Enpro Inc. (NYSE:NPO) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC lowered its position in Enpro Inc. (NYSE:NPO) by 4.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,825 shares of the industrial products company’s stock after selling 1,605 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Enpro were worth $5,316,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NPO. Neuberger Berman Group LLC boosted its holdings in Enpro by 23.2% in the fourth quarter. Neuberger Berman Group LLC now owns 537,660 shares of the industrial products company’s stock valued at $92,719,000 after purchasing an additional 101,257 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Enpro during the fourth quarter worth approximately $11,067,000. Barclays PLC grew its position in shares of Enpro by 115.6% during the third quarter. Barclays PLC now owns 60,694 shares of the industrial products company’s stock worth $9,845,000 after buying an additional 32,544 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Enpro by 28.6% in the fourth quarter. JPMorgan Chase & Co. now owns 136,617 shares of the industrial products company’s stock worth $23,560,000 after buying an additional 30,346 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Enpro in the fourth quarter valued at $2,379,000. 98.31% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Enpro

In other Enpro news, CAO Steven R. Bower sold 997 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were 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. Company insiders own 1.60% of the company’s stock.

Enpro Stock Performance

Shares of NPO opened at $145.91 on Tuesday. The firm has a fifty day moving average of $174.46 and a 200-day moving average of $172.08. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 42.17 and a beta of 1.46. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.59. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $214.58.

Enpro (NYSE:NPO) last posted its earnings results on Wednesday, February 19th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. The firm had revenue of $258.40 million during the quarter, compared to analysts’ expectations of $250.10 million. Enpro had a net margin of 6.95% and a return on equity of 10.25%. Enpro’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. As a group, equities analysts anticipate that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Wednesday, March 5th. This is a positive change from Enpro’s previous quarterly dividend of $0.30. Enpro’s payout ratio is 35.84%.

Analysts Set New Price Targets

NPO has been the topic of a number of recent analyst reports. KeyCorp cut their target price on shares of Enpro from $230.00 to $190.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Oppenheimer boosted their price target on Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a report on Monday, December 16th. Finally, StockNews.com cut Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

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.