt Childress, Executive Vice President and CFO, and will be webcast on the company’s website at enproindustries.com.

EnPro specializes in industrial technology, serving various sectors such as semiconductor, aerospace, food and pharma, and life sciences. For further details, visit their website.

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EnPro Industries, Inc. (NYSE: NPO) has elected Ron Keating to its Board of Directors. Keating, the current CEO of Evoqua Water Technologies (NYSE: AQUA), brings extensive leadership experience, having led Evoqua since its inception in 2014 and navigating a successful IPO in 2017. His appointment follows the retirement of Bernard Burns, who has served on the board since 2011. Keating's election is effective upon EnPro's filing of its 2022 Form 10-K with the SEC, expected later this month. Chairman David Hauser emphasized Keating's successful track record and commitment to sustainability as key attributes that will benefit EnPro's long-term growth strategy.

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EnPro Industries, Inc. (NYSE: NPO) reported strong financial results for Q4 and FY 2022, with Q4 sales of $271.9 million (up 27.8%) and annual sales of $1.10 billion (up 30.8%). However, the company faced a significant loss of $57.5 million in Q4, largely due to a non-cash goodwill impairment charge. Adjusted EBITDA rose 39.4% to $53.4 million for Q4, while adjusted diluted EPS climbed 48.5% to $1.47. With a net leverage ratio of 1.8x, EnPro is positioned for growth, projecting revenue growth in the flat-to-low single digits and adjusted EBITDA between $248 million and $260 million for 2023.

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EnPro Industries (NYSE: NPO) announced a quarterly dividend increase to $0.29 per share, representing a 3.6% rise from the previous $0.28. This marks the eighth consecutive year of dividend increases since its initiation in 2015. The dividend will be paid on March 15, 2023, to shareholders on record as of the close on March 1, 2023. According to CEO Eric Vaillancourt, this decision reflects the company's robust business model and optimistic long-term outlook.

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EnPro Industries, Inc. (NYSE: NPO) will present at Gabelli’s 33rd Annual Pump, Valve & Water Systems Symposium on February 23 at 2:00 p.m. Eastern Time. Milt Childress, Executive Vice President and CFO, will lead the presentation. The event can be streamed on the company’s website here.

Enpro specializes in industrial technology across diverse sectors, including semiconductor, aerospace, food, and life sciences. For more details, visit their website.

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EnPro Industries, Inc. (NYSE: NPO) will announce its financial results for the fourth quarter and year ended December 31, 2022, on February 21, 2023, at 6:30 a.m. ET. CEO Eric Vaillancourt and CFO Milt Childress will host a conference call at 8:30 a.m. ET to discuss the results. The conference call will be accessible via phone and webcast, with the details available on their website. EnPro specializes in industrial technology across various sectors such as semiconductor and aerospace, focusing on critical applications.

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FAQ

What is the current stock price of Enpro (NPO)?

The current stock price of Enpro (NPO) is $184.22 as of November 22, 2024.

What is the market cap of Enpro (NPO)?

The market cap of Enpro (NPO) is approximately 3.9B.

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

3.88B
20.84M
0.72%
101.1%
1.49%
Specialty Industrial Machinery
Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose
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United States of America
CHARLOTTE