Everence Capital Management Inc. Has $435,000 Position in Enpro Inc. (NYSE:NPO)

Everence Capital Management Inc. lessened its stake in shares of Enpro Inc. (NYSE:NPO) by 30.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,520 shares of the industrial products company’s stock after selling 1,100 shares during the quarter. Everence Capital Management Inc.’s holdings in Enpro were worth $435,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of Montreal Can boosted its holdings in shares of Enpro by 3.2% during the second quarter. Bank of Montreal Can now owns 2,595 shares of the industrial products company’s stock worth $395,000 after acquiring an additional 80 shares during the period. Creative Planning boosted its stake in Enpro by 3.1% in the 2nd quarter. Creative Planning now owns 3,501 shares of the industrial products company’s stock valued at $510,000 after purchasing an additional 106 shares during the period. Inspire Investing LLC grew its holdings in Enpro by 5.1% in the 3rd quarter. Inspire Investing LLC now owns 2,552 shares of the industrial products company’s stock valued at $414,000 after buying an additional 124 shares in the last quarter. KBC Group NV lifted its holdings in shares of Enpro by 24.3% during the third quarter. KBC Group NV now owns 664 shares of the industrial products company’s stock worth $108,000 after buying an additional 130 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in Enpro by 10.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,494 shares of the industrial products company’s stock valued at $242,000 after purchasing an additional 143 shares during the period. Institutional investors and hedge funds own 98.31% of the company’s stock.

Insider Transactions at Enpro

In related news, CAO Steven R. Bower sold 300 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $162.50, for a total value of $48,750.00. Following the sale, the chief accounting officer now owns 130 shares of the company’s stock, valued at $21,125. The trade was a 69.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on NPO. KeyCorp upped their target price on Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Oppenheimer raised their target price on shares of Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a report on Monday, December 16th. Finally, StockNews.com cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

Enpro Stock Up 1.0 %

NPO stock opened at $170.90 on Monday. The firm has a 50-day moving average price of $174.51 and a 200-day moving average price of $161.82. Enpro Inc. has a 12 month low of $136.68 and a 12 month high of $197.94. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $3.59 billion, a P/E ratio of 66.50 and a beta of 1.50.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates 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 prior year, the business earned $1.58 EPS. The business’s quarterly revenue was up 4.1% on a year-over-year basis. As a group, equities research analysts anticipate that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date was Wednesday, December 4th. Enpro’s 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.