Amundi Has $1.78 Million Holdings in Enpro Inc. (NYSE:NPO)

Amundi grew its holdings in Enpro Inc. (NYSE:NPO) by 193.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,827 shares of the industrial products company’s stock after buying an additional 7,134 shares during the period. Amundi owned 0.05% of Enpro worth $1,783,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Inceptionr LLC bought a new position in Enpro during the fourth quarter worth $318,000. Raymond James Financial Inc. acquired a new stake in shares of Enpro during the 4th quarter worth about $11,067,000. Proficio Capital Partners LLC bought a new stake in shares of Enpro during the 4th quarter worth about $2,379,000. Atria Investments Inc grew its stake in Enpro by 6.9% in the 4th quarter. Atria Investments Inc now owns 5,922 shares of the industrial products company’s stock valued at $1,021,000 after buying an additional 383 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in Enpro by 2.6% in the 4th quarter. Victory Capital Management Inc. now owns 6,884 shares of the industrial products company’s stock valued at $1,187,000 after acquiring an additional 172 shares during the period. 98.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Oppenheimer upped their target price on Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. StockNews.com lowered Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, KeyCorp lifted their target price on Enpro from $180.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th.

Insider Buying and Selling at Enpro

In related news, CAO Steven R. Bower sold 997 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $199.66, for a total transaction of $199,061.02. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.60% of the company’s stock.

Enpro Stock Up 1.3 %

Shares of NPO opened at $177.92 on Tuesday. The company has a current ratio of 2.59, a quick ratio of 2.00 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $3.77 billion, a PE ratio of 51.42 and a beta of 1.52. The firm’s 50 day moving average is $181.43 and its 200-day moving average is $171.43. Enpro Inc. has a 12 month low of $136.68 and a 12 month high of $214.58.

Enpro (NYSE:NPO) last announced its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.10. The firm had revenue of $258.40 million during the quarter, compared to analysts’ expectations of $250.10 million. Enpro had a return on equity of 10.25% and a net margin of 6.95%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.19 EPS. Equities research analysts forecast that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.70%. This is an increase from Enpro’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, March 5th. Enpro’s dividend payout ratio is presently 35.84%.

Enpro 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.