Deutsche Bank AG Acquires 5,938 Shares of Enpro Inc. (NYSE:NPO)

Deutsche Bank AG boosted its stake in shares of Enpro Inc. (NYSE:NPO - Free Report) by 45.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,124 shares of the industrial products company's stock after acquiring an additional 5,938 shares during the quarter. Deutsche Bank AG owned 0.09% of Enpro worth $3,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. OFI Invest Asset Management purchased a new stake in Enpro during the 4th quarter valued at about $60,000. Canada Pension Plan Investment Board purchased a new stake in Enpro during the 4th quarter valued at about $69,000. Sterling Capital Management LLC boosted its holdings 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 during the period. Smartleaf Asset Management LLC boosted its holdings in Enpro by 386.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 647 shares of the industrial products company's stock valued at $111,000 after acquiring an additional 514 shares during the period. Finally, KBC Group NV boosted its holdings in Enpro by 34.2% during the 4th quarter. KBC Group NV now owns 891 shares of the industrial products company's stock valued at $154,000 after acquiring an additional 227 shares during the period. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.60% of the company's stock.

Wall Street Analyst Weigh In

NPO has been the subject of several analyst reports. Sidoti upgraded Enpro to a "strong-buy" rating in a report on Wednesday, April 23rd. KeyCorp dropped their price objective on Enpro from $230.00 to $190.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Finally, Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a report on Tuesday.

Enpro Trading Down 1.6%

NYSE NPO traded down $2.91 on Friday, hitting $175.73. The company's stock had a trading volume of 70,260 shares, compared to its average volume of 112,749. Enpro Inc. has a 52-week low of $133.50 and a 52-week high of $214.58. The company has a current ratio of 2.59, a quick ratio of 2.00 and a debt-to-equity ratio of 0.44. The company's 50-day simple moving average is $161.49 and its 200 day simple moving average is $173.64. The firm has a market cap of $3.70 billion, a P/E ratio of 50.79 and a beta of 1.51.

Enpro (NYSE:NPO - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The industrial products company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.33. Enpro had a return on equity of 10.25% and a net margin of 6.95%. The business had revenue of $273.20 million during the quarter, compared to analysts' expectations of $266.23 million. During the same quarter last year, the business posted $1.57 EPS. The business's revenue was up 6.1% on a year-over-year basis. Research analysts predict that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, June 4th. Enpro's dividend payout ratio is currently 30.85%.

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.