Barclays PLC Buys 17,890 Shares of Enpro Inc. (NYSE:NPO)

Barclays PLC raised its stake in Enpro Inc. (NYSE:NPO - Free Report) by 29.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,584 shares of the industrial products company's stock after buying an additional 17,890 shares during the period. Barclays PLC owned approximately 0.37% of Enpro worth $13,551,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. OFI Invest Asset Management acquired a new stake in Enpro during the 4th quarter valued at $60,000. Wilmington Savings Fund Society FSB purchased a new stake in Enpro in the 3rd quarter worth about $99,000. Sterling Capital Management LLC grew its stake in Enpro by 786.6% during the 4th quarter. Sterling Capital Management LLC now owns 594 shares of the industrial products company's stock valued at $102,000 after acquiring an additional 527 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Enpro by 386.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 647 shares of the industrial products company's stock valued at $111,000 after purchasing an additional 514 shares during the period. Finally, KBC Group NV lifted its position in shares of Enpro by 34.2% in the fourth quarter. KBC Group NV now owns 891 shares of the industrial products company's stock worth $154,000 after purchasing an additional 227 shares in the last quarter. Institutional investors and hedge funds own 98.31% of the company's stock.

Analyst Upgrades and Downgrades

Separately, KeyCorp lowered their price objective on shares of Enpro from $230.00 to $190.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th.

Insider Buying and Selling at Enpro

In other news, CAO Steven R. Bower sold 997 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total value of $199,061.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.60% of the company's stock.

Enpro Stock Down 0.2 %

Shares of Enpro stock traded down $0.32 during trading on Friday, hitting $148.78. 14,033 shares of the stock traded hands, compared to its average volume of 129,265. The stock has a market cap of $3.13 billion, a P/E ratio of 43.00 and a beta of 1.46. The company has a fifty day moving average price of $167.03 and a two-hundred day moving average price of $171.08. Enpro Inc. has a twelve month low of $133.50 and a twelve month high of $214.58. 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 - Get Free Report) last posted its earnings results on Wednesday, February 19th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.10. The firm had revenue of $258.40 million during the quarter, compared to analysts' expectations of $250.10 million. Enpro had a net margin of 6.95% and a return on equity of 10.25%. The company's revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.19 earnings per share. Equities research analysts predict that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.83%. This is a boost from Enpro's previous quarterly dividend of $0.30. Enpro's dividend payout ratio is presently 35.84%.

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.