Enpro Inc. (NYSE:NPO) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of Enpro Inc. (NYSE:NPO) by 4.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 13,330 shares of the industrial products company’s stock after purchasing an additional 623 shares during the period. Natixis Advisors LLC’s holdings in Enpro were worth $2,162,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in NPO. Opal Wealth Advisors LLC acquired a new position in Enpro during the 2nd quarter worth approximately $29,000. GAMMA Investing LLC boosted its stake in shares of Enpro by 168.1% in the third quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock valued at $52,000 after buying an additional 200 shares in the last quarter. Innealta Capital LLC acquired a new position in Enpro during the second quarter worth $48,000. Blue Trust Inc. raised its position in Enpro by 357.4% in the third quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock worth $85,000 after acquiring an additional 411 shares in the last quarter. Finally, KBC Group NV lifted its holdings in Enpro by 24.3% in the third quarter. KBC Group NV now owns 664 shares of the industrial products company’s stock valued at $108,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Price Performance

NPO stock opened at $184.22 on Monday. The firm has a 50 day moving average of $159.05 and a 200-day moving average of $154.59. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 71.68 and a beta of 1.41. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.43. Enpro Inc. has a 12-month low of $126.71 and a 12-month high of $186.08.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.13). The firm had revenue of $260.90 million for the quarter, compared to analyst estimates of $264.47 million. Enpro had a return on equity of 9.71% and a net margin of 5.20%. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.58 earnings per share. As a group, equities analysts expect that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be given a $0.30 dividend. The ex-dividend date is Wednesday, December 4th. This represents a $1.20 annualized dividend and a dividend yield of 0.65%. Enpro’s dividend payout ratio is presently 46.69%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

Insider Activity at Enpro

In related news, CAO Steven R. Bower sold 300 shares of Enpro stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $162.50, for a total transaction of $48,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 130 shares in the company, valued at $21,125. The trade was a 69.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by corporate insiders.

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.