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NPO $173.22

NPO target price
173.22
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EnPro Industries, Inc.
Type
Public
Traded as NYSE: NPO
S&P 600 Component
Industry Manufacturing
Predecessor Goodrich Corporation
Coltec Industries
Founded 2001
Headquarters Charlotte, North Carolina, United States
Area served
Worldwide
Key people
Stephen E. Macadam (President, Chief Executive Officer and Director)
Number of employees
4,500
Website www.enproindustries.com

EnPro Industries, Inc. is an American industrial conglomerate, through its various divisions and subsidiaries it provides engineered industrial products for critical applications in a wide range of industries. Its businesses manufacture sealing and other high-performance products, plain bearings and diesel engines. Businesses operated by EnPro Industries include Compressor Products International, Fairbanks Morse Engine, Garlock Sealing Technologies, GGB Bearing Technology, Technetics Group and STEMCO.

The company serves industries such as aerospace, power generation, heavy-duty trucking, mining, oil and gas, chemical processing, pulp and paper, and pharmaceutical from 61 primary manufacturing facilities located in 12 countries, worldwide.

On May 31, 2002, Goodrich Corporation (now UTC Aerospace Systems) spun off its Engineered Industrial Products business segment into a new company, named EnPro Industries, Inc. The spinoff consisted of businesses that were originally owned by Coltec Industries, which had been purchased by Goodrich in 1998. The businesses included in the spinoff were: Garlock Sealing Technologies, GGB Bearing Technology, STEMCO, Fairbanks Morse Engine and Quincy Compressor (which was sold to Atlas Copco in 2010). Asbestos liability was limited by complicate tax manipulation, Joseph Andolino was one of the architects.

Since the formation of EnPro Industries, the company has acquired a number of companies that are focused on engineered industrial products.

EnPro Industries’ businesses are organized into the following operating units:

Compressor Products International designs, manufactures and services components for reciprocating compressors and engines. These components include packing and wiper assemblies and rings, piston and rider rings, compressor valve assemblies, divider block valves, compressor monitoring systems, lubrication systems and related components. Its products are mainly used in the refining, petrochemical, natural gas and general industrial markets.

Fairbanks Morse Engine manufactures heavy-duty, medium speed diesel, natural gas and dual-fuel reciprocating engines. The engines are used for marine propulsion, power generation, and pump and compressor applications primarily by government entities and general industrial organizations. Fairbanks Morse Engine has supplied engines to the U.S. Navy for more than 70 years.

The Garlock family of companies includes Garlock Sealing Technologies, Garlock Rubber, and GPT. Together the Garlock family of companies is a leading global producer of sealing products, including gasketing, flanges, conveyor belts, sheet rubber, expansion joints and compression packings.

GGB produces self-lubricating, non-rolling, metal polymer, solid polymer and filament-wound bearing products and aluminum bushing blocks for hydraulic applications. Its products are used in a wide variety of industries, including automotive, pump and compressor, construction, power generation and general industrial.

STEMCO manufactures a variety of high-performance wheel-end, steering, suspension and braking components used by the heavy-duty trucking industry. Its products are generally used on commercial tractor-trailers and include hub oil seals, axle fasteners, hub caps, wheel bearings, mileage counters, king pin kits, suspension kits, brake friction, lightweight brake drums, foundation brake parts and automatic brake adjusters.

Technetics Group manufactures engineered seals, components, assemblies and sub-systems that are designed for high-performance or extreme applications in the semi-conductor, aerospace, power generation, nuclear, oil and gas, medical and pharmaceutical industries. Applications include sealing solutions for nuclear reactor pressure vessels, downhole oil and gas drilling assemblies, jet engines and clean room environments.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-01 Future report Set alerts
Q2 2022 2022-08-02 2.32 2.32
Q1 2022 2022-05-02 1.83 1.83
Q4 2021 2022-02-22 1.23 1.23
Q3 2021 2021-11-05 1.40 1.40
Q2 2021 2021-08-03 1.56 1.56
Q1 2021 2021-05-07 1.37 1.37
Q4 2020 2021-02-23 1.24 1.24
Q3 2020 2020-11-03 0.00 0.00
Q2 2020 2020-08-04 0.54 -0.16

