Posted by admin on Aug 12th, 2022

KBC Group NV lifted its holdings in shares of EnPro Industries, Inc. (NYSE:NPO – Get Rating) by 30.0% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 892 shares of the industrial products company’s stock after buying an additional 206 shares during the period. KBC Group NV’s holdings in EnPro Industries were worth $87,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Tributary Capital Management LLC bought a new stake in EnPro Industries during the 1st quarter worth $12,816,000. Comerica Bank grew its position in EnPro Industries by 0.8% during the 1st quarter. Comerica Bank now owns 17,768 shares of the industrial products company’s stock worth $1,801,000 after acquiring an additional 143 shares during the last quarter. Capital International Investors grew its position in EnPro Industries by 5.5% during the 4th quarter. Capital International Investors now owns 875,976 shares of the industrial products company’s stock worth $96,419,000 after acquiring an additional 45,842 shares during the last quarter. Segall Bryant & Hamill LLC grew its position in EnPro Industries by 5.4% during the 4th quarter. Segall Bryant & Hamill LLC now owns 191,604 shares of the industrial products company’s stock worth $21,090,000 after acquiring an additional 9,821 shares during the last quarter. Finally, Congress Wealth Management LLC DE bought a new stake in EnPro Industries during the 4th quarter worth $9,102,000. Institutional investors and hedge funds own 94.26% of the company’s stock.

A number of equities research analysts recently weighed in on the company. KeyCorp boosted their price objective on EnPro Industries from $115.00 to $122.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 3rd. StockNews.com upgraded EnPro Industries from a “hold” rating to a “buy” rating in a research report on Monday, May 16th.

NYSE NPO opened at $102.68 on Friday. The business’s 50-day moving average price is $87.92 and its two-hundred day moving average price is $96.04. EnPro Industries, Inc. has a 12 month low of $76.14 and a 12 month high of $117.63. The firm has a market capitalization of $2.14 billion, a PE ratio of 11.93 and a beta of 1.39. The company has a current ratio of 1.91, a quick ratio of 1.40 and a debt-to-equity ratio of 0.69.

EnPro Industries (NYSE:NPO – Get Rating) last released its earnings results on Tuesday, August 2nd. The industrial products company reported $2.32 EPS for the quarter, topping the consensus estimate of $1.82 by $0.50. EnPro Industries had a return on equity of 11.42% and a net margin of 14.62%. The business had revenue of $333.30 million during the quarter, compared to analysts’ expectations of $325.57 million. During the same quarter last year, the firm posted $1.56 earnings per share. The firm’s revenue was up 11.6% on a year-over-year basis. On average, analysts expect that EnPro Industries, Inc. will post 7.24 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Shareholders of record on Wednesday, August 31st will be issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Tuesday, August 30th. EnPro Industries’s payout ratio is 13.01%.

EnPro Industries, Inc engages in the design, development, manufacture, marketing, and service of engineered industrial products in the United States, Europe, and internationally. It operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. 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, flange, 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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