B. Metzler seel. Sohn & Co. AG Makes New $1.93 Million Investment in Enpro Inc. $NPO

Key Points

• B. Metzler seel. Sohn & Co. AG invested $1.93 million in Enpro Inc., acquiring 11,911 shares during the first quarter.
• Enpro's stock price is currently down 3.4%, with a market cap of $4.60 billion and a P/E ratio of 54.65.
• The company announced a quarterly dividend of $0.31 per share, with an annualized yield of 0.6% and a payout ratio of 31%.

B. Metzler seel. Sohn & Co. AG bought a new position in Enpro Inc. (NYSE:NPO - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,911 shares of the industrial products company's stock, valued at approximately $1,927,000. B. Metzler seel. Sohn & Co. AG owned approximately 0.06% of Enpro as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in Enpro in the first quarter worth approximately $32,000. GAMMA Investing LLC increased its holdings in shares of Enpro by 94.5% during the first quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company's stock valued at $81,000 after acquiring an additional 242 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Enpro during the first quarter valued at approximately $115,000. Vista Finance LLC increased its holdings in shares of Enpro by 7.0% during the first quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company's stock valued at $205,000 after acquiring an additional 83 shares in the last quarter. Finally, Ellevest Inc. bought a new stake in shares of Enpro during the fourth quarter valued at approximately $238,000. 98.31% of the stock is currently owned by institutional investors.

Enpro Stock Up 2.5%

Enpro stock traded up $5.36 during trading on Thursday, hitting $217.14. 94,052 shares of the company were exchanged, compared to its average volume of 112,336. The business's 50 day moving average is $212.61 and its 200 day moving average is $186.62. Enpro Inc. has a 52 week low of $133.50 and a 52 week high of $231.94. The company has a market capitalization of $4.57 billion, a P/E ratio of 54.28, a PEG ratio of 2.12 and a beta of 1.57. The company has a current ratio of 2.49, a quick ratio of 1.65 and a debt-to-equity ratio of 0.31.

Enpro (NYSE:NPO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.05). Enpro had a return on equity of 10.49% and a net margin of 7.83%.The company had revenue of $288.10 million for the quarter, compared to the consensus estimate of $283.83 million. During the same quarter last year, the company posted $2.08 EPS. The company's quarterly revenue was up 6.0% compared to the same quarter last year. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. Analysts predict that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be issued a dividend of $0.31 per share. The ex-dividend date is Wednesday, September 3rd. This represents a $1.24 annualized dividend and a yield of 0.6%. Enpro's dividend payout ratio is 31.00%.

Insider Transactions at Enpro

In related news, EVP Robert Savage Mclean sold 2,541 shares of the company's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total transaction of $568,599.57. Following the completion of the sale, the executive vice president owned 29,116 shares in the company, valued at approximately $6,515,287.32. This represents a 8.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NPO. Oppenheimer boosted their price objective on Enpro from $215.00 to $240.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. KeyCorp boosted their price objective on Enpro from $220.00 to $240.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a report on Sunday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $240.00.

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.