Enpro Inc. (NYSE:NPO) Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC raised its holdings in Enpro Inc. (NYSE:NPO) by 3.7% during the third quarter, Holdings Channel.com reports. The firm owned 140,657 shares of the industrial products company’s stock after purchasing an additional 5,051 shares during the period. Segall Bryant & Hamill LLC’s holdings in Enpro were worth $22,812,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in Enpro during the 2nd quarter worth approximately $29,000. Innealta Capital LLC purchased a new stake in shares of Enpro during the second quarter worth $48,000. GAMMA Investing LLC raised its stake in shares of Enpro by 168.1% in the third quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 200 shares in the last quarter. Blue Trust Inc. boosted its holdings in Enpro by 357.4% in the third quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock valued at $85,000 after purchasing an additional 411 shares during the period. Finally, KBC Group NV grew 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 worth $108,000 after purchasing an additional 130 shares in the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Enpro from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th.

Insider Activity at Enpro

In other Enpro news, CAO Steven R. Bower sold 300 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $162.50, for a total value of $48,750.00. Following the completion of the sale, the chief accounting officer now owns 130 shares in the company, valued at approximately $21,125. The trade was a 69.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.70% of the company’s stock.

Enpro Stock Up 1.9 %

Shares of Enpro stock opened at $173.16 on Wednesday. Enpro Inc. has a 52-week low of $123.56 and a 52-week high of $176.13. The company has a 50 day moving average of $157.25 and a 200 day moving average of $153.93. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $3.63 billion, a P/E ratio of 67.38 and a beta of 1.41.

Enpro (NYSE:NPO) last posted its earnings results on Tuesday, November 5th. The industrial products company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $264.47 million. During the same period last year, the business earned $1.58 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. As a group, research analysts forecast that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Wednesday, December 4th. Enpro’s payout ratio is currently 46.69%.

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.