Enpro Inc. (NYSE:NPO) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its stake in shares of Enpro Inc. (NYSE:NPO - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,108 shares of the industrial products company's stock after selling 5,497 shares during the quarter. Enpro accounts for approximately 1.0% of Leeward Investments LLC MA's holdings, making the stock its 23rd largest holding. Leeward Investments LLC MA owned about 0.56% of Enpro worth $19,109,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NPO. Opal Wealth Advisors LLC purchased a new stake in Enpro during the 1st quarter worth approximately $32,000. OFI Invest Asset Management purchased a new stake in Enpro during the 4th quarter worth approximately $60,000. Canada Pension Plan Investment Board purchased a new stake in Enpro during the 4th quarter worth approximately $69,000. GAMMA Investing LLC increased its holdings in Enpro by 94.5% during the 1st quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company's stock worth $81,000 after purchasing an additional 242 shares during the last quarter. Finally, Sterling Capital Management LLC increased 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 worth $102,000 after purchasing an additional 527 shares during the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Sidoti upgraded Enpro to a "strong-buy" rating in a report on Wednesday, April 23rd. KeyCorp reiterated an "overweight" rating on shares of Enpro in a report on Tuesday, June 3rd. Finally, Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th.

Enpro Stock Performance

Shares of NYSE NPO traded up $1.75 during trading on Friday, reaching $203.29. The stock had a trading volume of 57,264 shares, compared to its average volume of 118,146. Enpro Inc. has a one year low of $133.50 and a one year high of $214.58. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.21 and a current ratio of 2.95. The stock has a market cap of $4.28 billion, a PE ratio of 50.57 and a beta of 1.57. The firm's 50 day moving average price is $182.28 and its two-hundred day moving average price is $175.31.

Enpro (NYSE:NPO - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The industrial products company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.33. Enpro had a return on equity of 10.67% and a net margin of 7.98%. The business had revenue of $273.20 million during the quarter, compared to the consensus estimate of $266.23 million. During the same period in the previous year, the business earned $1.57 EPS. The business's quarterly revenue was up 6.1% on a year-over-year basis. On average, research analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a $1.24 dividend on an annualized basis and a yield of 0.61%. Enpro's dividend payout ratio is currently 30.85%.

Enpro Company 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.