Enpro Inc. (NYSE:NPO) Shares Acquired by Sei Investments Co.

Sei Investments Co. raised its holdings in shares of Enpro Inc. (NYSE:NPO) by 24.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,897 shares of the industrial products company’s stock after acquiring an additional 8,125 shares during the quarter. Sei Investments Co. owned approximately 0.20% of Enpro worth $5,953,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Pitcairn Co. boosted its position in shares of Enpro by 1.9% during the 1st quarter. Pitcairn Co. now owns 4,050 shares of the industrial products company’s stock worth $684,000 after acquiring an additional 77 shares in the last quarter. Illinois Municipal Retirement Fund boosted its position in shares of Enpro by 0.7% during the 1st quarter. Illinois Municipal Retirement Fund now owns 12,198 shares of the industrial products company’s stock worth $2,059,000 after acquiring an additional 85 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Enpro by 1.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the industrial products company’s stock valued at $1,528,000 after purchasing an additional 100 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of Enpro by 3.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,203 shares of the industrial products company’s stock valued at $466,000 after purchasing an additional 104 shares during the period. Finally, Bahl & Gaynor Inc. grew its stake in Enpro by 0.4% during the 1st quarter. Bahl & Gaynor Inc. now owns 33,891 shares of the industrial products company’s stock worth $5,720,000 after buying an additional 122 shares during the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Trading Up 0.2 %

Shares of Enpro stock opened at $162.18 on Tuesday. 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 company has a market capitalization of $3.40 billion, a P/E ratio of -1,158.43 and a beta of 1.40. Enpro Inc. has a 1 year low of $106.08 and a 1 year high of $176.13. The company’s fifty day moving average is $156.42 and its two-hundred day moving average is $154.12.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.23. The firm had revenue of $271.90 million for 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% on a year-over-year basis. During the same quarter last year, the company posted $1.83 earnings per share. 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 issued a $0.30 dividend. 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 payout ratio is currently -857.14%.

Analysts Set New Price Targets

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

Insider Transactions at Enpro

In other Enpro news, CAO Steven R. Bower sold 1,548 shares of the business’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $150.06, for a total value of $232,292.88. Following the transaction, the chief accounting officer now directly owns 604 shares of the company’s stock, valued at approximately $90,636.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company 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.