1,378 Shares in Enpro Inc. (NYSE:NPO) Bought by Ellevest Inc.

Ellevest Inc. purchased a new stake in Enpro Inc. (NYSE:NPO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,378 shares of the industrial products company’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. OFI Invest Asset Management acquired a new stake in shares of Enpro in the fourth quarter valued at about $60,000. Canada Pension Plan Investment Board acquired a new position in shares of Enpro during the 4th quarter worth approximately $69,000. Sterling Capital Management LLC raised its stake in shares of Enpro by 786.6% during the 4th quarter. Sterling Capital Management LLC now owns 594 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 527 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Enpro by 386.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 647 shares of the industrial products company’s stock valued at $111,000 after buying an additional 514 shares during the last quarter. Finally, KBC Group NV grew its stake in shares of Enpro by 34.2% in the fourth quarter. KBC Group NV now owns 891 shares of the industrial products company’s stock valued at $154,000 after buying an additional 227 shares in the last quarter. 98.31% of the stock is owned by institutional investors.

Enpro Trading Down 3.3 %

Shares of Enpro stock opened at $174.34 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.59 and a quick ratio of 2.00. The business has a fifty day simple moving average of $159.78 and a two-hundred day simple moving average of $171.46. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $214.58. The company has a market capitalization of $3.67 billion, a price-to-earnings ratio of 50.39 and a beta of 1.51.

Enpro (NYSE:NPO) last posted its earnings results on Tuesday, May 6th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.33. Enpro had a net margin of 6.95% and a return on equity of 10.25%. The company had revenue of $273.20 million during the quarter, compared to analysts’ expectations of $266.23 million. During the same quarter last year, the company posted $1.57 EPS. Enpro’s quarterly revenue was up 6.1% compared to the same quarter last year. Research analysts forecast that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $0.31 per share. The ex-dividend date is Wednesday, June 4th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.71%. Enpro’s dividend payout ratio (DPR) is currently 35.84%.

Insider Buying and Selling

In other Enpro news, CAO Steven R. Bower sold 997 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total transaction of $199,061.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have issued reports on NPO. KeyCorp dropped their price target on shares of Enpro from $230.00 to $190.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Sidoti upgraded shares of Enpro to a “strong-buy” rating in a research note on Wednesday, April 23rd.

About Enpro

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.