Enpro Inc. (NYSE:NPO) Stock Holdings Boosted by Tributary Capital Management LLC

Tributary Capital Management LLC lifted its stake in shares of Enpro Inc. (NYSE:NPO - Free Report) by 0.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 185,309 shares of the industrial products company's stock after buying an additional 1,727 shares during the quarter. Enpro comprises about 2.5% of Tributary Capital Management LLC's holdings, making the stock its 4th biggest holding. Tributary Capital Management LLC owned 0.88% of Enpro worth $31,957,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC raised its position in Enpro by 168.1% in the 3rd quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company's stock valued at $52,000 after purchasing an additional 200 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Enpro by 357.4% during the third quarter. Blue Trust Inc. now owns 526 shares of the industrial products company's stock worth $85,000 after buying an additional 411 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Enpro in the 3rd quarter valued at about $99,000. KBC Group NV raised its stake in Enpro by 24.3% during the 3rd quarter. KBC Group NV now owns 664 shares of the industrial products company's stock valued at $108,000 after acquiring an additional 130 shares during the last quarter. Finally, OLD National Bancorp IN purchased a new position in shares of Enpro in the 3rd quarter valued at approximately $200,000. Institutional investors and hedge funds own 98.31% of the company's stock.

Insider Activity at Enpro

In related news, CAO Steven R. Bower sold 300 shares of Enpro stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $162.50, for a total transaction of $48,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 130 shares in the company, valued at $21,125. The trade was a 69.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NPO shares. StockNews.com cut Enpro from a "buy" rating to a "hold" rating in a research note on Wednesday, December 18th. KeyCorp raised their target price on shares of Enpro from $180.00 to $220.00 and gave the stock an "overweight" rating in a research note on Thursday, December 12th. Finally, Oppenheimer boosted their price target 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.

Enpro Price Performance

Enpro stock traded up $0.82 during midday trading on Friday, reaching $179.27. The company's stock had a trading volume of 82,965 shares, compared to its average volume of 66,881. The firm has a market capitalization of $3.76 billion, a PE ratio of 69.76 and a beta of 1.50. Enpro Inc. has a fifty-two week low of $136.68 and a fifty-two week high of $197.94. The stock's 50 day simple moving average is $178.66 and its 200 day simple moving average is $164.43. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.00 and a current ratio of 2.76.

Enpro (NYSE:NPO - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.13). Enpro had a net margin of 5.20% and a return on equity of 9.71%. The company had revenue of $260.90 million during the quarter, compared to analyst estimates of $264.47 million. During the same quarter last year, the business earned $1.58 EPS. The firm's revenue for the quarter was up 4.1% on a year-over-year basis. On average, equities research analysts forecast that Enpro Inc. will post 6.89 earnings per share for the current year.

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date was Wednesday, December 4th. Enpro's dividend payout ratio is currently 46.69%.

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.