Thrivent Financial for Lutherans Has $2.53 Million Holdings in Enpro Inc. (NYSE:NPO)

Thrivent Financial for Lutherans lowered its stake in shares of Enpro Inc. (NYSE:NPO) by 4.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 17,393 shares of the industrial products company’s stock after selling 744 shares during the period. Thrivent Financial for Lutherans owned approximately 0.08% of Enpro worth $2,532,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE boosted its position in shares of Enpro by 1.7% during the fourth quarter. US Bancorp DE now owns 9,305 shares of the industrial products company’s stock valued at $1,458,000 after buying an additional 158 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Enpro by 1,079.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,638 shares of the industrial products company’s stock worth $1,511,000 after acquiring an additional 8,821 shares during the last quarter. Schroder Investment Management Group grew its stake in shares of Enpro by 51.3% in the 4th quarter. Schroder Investment Management Group now owns 104,837 shares of the industrial products company’s stock worth $16,432,000 after acquiring an additional 35,546 shares in the last quarter. Trigran Investments Inc. raised its holdings in shares of Enpro by 17.2% in the fourth quarter. Trigran Investments Inc. now owns 101,067 shares of the industrial products company’s stock valued at $15,841,000 after purchasing an additional 14,864 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Enpro by 8.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 222,851 shares of the industrial products company’s stock valued at $34,930,000 after purchasing an additional 17,605 shares in the last quarter. 98.31% of the stock is owned by institutional investors.

Insider Transactions at Enpro

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

Enpro Stock Performance

Shares of NPO opened at $162.18 on Tuesday. The stock has a 50 day moving average of $156.42 and a 200 day moving average of $154.12. The company has a current ratio of 2.72, a quick ratio of 1.90 and a debt-to-equity ratio of 0.45. Enpro Inc. has a 12 month low of $106.08 and a 12 month high of $176.13. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of -1,158.43 and a beta of 1.40.

Enpro (NYSE:NPO) last announced its earnings results on Tuesday, August 6th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.23. The firm had revenue of $271.90 million during the quarter, compared to analyst estimates of $270.90 million. Enpro had a return on equity of 9.54% and a net margin of 4.14%. The business’s revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm posted $1.83 EPS. As a group, sell-side analysts forecast that Enpro Inc. will post 7.4 earnings per share for the current year.

Enpro Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 4th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date was Wednesday, September 4th. Enpro’s dividend payout ratio is currently -857.14%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Enpro from a “hold” rating to a “buy” rating in a research report on Monday, September 2nd.

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.