KBC Group NV Has $154,000 Stock Holdings in Enpro Inc. (NYSE:NPO)

KBC Group NV grew its stake in Enpro Inc. (NYSE:NPO) by 34.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 891 shares of the industrial products company’s stock after purchasing an additional 227 shares during the quarter. KBC Group NV’s holdings in Enpro were worth $154,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Barclays PLC lifted its stake in Enpro by 115.6% in the third quarter. Barclays PLC now owns 60,694 shares of the industrial products company’s stock valued at $9,845,000 after buying an additional 32,544 shares during the period. Congress Asset Management Co. increased its stake in shares of Enpro by 4.2% in the 3rd 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 last quarter. Citigroup Inc. raised its position in shares of Enpro by 80.7% in the 3rd quarter. Citigroup Inc. now owns 26,381 shares of the industrial products company’s stock valued at $4,278,000 after acquiring an additional 11,785 shares during the period. FMR LLC boosted its stake in Enpro by 0.9% during the 3rd quarter. FMR LLC now owns 1,241,736 shares of the industrial products company’s stock worth $201,385,000 after acquiring an additional 11,643 shares during the last quarter. Finally, State Street Corp grew its holdings in Enpro by 1.1% during the third quarter. State Street Corp now owns 807,572 shares of the industrial products company’s stock valued at $130,972,000 after purchasing an additional 9,127 shares during the period. 98.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NPO has been the topic of several analyst reports. StockNews.com lowered shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Oppenheimer lifted their target price on Enpro from $170.00 to $215.00 and gave the stock an “outperform” rating in a report on Monday, December 16th. Finally, KeyCorp increased their price target on Enpro from $180.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th.

Enpro Stock Up 1.1 %

Enpro stock opened at $190.19 on Friday. Enpro Inc. has a twelve month low of $136.68 and a twelve month high of $197.94. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average of $179.19 and a 200-day moving average of $165.97. The stock has a market capitalization of $3.99 billion, a PE ratio of 74.00 and a beta of 1.49.

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

Insider Transactions at Enpro

In other Enpro news, CAO Steven R. Bower sold 300 shares of Enpro 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 directly owns 130 shares in the company, valued at approximately $21,125. The trade was a 69.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.70% of the stock is owned by insiders.

About Enpro

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.