XTX Topco Ltd Makes New $409,000 Investment in Enpro Inc. (NYSE:NPO)

XTX Topco Ltd purchased a new position in Enpro Inc. (NYSE:NPO - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 2,369 shares of the industrial products company's stock, valued at approximately $409,000.

A number of other large investors also recently modified their holdings of NPO. OFI Invest Asset Management bought a new position in Enpro during the fourth quarter worth $60,000. Wilmington Savings Fund Society FSB bought a new position in shares of Enpro during the 3rd quarter worth about $99,000. Sterling Capital Management LLC increased its holdings in shares of Enpro by 786.6% during the 4th quarter. Sterling Capital Management LLC now owns 594 shares of the industrial products company's stock worth $102,000 after purchasing an additional 527 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Enpro by 386.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 647 shares of the industrial products company's stock valued at $111,000 after buying an additional 514 shares during the last quarter. Finally, KBC Group NV lifted its stake in shares of Enpro by 34.2% in the fourth quarter. KBC Group NV now owns 891 shares of the industrial products company's stock valued at $154,000 after buying an additional 227 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Enpro

In other Enpro news, CAO Steven R. Bower sold 997 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were 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 SEC, which can be accessed through this link. Company insiders own 1.60% of the company's stock.

Enpro Stock Performance

NPO traded up $0.78 during trading on Friday, reaching $149.88. 106,478 shares of the company's stock were exchanged, compared to its average volume of 110,744. The company has a market capitalization of $3.15 billion, a P/E ratio of 43.32 and a beta of 1.46. 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 $167.03 and a 200 day moving average price of $171.08. Enpro Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $214.58.

Enpro (NYSE:NPO - Get Free Report) last issued its earnings results on Wednesday, February 19th. The industrial products company reported $1.57 earnings per share 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 business 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 business earned $1.19 EPS. The firm's revenue was up 3.7% on a year-over-year basis. As a group, analysts predict that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were paid a $0.31 dividend. This is a positive change from Enpro's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.24 annualized dividend and a yield of 0.83%. Enpro's payout ratio is currently 35.84%.

Wall Street Analysts Forecast Growth

Separately, KeyCorp cut their price target on Enpro from $230.00 to $190.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th.

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.