Creative Planning Has $510,000 Stock Position in Enpro Inc. (NYSE:NPO)

Creative Planning raised its holdings in Enpro Inc. (NYSE:NPO) by 3.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 3,501 shares of the industrial products company’s stock after acquiring an additional 106 shares during the quarter. Creative Planning’s holdings in Enpro were worth $510,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. SG Americas Securities LLC bought a new position in shares of Enpro in the first quarter valued at $734,000. Vanguard Group Inc. boosted its stake in Enpro by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 2,335,491 shares of the industrial products company’s stock valued at $366,065,000 after purchasing an additional 22,611 shares during the last quarter. UniSuper Management Pty Ltd bought a new stake in Enpro during the 1st quarter worth approximately $689,000. First Eagle Investment Management LLC raised its stake in shares of Enpro by 7.9% in the first quarter. First Eagle Investment Management LLC now owns 65,493 shares of the industrial products company’s stock worth $11,053,000 after purchasing an additional 4,775 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Enpro by 8.5% in the fourth quarter. Wellington Management Group LLP now owns 306,173 shares of the industrial products company’s stock valued at $47,990,000 after purchasing an additional 24,091 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors.

Enpro Trading Down 0.3 %

NYSE:NPO opened at $161.20 on Tuesday. The firm’s 50 day moving average is $155.42 and its 200 day moving average is $154.03. Enpro Inc. has a 12 month low of $106.08 and a 12 month high of $176.13. The stock has a market capitalization of $3.38 billion, a PE ratio of -1,151.43 and a beta of 1.40. 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 (NYSE:NPO) last released its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.85 by $0.23. The company had revenue of $271.90 million during the quarter, compared to the consensus estimate of $270.90 million. Enpro had a net margin of 4.14% and a return on equity of 9.54%. Enpro’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm earned $1.83 EPS. Sell-side analysts expect that Enpro Inc. will post 7.4 earnings per share for the current year.

Enpro Announces Dividend

The firm also recently declared 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. The ex-dividend date was Wednesday, September 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.74%. Enpro’s dividend payout ratio (DPR) is presently -857.14%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Enpro

In other news, CAO Steven R. Bower sold 1,548 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $150.06, for a total transaction of $232,292.88. Following the sale, the chief accounting officer now owns 604 shares in the company, valued at approximately $90,636.24. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.60% of the stock is owned by insiders.

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.