1 week Ago By Defense World Staff
JPMorgan Chase & Co. lifted its position in shares of Enpro Inc. (NYSE:NPO – Free Report) by 28.
6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,617 shares of the industrial products company’s stock after purchasing an additional 30,346 shares during the quarter. JPMorgan Chase & Co.
owned 0.65% of Enpro worth $23,560,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently made changes to their positions in the company.
Zions Bancorporation N.A. lifted its holdings in Enpro by 16.
6% during the fourth quarter. Zions Bancorporation N.A.
now owns 13,405 shares of the industrial products company’s stock worth $2,312,000 after acquiring an additional 1,905 shares in the last quarter. Segall Bryant & Hamill LLC raised its position in shares of Enpro by 4.8% during the fourth quarter.
Segall Bryant & Hamill LLC now owns 147,446 shares of the industrial products company’s stock worth $25,427,000 after purchasing an additional 6,789 shares during the period. Congress Wealth Management LLC DE lifted its holdings in shares of Enpro by 2.4% during the 4th quarter.
Congress Wealth Management LLC DE now owns 58,629 shares of the industrial products company’s stock valued at $10,111,000 after purchasing an additional 1,368 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Enpro by 19.3% during the 4th quarter.
LPL Financial LLC now owns 19,391 shares of the industrial products company’s stock valued at $3,357,000 after purchasing an additional 3,139 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in Enpro in the 4th quarter valued at $707,000. Institutional investors and hedge funds own 98.
31% of the company’s stock. Insiders Place Their BetsIn other Enpro news, CAO Steven R. Bower sold 997 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th.
The shares were sold at an average price of $199.66, for a total value of $199,061.02.
The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.60% of the company’s stock.
Enpro Stock PerformanceShares of NPO stock opened at $155.59 on Thursday. Enpro Inc.
has a 52 week low of $133.50 and a 52 week high of $214.58.
The company has a 50-day simple moving average of $176.81 and a 200 day simple moving average of $172.29.
The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.
59. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 44.
97 and a beta of 1.46. Enpro (NYSE:NPO – Get Free Report) last released its quarterly earnings results on Wednesday, February 19th.
The industrial products company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.
10. Enpro had a net margin of 6.95% and a return on equity of 10.
25%. The business had revenue of $258.40 million for the quarter, compared to analyst estimates of $250.
10 million. During the same period last year, the firm earned $1.19 earnings per share.
Enpro’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, sell-side analysts predict that Enpro Inc.
will post 7.38 earnings per share for the current year. Enpro Increases DividendThe company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th.
Stockholders of record on Wednesday, March 5th were given a $0.31 dividend. The ex-dividend date was Wednesday, March 5th.
This is a boost from Enpro’s previous quarterly dividend of $0.30. This represents a $1.
24 annualized dividend and a dividend yield of 0.80%. Enpro’s payout ratio is presently 35.
84%. Wall Street Analyst Weigh InA number of analysts have recently commented on NPO shares. KeyCorp cut their price target on Enpro from $230.
00 to $190.00 and set an “overweight” rating on the stock in a report on Tuesday. Oppenheimer upped their price target on Enpro from $170.
00 to $215.00 and gave the stock an “outperform” rating in a research report on Monday, December 16th. Finally, StockNews.
com cut shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th.Read Our Latest Research Report on NPOAbout Enpro (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.Further ReadingFive stocks we like better than EnproHow is Compound Interest Calculated?Quantum Computing: The $6.5 Billion Opportunity You Can’t Ignore3 REITs to Buy and Hold for the Long TermAre Tariffs Threatening Disney’s Comeback Story?Investing in Construction StocksIs Alphabet a Generational Buying Opportunity at These Levels?Want to see what other hedge funds are holding NPO? Visit HoldingsChannel.
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