OMERS ADMINISTRATION Corp Buys Shares of 2,000 Enpro Inc. (NYSE:NPO)

OMERS ADMINISTRATION Corp bought a new stake in shares of Enpro Inc. (NYSE:NPO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,000 shares of the industrial products company's stock, valued at approximately $345,000.

Several other hedge funds and other institutional investors have also bought and sold shares of NPO. Capital World Investors bought a new position in Enpro during the 4th quarter valued at about $108,825,000. Bamco Inc. NY bought a new position in Enpro during the 4th quarter valued at about $24,208,000. Neuberger Berman Group LLC lifted its stake in Enpro by 23.2% during the 4th quarter. Neuberger Berman Group LLC now owns 537,660 shares of the industrial products company's stock valued at $92,719,000 after acquiring an additional 101,257 shares during the period. Raymond James Financial Inc. bought a new position in shares of Enpro in the 4th quarter worth approximately $11,067,000. Finally, Capital International Investors lifted its stake in shares of Enpro by 6.8% in the 4th quarter. Capital International Investors now owns 964,470 shares of the industrial products company's stock worth $166,323,000 after purchasing an additional 60,998 shares during the period. Institutional investors own 98.31% of the company's stock.

Insiders Place Their Bets

In other Enpro news, CAO Steven R. Bower sold 997 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $199.66, for a total transaction of $199,061.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

NPO has been the topic of several recent research reports. Sidoti upgraded shares of Enpro to a "strong-buy" rating in a research note on Wednesday, April 23rd. 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 note on Tuesday, April 8th.

Enpro Price Performance

Shares of NYSE:NPO opened at $184.69 on Tuesday. The firm's 50 day moving average price is $160.99 and its 200-day moving average price is $173.10. Enpro Inc. has a twelve month low of $133.50 and a twelve month high of $214.58. The company has a quick ratio of 2.00, a current ratio of 2.59 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $3.89 billion, a PE ratio of 53.38 and a beta of 1.51.

Enpro (NYSE:NPO - Get Free Report) last issued 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 net margin of 6.95% and a return on equity of 10.25%. The firm had revenue of $273.20 million for the quarter, compared to analysts' expectations of $266.23 million. During the same quarter in the prior year, the business earned $1.57 EPS. The business's quarterly revenue was up 6.1% on a year-over-year basis. Equities research 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 will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Wednesday, June 4th. Enpro's payout ratio is 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.

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