3 days Ago By ABMN Staff
CIBC Private Wealth Group LLC decreased its stake in shares of Enpro Inc. ( NYSE:NPO – Free Report ) by 21.8% in the fourth quarter, Holdings Channel.
com reports. The fund owned 1,262 shares of the industrial products company’s stock after selling 352 shares during the period. CIBC Private Wealth Group LLC’s holdings in Enpro were worth $208,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of NPO. Synovus Financial Corp boosted its holdings in shares of Enpro by 102.7% during the 3rd quarter.
Synovus Financial Corp now owns 13,972 shares of the industrial products company’s stock valued at $2,266,000 after purchasing an additional 7,078 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Enpro by 4.
0% in the 3rd quarter. JPMorgan Chase & Co. now owns 106,271 shares of the industrial products company’s stock worth $17,235,000 after buying an additional 4,123 shares in the last quarter.
Stifel Financial Corp increased its holdings in shares of Enpro by 10.6% in the 3rd quarter. Stifel Financial Corp now owns 10,414 shares of the industrial products company’s stock worth $1,689,000 after buying an additional 995 shares during the last quarter.
Sei Investments Co. raised its position in shares of Enpro by 4.2% during the 4th quarter.
Sei Investments Co. now owns 44,440 shares of the industrial products company’s stock valued at $7,663,000 after buying an additional 1,788 shares in the last quarter. Finally, Principal Financial Group Inc.
grew its position in Enpro by 3.0% in the fourth quarter. Principal Financial Group Inc.
now owns 101,873 shares of the industrial products company’s stock worth $17,568,000 after acquiring an additional 2,949 shares in the last quarter. 98.31% of the stock is owned by hedge funds and other institutional investors.
Enpro Stock Down 4.3 % Shares of NPO opened at $142.65 on Monday.
The firm has a fifty day moving average price of $180.55 and a 200-day moving average price of $172.98.
The company has a current ratio of 2.59, a quick ratio of 2.00 and a debt-to-equity ratio of 0.
44. The firm has a market capitalization of $3.00 billion, a P/E ratio of 41.
23 and a beta of 1.46. Enpro Inc.
has a 12-month low of $134.96 and a 12-month high of $214.58.
Enpro Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a $0.31 dividend.
This is an increase from Enpro’s previous quarterly dividend of $0.30. This represents a $1.
24 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend was Wednesday, March 5th.
Enpro’s payout ratio is presently 35.84%. Analyst Upgrades and Downgrades NPO has been the subject of several recent analyst reports.
StockNews.com lowered shares of Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Oppenheimer raised their price objective on shares of Enpro from $170.
00 to $215.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. Finally, KeyCorp upped their target price on Enpro from $180.
00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Read Our Latest Analysis on NPO Insider Buying and Selling In other news, CAO Steven R.
Bower sold 997 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $199.66, for a total value of $199,061.
02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . 1.
60% of the stock is owned by insiders. Enpro Company Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding NPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enpro Inc.
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