Enpro Inc. (NYSE:NPO) Holdings Lifted by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC grew its holdings in shares of Enpro Inc. (NYSE:NPO) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,446 shares of the industrial products company’s stock after buying an additional 6,789 shares during the period. Segall Bryant & Hamill LLC’s holdings in Enpro were worth $25,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Natixis Advisors LLC raised its stake in Enpro by 4.9% during the 3rd quarter. Natixis Advisors LLC now owns 13,330 shares of the industrial products company’s stock valued at $2,162,000 after acquiring an additional 623 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Enpro by 10.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,636 shares of the industrial products company’s stock valued at $590,000 after purchasing an additional 349 shares in the last quarter. Intech Investment Management LLC lifted its holdings in Enpro by 58.0% in the third quarter. Intech Investment Management LLC now owns 5,183 shares of the industrial products company’s stock worth $841,000 after purchasing an additional 1,903 shares during the period. Charles Schwab Investment Management Inc. grew its position in Enpro by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 249,165 shares of the industrial products company’s stock valued at $40,410,000 after buying an additional 3,218 shares in the last quarter. Finally, Citigroup Inc. increased its stake in Enpro by 80.7% during the 3rd quarter. Citigroup Inc. now owns 26,381 shares of the industrial products company’s stock valued at $4,278,000 after buying an additional 11,785 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Steven R. Bower sold 997 shares of the business’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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on NPO shares. Oppenheimer increased their price objective on shares of Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a report on Monday, December 16th. StockNews.com downgraded shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, KeyCorp increased their target price on shares of Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th.

Enpro Trading Up 4.4 %

Shares of NYSE NPO opened at $179.78 on Tuesday. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 51.96 and a beta of 1.52. The business has a 50 day simple moving average of $182.43 and a 200 day simple moving average of $172.16. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.59. Enpro Inc. has a 52 week low of $136.68 and a 52 week high of $214.58.

Enpro (NYSE:NPO) last released its earnings results on Wednesday, February 19th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. Enpro had a return on equity of 10.25% and a net margin of 6.95%. The firm had revenue of $258.40 million for the quarter, compared to analyst estimates of $250.10 million. During the same quarter last year, the firm posted $1.19 EPS. The company’s revenue was up 3.7% on a year-over-year basis. On average, research analysts predict that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.31 per share. This is a positive change from Enpro’s previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a yield of 0.69%. The ex-dividend date was Wednesday, March 5th. Enpro’s dividend payout ratio is currently 35.84%.

Enpro Profile

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.