1,518 Shares in EnPro Industries, Inc. (NYSE:NPO) Purchased by Keybank National Association OH

Posted by on Oct 30th, 2023

Keybank National Association OH bought a new position in shares of EnPro Industries, Inc. (NYSE:NPO – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 1,518 shares of the industrial products company’s stock, valued at approximately $203,000.

A number of other hedge funds have also made changes to their positions in the company. Advisor Group Holdings Inc. grew its holdings in EnPro Industries by 87.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,349 shares of the industrial products company’s stock worth $309,000 after acquiring an additional 1,099 shares during the last quarter. Raymond James & Associates grew its holdings in EnPro Industries by 1.8% during the 1st quarter. Raymond James & Associates now owns 43,294 shares of the industrial products company’s stock worth $4,231,000 after acquiring an additional 767 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in EnPro Industries by 148.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,876 shares of the industrial products company’s stock worth $477,000 after acquiring an additional 2,916 shares during the last quarter. MetLife Investment Management LLC grew its holdings in EnPro Industries by 58.0% during the 1st quarter. MetLife Investment Management LLC now owns 10,795 shares of the industrial products company’s stock worth $1,055,000 after acquiring an additional 3,962 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in EnPro Industries by 1.3% during the 1st quarter. Rhumbline Advisers now owns 60,837 shares of the industrial products company’s stock worth $5,946,000 after acquiring an additional 774 shares during the last quarter. Institutional investors and hedge funds own 95.94% of the company’s stock.

EnPro Industries Stock Down 2.2 %

Shares of NYSE NPO opened at $114.40 on Monday. The firm has a market capitalization of $2.39 billion, a PE ratio of 13.78 and a beta of 1.52. The company has a current ratio of 4.03, a quick ratio of 3.22 and a debt-to-equity ratio of 0.54. EnPro Industries, Inc. has a 1 year low of $91.74 and a 1 year high of $144.86. The firm’s 50-day moving average is $124.73 and its 200-day moving average is $120.47.

EnPro Industries (NYSE:NPO – Get Free Report) last released its quarterly earnings data 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 net margin of 15.54% and a return on equity of 10.85%. The business had revenue of $276.90 million for the quarter, compared to analyst estimates of $276.43 million. During the same quarter last year, the firm earned $2.32 EPS. EnPro Industries’s quarterly revenue was down 16.9% compared to the same quarter last year. Equities analysts expect that EnPro Industries, Inc. will post 6.92 EPS for the current year.

EnPro Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Wednesday, November 29th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $1.16 annualized dividend and a yield of 1.01%. EnPro Industries’s dividend payout ratio (DPR) is currently 13.98%.

Analyst Ratings Changes

A number of brokerages have commented on NPO. KeyCorp increased their price objective on shares of EnPro Industries from $145.00 to $158.00 in a report on Wednesday, July 5th. StockNews.com assumed coverage on shares of EnPro Industries in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Finally, TheStreet lowered shares of EnPro Industries from a “b-” rating to a “c+” rating in a research note on Wednesday, August 16th.

Get 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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