Blue Trust Inc. Buys 411 Shares of Enpro Inc. (NYSE:NPO)

Blue Trust Inc. raised its holdings in shares of Enpro Inc. (NYSE:NPO) by 357.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 526 shares of the industrial products company’s stock after purchasing an additional 411 shares during the period. Blue Trust Inc.’s holdings in Enpro were worth $85,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaMark Advisors LLC bought a new position in shares of Enpro during the 3rd quarter worth approximately $352,000. Creative Planning boosted its stake in shares of Enpro by 32.9% during the 3rd quarter. Creative Planning now owns 4,652 shares of the industrial products company’s stock worth $754,000 after acquiring an additional 1,151 shares in the last quarter. Inspire Investing LLC grew its holdings in Enpro by 5.1% in the third quarter. Inspire Investing LLC now owns 2,552 shares of the industrial products company’s stock valued at $414,000 after purchasing an additional 124 shares during the period. GAMMA Investing LLC increased its holdings in Enpro by 168.1% in the 3rd quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 200 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in Enpro by 9.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 4,600 shares of the industrial products company’s stock worth $746,000 after buying an additional 400 shares during the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Enpro news, CAO Steven R. Bower sold 1,548 shares of Enpro stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $150.06, for a total transaction of $232,292.88. Following the completion of the sale, the chief accounting officer now directly owns 604 shares of the company’s stock, valued at $90,636.24. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.70% of the company’s stock.

Enpro Stock Down 0.1 %

Shares of NYSE:NPO opened at $149.29 on Wednesday. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 73.91 and a beta of 1.40. Enpro Inc. has a 12-month low of $106.08 and a 12-month high of $176.13. The business has a 50-day moving average price of $155.61 and a 200 day moving average price of $153.06. The company has a current ratio of 2.72, a quick ratio of 1.90 and a debt-to-equity ratio of 0.45.

Enpro (NYSE:NPO) last issued its quarterly earnings data 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 business had revenue of $271.90 million during the quarter, compared to analysts’ expectations of $270.90 million. Enpro had a return on equity of 9.54% and a net margin of 4.14%. The company’s revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.83 earnings per share. Sell-side analysts expect that Enpro Inc. will post 7.4 EPS for the current year.

Enpro Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Investors of record on Wednesday, September 4th were issued a $0.30 dividend. The ex-dividend date was Wednesday, September 4th. This represents a $1.20 dividend on an annualized basis and a yield of 0.80%. Enpro’s dividend payout ratio (DPR) is presently 59.41%.

Wall Street Analyst Weigh In

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

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.