Swiss National Bank Has $4.18 Million Stake in EnPro Industries, Inc. (NYSE:NPO)

Swiss National Bank lowered its position in EnPro Industries, Inc. (NYSE:NPO) by 3.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 43,000 shares of the industrial products company’s stock after selling 1,600 shares during the period. Swiss National Bank owned 0.21% of EnPro Industries worth $4,177,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Hong Kong Ltd acquired a new position in shares of EnPro Industries in the 1st quarter worth approximately $32,000. Geneos Wealth Management Inc. acquired a new position in shares of EnPro Industries in the 1st quarter worth approximately $53,000. Shell Asset Management Co. bought a new stake in shares of EnPro Industries in the 1st quarter valued at $142,000. Captrust Financial Advisors increased its stake in shares of EnPro Industries by 9,510.0% in the 1st quarter. Captrust Financial Advisors now owns 1,922 shares of the industrial products company’s stock valued at $164,000 after acquiring an additional 1,902 shares in the last quarter. Finally, Sowell Financial Services LLC increased its stake in shares of EnPro Industries by 38.7% in the 1st quarter. Sowell Financial Services LLC now owns 2,420 shares of the industrial products company’s stock valued at $219,000 after acquiring an additional 675 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Shares of NPO stock opened at $81.07 on Tuesday. The firm has a market capitalization of $1.67 billion, a PE ratio of 87.17 and a beta of 1.62. The firm has a fifty day simple moving average of $87.13 and a two-hundred day simple moving average of $89.67. The company has a current ratio of 2.98, a quick ratio of 2.30 and a debt-to-equity ratio of 0.43. EnPro Industries, Inc. has a 12 month low of $53.35 and a 12 month high of $99.94.

EnPro Industries (NYSE:NPO) last announced its quarterly earnings results on Tuesday, August 3rd. The industrial products company reported $1.56 EPS for the quarter, beating the Zacks’ consensus estimate of $1.24 by $0.32. The business had revenue of $298.60 million during the quarter, compared to analyst estimates of $272.75 million. EnPro Industries had a net margin of 1.74% and a return on equity of 9.20%. On average, equities analysts predict that EnPro Industries, Inc. will post 5.47 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 15th. Stockholders of record on Wednesday, September 1st were paid a $0.27 dividend. The ex-dividend date of this dividend was Tuesday, August 31st. This represents a $1.08 annualized dividend and a dividend yield of 1.33%. EnPro Industries’s payout ratio is 26.54%.

NPO has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $95.00 price objective for the company in a research note on Friday, August 6th. Oppenheimer lifted their price objective on shares of EnPro Industries from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, June 2nd. Finally, KeyCorp reiterated a “buy” rating and issued a $115.00 price objective on shares of EnPro Industries in a research note on Tuesday, September 14th.

EnPro Industries Company Profile

EnPro Industries, Inc engages in the design, development, manufacturing, and marketing of proprietary engineered industrial products. It operates through the following segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment designs, manufactures, and sells sealing products including metallic, non-metallic, and composite material gaskets.

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Institutional Ownership by Quarter for EnPro Industries (NYSE:NPO)

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