Enpro Inc. (NYSE:NPO) CAO Steven R. Bower Sells 997 Shares

Enpro Inc. (NYSE:NPO) CAO Steven R. Bower sold 997 shares of the company’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total value of $199,061.02. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Enpro Trading Down 0.8 %

Shares of NPO stock traded down $1.55 on Wednesday, hitting $198.23. 46,790 shares of the company’s stock traded hands, compared to its average volume of 105,947. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.59. Enpro Inc. has a one year low of $136.68 and a one year high of $214.58. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 57.30 and a beta of 1.49. The company’s fifty day simple moving average is $180.25 and its 200 day simple moving average is $169.23.

Enpro (NYSE:NPO) last released its quarterly earnings results on Wednesday, February 19th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.10. The business had revenue of $258.40 million during the quarter, compared to analyst estimates of $250.10 million. Enpro had a return on equity of 10.25% and a net margin of 6.95%. Enpro’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.19 earnings per share. Equities 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 issued a $0.31 dividend. This is a boost from Enpro’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.63%. Enpro’s payout ratio is presently 35.84%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Toronto Dominion Bank purchased a new position in Enpro in the fourth quarter worth approximately $3,139,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Enpro by 18.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 58,744 shares of the industrial products company’s stock worth $10,130,000 after purchasing an additional 9,058 shares in the last quarter. Redwood Investments LLC increased its holdings in Enpro by 30.4% in the fourth quarter. Redwood Investments LLC now owns 10,525 shares of the industrial products company’s stock valued at $1,815,000 after buying an additional 2,456 shares during the last quarter. Man Group plc acquired a new stake in Enpro in the fourth quarter valued at $488,000. Finally, Nuveen Asset Management LLC lifted its holdings in Enpro by 8.8% during the 4th quarter. Nuveen Asset Management LLC now owns 193,696 shares of the industrial products company’s stock worth $33,403,000 after buying an additional 15,612 shares during the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on NPO shares. Oppenheimer boosted their target price on shares of Enpro from $170.00 to $215.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. KeyCorp raised their price objective on shares of Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, StockNews.com downgraded Enpro from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

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.