Central Pacific Bank Trust Division Has $293,000 Stock Position in Enpro Inc. (NYSE:NPO)

Central Pacific Bank Trust Division lessened its position in shares of Enpro Inc. (NYSE:NPO) by 22.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,700 shares of the industrial products company’s stock after selling 500 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Enpro were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NPO. Dimensional Fund Advisors LP raised its position in Enpro by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,242,464 shares of the industrial products company’s stock worth $180,865,000 after purchasing an additional 7,992 shares in the last quarter. FMR LLC raised its holdings in shares of Enpro by 0.9% in the 3rd quarter. FMR LLC now owns 1,241,736 shares of the industrial products company’s stock worth $201,385,000 after buying an additional 11,643 shares in the last quarter. State Street Corp lifted its position in shares of Enpro by 1.1% during the 3rd quarter. State Street Corp now owns 807,572 shares of the industrial products company’s stock worth $130,972,000 after buying an additional 9,127 shares during the period. Geode Capital Management LLC boosted its stake in Enpro by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 484,216 shares of the industrial products company’s stock valued at $78,545,000 after buying an additional 5,502 shares in the last quarter. Finally, Congress Asset Management Co. grew its position in Enpro by 4.2% in the third quarter. Congress Asset Management Co. now owns 309,042 shares of the industrial products company’s stock valued at $50,120,000 after acquiring an additional 12,316 shares during the period. 98.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NPO has been the subject of a number of analyst reports. StockNews.com downgraded shares of Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. KeyCorp boosted their price target on shares of Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Finally, Oppenheimer upped their price objective on shares of Enpro from $170.00 to $215.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th.

Insider Buying and Selling at Enpro

In other news, CAO Steven R. Bower sold 300 shares of the company’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $162.50, for a total transaction of $48,750.00. Following the transaction, the chief accounting officer now owns 130 shares of the company’s stock, valued at $21,125. This represents a 69.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.60% of the company’s stock.

Enpro Price Performance

Shares of NPO stock opened at $170.90 on Friday. Enpro Inc. has a 52 week low of $136.68 and a 52 week high of $197.94. The stock has a market capitalization of $3.59 billion, a PE ratio of 66.50 and a beta of 1.50. 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 stock’s fifty day moving average is $174.51 and its 200-day moving average is $161.73.

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

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.70%. The ex-dividend date was Wednesday, December 4th. Enpro’s dividend payout ratio is 46.69%.

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.