Zurcher Kantonalbank Zurich Cantonalbank Purchases 186 Shares of Enpro Inc. (NYSE:NPO)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Enpro Inc. (NYSE:NPO) by 4.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,339 shares of the industrial products company’s stock after acquiring an additional 186 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Enpro were worth $632,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of Enpro by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 2,335,491 shares of the industrial products company’s stock valued at $366,065,000 after purchasing an additional 22,611 shares during the period. Brown Advisory Inc. boosted its holdings in shares of Enpro by 49.6% during the 4th quarter. Brown Advisory Inc. now owns 482,639 shares of the industrial products company’s stock worth $75,649,000 after buying an additional 159,984 shares in the last quarter. Jennison Associates LLC grew its position in shares of Enpro by 1.3% during the 1st quarter. Jennison Associates LLC now owns 446,823 shares of the industrial products company’s stock worth $75,410,000 after buying an additional 5,805 shares during the period. Congress Asset Management Co. MA increased its stake in shares of Enpro by 10.5% in the 1st quarter. Congress Asset Management Co. MA now owns 312,823 shares of the industrial products company’s stock valued at $52,795,000 after acquiring an additional 29,694 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Enpro by 8.5% in the 4th quarter. Wellington Management Group LLP now owns 306,173 shares of the industrial products company’s stock valued at $47,990,000 after acquiring an additional 24,091 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Stock Down 0.0 %

Enpro stock opened at $147.92 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.90 and a current ratio of 2.72. The stock has a market cap of $3.10 billion, a PE ratio of -1,056.57 and a beta of 1.43. Enpro Inc. has a fifty-two week low of $106.08 and a fifty-two week high of $176.13. The firm’s 50-day simple moving average is $155.53 and its 200 day simple moving average is $154.30.

Enpro (NYSE:NPO) last announced its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $0.23. The firm had revenue of $271.90 million during the quarter, compared to the consensus estimate of $270.90 million. Enpro had a return on equity of 9.54% and a net margin of 4.14%. The business’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.83 EPS. Research analysts predict that Enpro Inc. will post 7.4 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.81%. The ex-dividend date is Wednesday, September 4th. Enpro’s dividend payout ratio is -857.14%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Enpro from a “hold” rating to a “buy” rating in a report on Monday.

Insider Buying and Selling at Enpro

In other news, CAO Steven R. Bower sold 1,548 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $150.06, for a total transaction of $232,292.88. Following the completion of the sale, the chief accounting officer now owns 604 shares in the company, valued at approximately $90,636.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.60% of the company’s stock.

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.