Ratings

2016-05-08 Reiterated Rating Oppenheimer Buy
2016-05-08 Reiterated Rating Oppenheimer Holdings Inc. Buy
2016-03-21 Reiterated Rating Oppenheimer Outperform $85.00
2015-11-02 Upgrade KeyBanc Hold to Buy
2015-11-02 Upgrade KeyCorp Hold to Buy
2015-10-02 Upgrade Sidoti Neutral to Buy
2015-09-23 Lower Price Target Sidoti Neutral $55.00 to $52.00
2015-07-29 Upgrade Gabelli Hold to Buy
2015-04-26 Reiterated Rating Oppenheimer Outperform $92.00
2015-04-13 Initiated Coverage Gabelli Hold $84.00
2015-02-11 Upgrade KeyBanc Hold to Buy $75.00
2014-12-18 Downgrade Sidoti Buy to Neutral
2014-09-18 Reiterated Rating Oppenheimer Outperform
2014-08-01 Downgrade KeyBanc Buy to Hold
2014-01-22 Reiterated Rating Sidoti Buy
2014-01-13 Upgrade CL King Neutral to Buy
2014-01-13 Boost Price Target Oppenheimer Outperform $65.00 to $92.00
2013-10-07 Initiated Coverage Ned Davis Research Neutral
2013-03-07 Initiated Ascendiant Capital Markets Neutral
2012-05-04 Reiterated Rodman & Renshaw Mkt Outperform $47 to $50
2012-03-21 Initiated Capstone Investments Buy $48
2011-10-13 Initiated Rodman & Renshaw Mkt Outperform $47
2011-06-17 Initiated Oppenheimer Outperform $57
2010-10-27 Initiated Hudson Securities Buy $43
2008-10-30 Downgrade CL King Accumulate to Neutral
2008-08-05 Upgrade CL King Neutral to Accumulate $41
2007-10-01 Downgrade Ferris Baker Watts Buy to Neutral
2007-08-09 Upgrade Ferris Baker Watts Neutral to Buy $42
2016-05-08 Reiterated Rating Oppenheimer Buy
2016-05-08 Reiterated Rating Oppenheimer Holdings Inc. Buy
2016-03-21 Reiterated Rating Oppenheimer Outperform $85.00
2015-11-02 Upgrade KeyBanc Hold to Buy
2015-11-02 Upgrade KeyCorp Hold to Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Macadam Stephen E. President and CEO 0.90%  (216947) AXLL / NPO / VVV /
MAGEE RICHARD L Senior Vice President 0.30%  (71705) NPO /
Cox Jon A. division president 0.16%  (38159) NPO /
Herold Dale A division president 0.14%  (34687) NPO /
Childress John M II VP Strategic Planning&Bus 0.13%  (31626) NPO /
Gioffredi Anthony R. division president 0.12%  (27742) NPO /
Walker Kenneth D division president 0.11%  (26896) NPO /
McLean Robert Savage VP, GC and Secretary 0.09%  (21617) NPO /
Hudon Gilles division president 0.06%  (15336) NPO /
Riley Marvin division president 0.05%  (12184) NPO /
Vaillancourt Eric A. division president 0.05%  (10889) NPO /
Pease Alexander W Senior Vice President 0.04%  (9634) COMM / LNCE / NPO /
McKinney Robert P. VP, Human Resources 0.04%  (8830) NPO /
Rickers Jon D. SVP, HR 0.03%  (7215) NPO /
Anderson Todd L division president 0.03%  (7052) NPO /
Burns B. Bernard Jr. 0.03%  (6025) NPO /
O'Neal William C. VP, Strategy & Corp Dev. 0.02%  (4769) NPO /
Burnett David S. Treasurer 0.02%  (4273) NPO /
Favenesi William A. division president 0.02%  (3851) NPO /
Marushak Cynthia A Vice President, Talent & Org. 0.02%  (3653) NPO /
HARNETT GORDON D 0.01%  (2860) AYI / NPO / POL /
Sweeney Susan E division president 0.01%  (2127) NPO /
Bower Steven R. VP, Controller and CAO 0.01%  (2000) NPO /
Humphrey John 0.01%  (1800) NPO / ROP /
van der Graaf Kees 0.01%  (1200) NPO /