Enpro Inc. (NYSE:NPO) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in Enpro Inc. (NYSE:NPO) by 4.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,330 shares of the industrial products company’s stock after buying an additional 623 shares during the quarter. Natixis Advisors LLC owned about 0.06% of Enpro worth $2,162,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Opal Wealth Advisors LLC acquired a new position in shares of Enpro during the 2nd quarter worth approximately $29,000. Innealta Capital LLC purchased a new stake in shares of Enpro in the second quarter valued at approximately $48,000. GAMMA Investing LLC increased its holdings in shares of Enpro by 168.1% in the third quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 200 shares during the last quarter. Blue Trust Inc. grew its holdings in Enpro by 357.4% in the 3rd quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock valued at $85,000 after buying an additional 411 shares in the last quarter. Finally, KBC Group NV raised its holdings in shares of Enpro by 24.3% during the 3rd quarter. KBC Group NV now owns 664 shares of the industrial products company’s stock worth $108,000 after acquiring an additional 130 shares during the period. 98.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Enpro Trading Up 2.3 %

NYSE NPO opened at $184.22 on Monday. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 71.68 and a beta of 1.41. Enpro Inc. has a one year low of $126.71 and a one year high of $186.08. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.00 and a current ratio of 2.76. The firm has a 50 day simple moving average of $159.05 and a 200-day simple moving average of $154.59.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.13). The firm had revenue of $260.90 million for the quarter, compared to analyst estimates of $264.47 million. Enpro had a return on equity of 9.71% and a net margin of 5.20%. The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 EPS. Equities research analysts anticipate that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Wednesday, December 4th. Enpro’s dividend payout ratio (DPR) is 46.69%.

Insider Activity at Enpro

In other news, CAO Steven R. Bower sold 300 shares of Enpro stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $162.50, for a total transaction of $48,750.00. Following the sale, the chief accounting officer now owns 130 shares in the company, valued at approximately $21,125. The trade was a 69.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.60% of the company’s stock.

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.