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

Segall Bryant & Hamill LLC raised its position in shares of Enpro Inc. (NYSE:NPO - Free Report) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 147,446 shares of the industrial products company's stock after acquiring an additional 6,789 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.70% of Enpro worth $25,427,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. OFI Invest Asset Management bought a new stake in Enpro during the fourth quarter worth about $60,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Enpro during the third quarter valued at approximately $99,000. Smartleaf Asset Management LLC boosted its position in shares of Enpro by 386.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 647 shares of the industrial products company's stock worth $111,000 after purchasing an additional 514 shares in the last quarter. KBC Group NV grew its stake in shares of Enpro by 34.2% in the 4th quarter. KBC Group NV now owns 891 shares of the industrial products company's stock worth $154,000 after buying an additional 227 shares during the last quarter. Finally, Vista Finance LLC bought a new position in Enpro during the 4th quarter valued at approximately $204,000. Hedge funds and other institutional investors own 98.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on NPO shares. Oppenheimer increased their target price on Enpro from $170.00 to $215.00 and gave the stock an "outperform" rating in a research note on Monday, December 16th. StockNews.com downgraded shares of Enpro from a "buy" rating to a "hold" rating in a research report on Wednesday, December 18th. Finally, KeyCorp lifted their target price on shares of Enpro from $180.00 to $220.00 and gave the stock an "overweight" rating in a report on Thursday, December 12th.

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Enpro Stock Down 6.5 %

Shares of Enpro stock traded down $11.31 on Friday, reaching $163.18. The company's stock had a trading volume of 119,100 shares, compared to its average volume of 105,806. Enpro Inc. has a 52 week low of $136.68 and a 52 week high of $214.58. The firm's fifty day simple moving average is $182.69 and its two-hundred day simple moving average is $172.74. 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 company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 47.16 and a beta of 1.52.

Enpro (NYSE:NPO - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. The company had revenue of $258.40 million during the quarter, compared to the consensus estimate 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 period last year, the company earned $1.19 EPS. Equities analysts anticipate that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a dividend of $0.31 per share. This is an increase from Enpro's previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, March 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.76%. Enpro's dividend payout ratio is 35.84%.

Insider Buying and Selling

In other news, CAO Steven R. Bower sold 997 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total transaction of $199,061.02. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Enpro 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.