EnPro Industries, Inc. (NYSE:NPO) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Posted by on Aug 18th, 2023

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in shares of EnPro Industries, Inc. (NYSE:NPO – Free Report) by 1.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,027 shares of the industrial products company’s stock after selling 237 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.11% of EnPro Industries worth $2,288,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in EnPro Industries by 1.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 44,436 shares of the industrial products company’s stock worth $4,830,000 after purchasing an additional 836 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of EnPro Industries by 2.7% in the first quarter. Arizona State Retirement System now owns 5,726 shares of the industrial products company’s stock valued at $595,000 after acquiring an additional 150 shares during the period. SG Americas Securities LLC boosted its holdings in shares of EnPro Industries by 146.5% in the first quarter. SG Americas Securities LLC now owns 3,121 shares of the industrial products company’s stock valued at $324,000 after acquiring an additional 1,855 shares during the period. abrdn plc boosted its holdings in shares of EnPro Industries by 1.5% in the first quarter. abrdn plc now owns 423,073 shares of the industrial products company’s stock valued at $43,953,000 after acquiring an additional 6,388 shares during the period. Finally, Congress Wealth Management LLC DE boosted its holdings in shares of EnPro Industries by 10.1% in the first quarter. Congress Wealth Management LLC DE now owns 51,170 shares of the industrial products company’s stock valued at $5,316,000 after acquiring an additional 4,689 shares during the period. Hedge funds and other institutional investors own 94.35% of the company’s stock.

EnPro Industries Price Performance

Shares of NYSE NPO opened at $128.25 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 4.03 and a quick ratio of 3.22. The stock has a fifty day moving average price of $132.99 and a 200 day moving average price of $113.78. EnPro Industries, Inc. has a 1-year low of $83.69 and a 1-year high of $144.86. The company has a market cap of $2.68 billion, a PE ratio of 15.45 and a beta of 1.50.

EnPro Industries (NYSE:NPO – Get Free Report) last issued its quarterly earnings results on Tuesday, August 8th. The industrial products company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.10. EnPro Industries had a return on equity of 10.85% and a net margin of 15.54%. The firm had revenue of $276.90 million during the quarter, compared to the consensus estimate of $276.43 million. During the same period last year, the company earned $2.32 earnings per share. The company’s revenue for the quarter was down 16.9% on a year-over-year basis. Sell-side analysts forecast that EnPro Industries, Inc. will post 6.92 EPS for the current year.

EnPro Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Wednesday, August 30th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date is Tuesday, August 29th. EnPro Industries’s dividend payout ratio (DPR) is currently 13.98%.

Analyst Upgrades and Downgrades

NPO has been the subject of several research analyst reports. StockNews.com initiated coverage on EnPro Industries in a report on Thursday. They issued a “hold” rating for the company. TheStreet downgraded EnPro Industries from a “b-” rating to a “c+” rating in a report on Wednesday. Finally, KeyCorp increased their price target on EnPro Industries from $145.00 to $158.00 in a report on Wednesday, July 5th.

View Our Latest Stock Analysis on NPO

EnPro Industries Profile

(Free Report)

EnPro Industries, Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States 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; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic seals, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.

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Institutional Ownership by Quarter for EnPro Industries (NYSE:NPO)

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