Enpro Inc. (NYSE:NPO) Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC increased its stake in shares of Enpro Inc. (NYSE:NPO) by 58.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,183 shares of the industrial products company’s stock after purchasing an additional 1,903 shares during the quarter. Intech Investment Management LLC’s holdings in Enpro were worth $841,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of NPO. Bank of Montreal Can raised its holdings in Enpro by 3.2% in the second quarter. Bank of Montreal Can now owns 2,595 shares of the industrial products company’s stock valued at $395,000 after acquiring an additional 80 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Enpro by 1.0% during the second quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the industrial products company’s stock worth $1,528,000 after purchasing an additional 100 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Enpro by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,203 shares of the industrial products company’s stock worth $466,000 after purchasing an additional 104 shares in the last quarter. Creative Planning increased its holdings in Enpro by 3.1% in the second quarter. Creative Planning now owns 3,501 shares of the industrial products company’s stock valued at $510,000 after buying an additional 106 shares during the last quarter. Finally, Inspire Investing LLC raised its stake in Enpro by 5.1% in the third quarter. Inspire Investing LLC now owns 2,552 shares of the industrial products company’s stock valued at $414,000 after buying an additional 124 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Stock Up 0.2 %

Shares of NYSE:NPO opened at $188.02 on Friday. The firm has a 50 day simple moving average of $160.97 and a 200-day simple moving average of $155.35. Enpro Inc. has a twelve month low of $126.71 and a twelve month high of $190.32. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $3.95 billion, a PE ratio of 73.16 and a beta of 1.41.

Enpro (NYSE:NPO) last announced its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.13). The company had revenue of $260.90 million during the quarter, compared to analysts’ expectations of $264.47 million. Enpro had a net margin of 5.20% and a return on equity of 9.71%. Enpro’s revenue was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share. On average, equities analysts predict that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Wednesday, December 4th. Enpro’s dividend payout ratio (DPR) is 46.69%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Enpro

In other news, CAO Steven R. Bower sold 300 shares of Enpro stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $162.50, for a total value of $48,750.00. Following the transaction, the chief accounting officer now directly owns 130 shares of the company’s stock, valued at $21,125. The trade was a 69.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.70% of the stock is owned by company 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.