Swiss National Bank Has $6.31 Million Holdings in Enpro Inc. (NYSE:NPO)

Swiss National Bank lessened its stake in shares of Enpro Inc. (NYSE:NPO) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,900 shares of the industrial products company’s stock after selling 500 shares during the quarter. Swiss National Bank owned about 0.19% of Enpro worth $6,309,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in NPO. Opal Wealth Advisors LLC acquired a new stake in Enpro in the 2nd quarter worth approximately $29,000. Innealta Capital LLC bought a new stake in shares of Enpro during the 2nd quarter worth $48,000. GAMMA Investing LLC boosted its holdings in shares of Enpro by 168.1% during the 3rd quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock worth $52,000 after buying an additional 200 shares during the period. Blue Trust Inc. grew its stake in Enpro by 357.4% in the 3rd quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock valued at $85,000 after buying an additional 411 shares during the last quarter. Finally, KBC Group NV raised its holdings in Enpro by 24.3% in the 3rd quarter. KBC Group NV now owns 664 shares of the industrial products company’s stock worth $108,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 98.31% of the company’s stock.

Insider Activity at Enpro

In related news, CAO Steven R. Bower sold 300 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $162.50, for a total value 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 $21,125. This trade represents a 69.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

Enpro Stock Performance

NPO opened at $187.65 on Wednesday. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.43. The stock’s 50 day moving average price is $159.74 and its two-hundred day moving average price is $154.87. The firm has a market capitalization of $3.94 billion, a P/E ratio of 73.02 and a beta of 1.41. Enpro Inc. has a 12-month low of $126.71 and a 12-month high of $190.32.

Enpro (NYSE:NPO) last announced its quarterly earnings data 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). The company had revenue of $260.90 million during the quarter, compared to analyst estimates of $264.47 million. Enpro had a return on equity of 9.71% and a net margin of 5.20%. The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.58 EPS. On average, equities analysts forecast that Enpro Inc. will post 6.89 earnings per share for the current year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Wednesday, December 4th. Enpro’s dividend payout ratio is currently 46.69%.

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.