Segall Bryant & Hamill LLC Increases Position in Enpro Inc. (NYSE:NPO)

Segall Bryant & Hamill LLC boosted its position in Enpro Inc. (NYSE:NPO) by 4.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 147,446 shares of the industrial products company’s stock after acquiring an additional 6,789 shares during the period. Segall Bryant & Hamill LLC owned about 0.70% of Enpro worth $25,427,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Sanctuary Advisors LLC grew its position in shares of Enpro by 5.8% in the fourth quarter. Sanctuary Advisors LLC now owns 1,580 shares of the industrial products company’s stock valued at $295,000 after purchasing an additional 86 shares during the period. Heritage Family Offices LLP increased its position in Enpro by 4.7% during the 4th quarter. Heritage Family Offices LLP now owns 1,934 shares of the industrial products company’s stock worth $334,000 after purchasing an additional 87 shares in the last quarter. Xponance Inc. increased its holdings in Enpro by 8.7% in the 4th quarter. Xponance Inc. now owns 1,494 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 119 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Enpro by 3.9% during the 4th quarter. HighTower Advisors LLC now owns 3,545 shares of the industrial products company’s stock valued at $611,000 after buying an additional 134 shares during the period. Finally, Victory Capital Management Inc. lifted its position in shares of Enpro by 2.6% during the fourth quarter. Victory Capital Management Inc. now owns 6,884 shares of the industrial products company’s stock worth $1,187,000 after purchasing an additional 172 shares in the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Insider Buying and Selling at Enpro

In related news, CAO Steven R. Bower sold 997 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total value of $199,061.02. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is currently owned by insiders.

Enpro Stock Up 4.4 %

Shares of Enpro stock opened at $179.78 on Tuesday. The company has a quick ratio of 2.00, a current ratio of 2.59 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average price of $182.43 and a 200 day moving average price of $172.16. Enpro Inc. has a fifty-two week low of $136.68 and a fifty-two week high of $214.58. The firm has a market cap of $3.81 billion, a P/E ratio of 51.96 and a beta of 1.52.

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

Enpro Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were issued a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.69%. This is a boost from Enpro’s previous quarterly dividend of $0.30. Enpro’s dividend payout ratio (DPR) is currently 35.84%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. StockNews.com lowered Enpro from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. 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. Finally, KeyCorp upped their price target on shares of Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, December 12th.

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.