First Eagle Investment Management LLC Boosts Stake in Enpro Inc. (NYSE:NPO)

First Eagle Investment Management LLC lifted its position in Enpro Inc. (NYSE:NPO - Free Report) by 7.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 65,493 shares of the industrial products company's stock after acquiring an additional 4,775 shares during the period. First Eagle Investment Management LLC owned 0.31% of Enpro worth $11,053,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Simplex Trading LLC raised its position in shares of Enpro by 5,227.3% in the 4th quarter. Simplex Trading LLC now owns 1,172 shares of the industrial products company's stock worth $183,000 after acquiring an additional 1,150 shares in the last quarter. Quadrant Capital Group LLC increased its position in Enpro by 12.5% during the 4th quarter. Quadrant Capital Group LLC now owns 1,206 shares of the industrial products company's stock valued at $189,000 after buying an additional 134 shares in the last quarter. Fulton Bank N.A. bought a new position in Enpro during the 1st quarter valued at approximately $211,000. Mackenzie Financial Corp bought a new position in Enpro during the 4th quarter valued at approximately $203,000. Finally, Vanguard Personalized Indexing Management LLC bought a new position in Enpro during the 4th quarter valued at approximately $221,000. Institutional investors own 98.31% of the company's stock.

Enpro Stock Up 0.1 %

NPO stock traded up $0.09 on Friday, reaching $162.08. 83,327 shares of the company traded hands, compared to its average volume of 99,819. Enpro Inc. has a one year low of $106.08 and a one year high of $171.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.59 and a quick ratio of 1.77. The company has a market cap of $3.40 billion, a P/E ratio of -1,157.63 and a beta of 1.43. The firm has a fifty day simple moving average of $149.27 and a 200-day simple moving average of $153.23.

Enpro (NYSE:NPO - Get Free Report) last issued its earnings results on Tuesday, May 7th. The industrial products company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.54 by $0.03. Enpro had a positive return on equity of 9.17% and a negative net margin of 0.26%. The business had revenue of $257.50 million for the quarter, compared to the consensus estimate of $269.00 million. During the same period last year, the business posted $1.95 EPS. The company's revenue was down 8.9% compared to the same quarter last year. Research analysts anticipate that Enpro Inc. will post 7.45 earnings per share for the current year.

Enpro Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Investors of record on Wednesday, June 5th were given a dividend of $0.30 per share. The ex-dividend date was Wednesday, June 5th. This represents a $1.20 annualized dividend and a yield of 0.74%. Enpro's dividend payout ratio (DPR) is presently -857.08%.

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.