Enpro Inc. (NYSE:NPO) Shares Sold by Royce & Associates LP

Royce & Associates LP cut its stake in Enpro Inc. (NYSE:NPO - Free Report) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 337,143 shares of the industrial products company's stock after selling 26,100 shares during the quarter. Royce & Associates LP owned approximately 1.61% of Enpro worth $58,140,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. lifted its position in shares of Enpro by 8.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,477 shares of the industrial products company's stock valued at $600,000 after acquiring an additional 266 shares in the last quarter. Natixis Advisors LLC raised its stake in Enpro by 8.2% in the 4th quarter. Natixis Advisors LLC now owns 14,428 shares of the industrial products company's stock valued at $2,488,000 after purchasing an additional 1,098 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in Enpro by 2.0% in the 4th quarter. First Eagle Investment Management LLC now owns 65,693 shares of the industrial products company's stock valued at $11,329,000 after purchasing an additional 1,300 shares in the last quarter. Swiss National Bank boosted its stake in Enpro by 0.8% during the 4th quarter. Swiss National Bank now owns 39,200 shares of the industrial products company's stock worth $6,760,000 after purchasing an additional 300 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Enpro by 3.9% during the fourth quarter. HighTower Advisors LLC now owns 3,545 shares of the industrial products company's stock worth $611,000 after buying an additional 134 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

Several equities analysts have recently weighed in on NPO shares. StockNews.com downgraded shares of Enpro from a "buy" rating to a "hold" rating in a research note on Wednesday, December 18th. Oppenheimer upped their price target 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 lifted their price objective on Enpro from $180.00 to $220.00 and gave the stock an "overweight" rating in a research report on Thursday, December 12th.

Insider Activity

In related news, CAO Steven R. Bower sold 997 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total transaction of $199,061.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.60% of the company's stock.

Enpro Trading Down 1.0 %

NYSE:NPO traded down $1.79 on Thursday, reaching $173.98. The company's stock had a trading volume of 72,063 shares, compared to its average volume of 101,760. Enpro Inc. has a 12-month low of $136.68 and a 12-month high of $214.58. The stock has a 50 day moving average price of $181.71 and a 200 day moving average price of $171.53. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 50.28 and a beta of 1.52. The company has a quick ratio of 2.00, a current ratio of 2.59 and a debt-to-equity ratio of 0.44.

Enpro (NYSE:NPO - Get Free Report) last issued its quarterly earnings data 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. Enpro had a net margin of 6.95% and a return on equity of 10.25%. The firm had revenue of $258.40 million for the quarter, compared to analyst estimates of $250.10 million. During the same period in the previous year, the firm earned $1.19 EPS. Enpro's revenue was up 3.7% on a year-over-year basis. On average, equities analysts anticipate that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.31 per share. This is a positive change from Enpro's previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Wednesday, March 5th. Enpro's dividend payout ratio (DPR) is currently 35.84%.

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.