Sanctuary Advisors LLC Purchases 86 Shares of Enpro Inc. (NYSE:NPO)

Sanctuary Advisors LLC increased its position in Enpro Inc. (NYSE:NPO) by 5.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,580 shares of the industrial products company’s stock after acquiring an additional 86 shares during the quarter. Sanctuary Advisors LLC’s holdings in Enpro were worth $295,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. FMR LLC boosted its position in shares of Enpro by 0.9% in the third quarter. FMR LLC now owns 1,241,736 shares of the industrial products company’s stock valued at $201,385,000 after acquiring an additional 11,643 shares during the period. State Street Corp lifted its position 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 last quarter. Geode Capital Management LLC lifted its position in Enpro by 1.1% during the third quarter. Geode Capital Management LLC now owns 484,216 shares of the industrial products company’s stock valued at $78,545,000 after purchasing an additional 5,502 shares during the last quarter. Congress Asset Management Co. lifted its position in Enpro by 1.5% during the fourth quarter. Congress Asset Management Co. now owns 313,759 shares of the industrial products company’s stock valued at $54,108,000 after purchasing an additional 4,717 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Enpro by 1.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 249,165 shares of the industrial products company’s stock valued at $40,410,000 after purchasing an additional 3,218 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on NPO. Oppenheimer lifted their target price on shares of Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. KeyCorp lifted their target price 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, StockNews.com lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

Insider Buying and Selling

In related news, CAO Steven R. Bower sold 997 shares of Enpro stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $199.66, for a total value of $199,061.02. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.60% of the stock is owned by insiders.

Enpro Trading Down 1.7 %

NPO stock opened at $175.01 on Wednesday. The company has a market capitalization of $3.71 billion, a PE ratio of 50.58 and a beta of 1.49. Enpro Inc. has a one year low of $136.68 and a one year high of $214.58. The company’s 50 day moving average price is $181.17 and its two-hundred day moving average price is $170.21. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.59.

Enpro (NYSE:NPO) last posted its quarterly earnings results on Wednesday, February 19th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. The firm had revenue of $258.40 million for the quarter, compared to the consensus estimate of $250.10 million. Enpro had a net margin of 6.95% and a return on equity of 10.25%. The business’s revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm posted $1.19 earnings per share. As a group, analysts predict that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.71%. This is an increase from Enpro’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, March 5th. Enpro’s payout ratio is presently 35.84%.

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.