Enpro Inc. (NYSE:NPO) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Enpro Inc. (NYSE:NPO) by 0.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,242,464 shares of the industrial products company’s stock after purchasing an additional 7,992 shares during the period. Dimensional Fund Advisors LP owned approximately 5.93% of Enpro worth $180,865,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Enpro by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 2,335,491 shares of the industrial products company’s stock valued at $366,065,000 after purchasing an additional 22,611 shares during the period. Jennison Associates LLC increased its holdings in shares of Enpro by 1.3% in the first quarter. Jennison Associates LLC now owns 446,823 shares of the industrial products company’s stock valued at $75,410,000 after purchasing an additional 5,805 shares during the period. Congress Asset Management Co. MA boosted its stake in shares of Enpro by 10.5% in the first quarter. Congress Asset Management Co. MA now owns 312,823 shares of the industrial products company’s stock valued at $52,795,000 after buying an additional 29,694 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Enpro by 8.5% in the fourth quarter. Wellington Management Group LLP now owns 306,173 shares of the industrial products company’s stock valued at $47,990,000 after buying an additional 24,091 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Enpro by 8.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 222,851 shares of the industrial products company’s stock valued at $34,930,000 after buying an additional 17,605 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Stock Up 3.6 %

Enpro stock opened at $162.41 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.72 and a quick ratio of 1.90. Enpro Inc. has a 1-year low of $106.08 and a 1-year high of $176.13. The company has a market cap of $3.40 billion, a PE ratio of -1,160.07 and a beta of 1.40. The stock’s 50 day moving average price is $156.83 and its 200 day moving average price is $153.91.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.23. The firm had revenue of $271.90 million for the quarter, compared to the consensus estimate of $270.90 million. Enpro had a return on equity of 9.54% and a net margin of 4.14%. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.83 earnings per share. On average, sell-side analysts predict that Enpro Inc. will post 7.4 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $1.20 dividend on an annualized basis and a yield of 0.74%. Enpro’s payout ratio is -857.14%.

Insiders Place Their Bets

In other Enpro news, CAO Steven R. Bower sold 1,548 shares of the business’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $150.06, for a total transaction of $232,292.88. Following the sale, the chief accounting officer now directly owns 604 shares in the company, valued at $90,636.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Enpro from a “hold” rating to a “buy” rating in a research note on Monday, September 2nd.

Enpro Company 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.