New York State Common Retirement Fund Sells 12,258 Shares of Enpro Inc. (NYSE:NPO)

New York State Common Retirement Fund lowered its position in Enpro Inc. (NYSE:NPO - Free Report) by 52.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,944 shares of the industrial products company's stock after selling 12,258 shares during the period. New York State Common Retirement Fund owned about 0.05% of Enpro worth $1,771,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in shares of Enpro in the 1st quarter valued at $32,000. Canada Pension Plan Investment Board bought a new position in Enpro during the 4th quarter worth about $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 in the last quarter. 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 in the last quarter. Finally, Orion Portfolio Solutions LLC bought a new position in Enpro during the 4th quarter worth about $209,000. Institutional investors own 98.31% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on NPO shares. Wall Street Zen cut Enpro from a "buy" rating to a "hold" rating in a report on Saturday. KeyCorp reiterated an "overweight" rating on shares of Enpro in a report on Tuesday, June 3rd. Finally, Sidoti upgraded Enpro to a "strong-buy" rating in a report on Wednesday, April 23rd.

Enpro Stock Up 0.9%

Shares of NYSE NPO traded up $1.93 during mid-day trading on Friday, hitting $208.07. The company had a trading volume of 46,908 shares, compared to its average volume of 117,086. The company has a market capitalization of $4.38 billion, a PE ratio of 51.76, a price-to-earnings-growth ratio of 2.34 and a beta of 1.57. The firm has a 50-day simple moving average of $192.78 and a two-hundred day simple moving average of $178.51. The company has a current ratio of 2.95, a quick ratio of 2.21 and a debt-to-equity ratio of 0.42. Enpro Inc. has a one year low of $133.50 and a one year high of $214.58.

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

Enpro Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were paid a $0.31 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $1.24 annualized dividend and a yield of 0.60%. Enpro's dividend payout ratio (DPR) 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.