Atria Investments Inc Has $898,000 Stock Holdings in Enpro Inc. (NYSE:NPO)

Atria Investments Inc raised its stake in Enpro Inc. (NYSE:NPO) by 13.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,539 shares of the industrial products company’s stock after purchasing an additional 640 shares during the period. Atria Investments Inc’s holdings in Enpro were worth $898,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NPO. Opal Wealth Advisors LLC acquired a new position in Enpro in the 2nd quarter valued at about $29,000. GAMMA Investing LLC grew its position 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 purchasing an additional 200 shares during the last quarter. Innealta Capital LLC bought a new position in shares of Enpro during the second quarter worth approximately $48,000. Blue Trust Inc. increased its stake in shares of Enpro by 357.4% during the third quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock worth $85,000 after purchasing an additional 411 shares during the period. Finally, OLD National Bancorp IN bought a new stake in Enpro in the 3rd quarter valued at $200,000. 98.31% of the stock is owned by institutional investors.

Enpro Price Performance

Shares of Enpro stock opened at $165.78 on Monday. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 64.51 and a beta of 1.41. Enpro Inc. has a twelve month low of $123.56 and a twelve month high of $176.13. The company has a 50-day simple moving average of $156.21 and a two-hundred day simple moving average of $153.66.

Enpro (NYSE:NPO) last released 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 business had revenue of $260.90 million during the quarter, compared to analyst estimates of $264.47 million. Enpro had a net margin of 5.20% and a return on equity of 9.71%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.58 earnings per share. Analysts forecast that Enpro Inc. will post 6.89 EPS for the current year.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Wednesday, December 4th. Enpro’s dividend payout ratio (DPR) is currently 46.69%.

Insider Buying and Selling

In related news, CAO Steven R. Bower sold 300 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $162.50, for a total transaction of $48,750.00. Following the sale, the chief accounting officer now owns 130 shares in the company, valued at approximately $21,125. This trade represents a 69.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

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.