UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Holdings in Enpro Inc. (NYSE:NPO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Enpro Inc. (NYSE:NPO - Free Report) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,744 shares of the industrial products company's stock after purchasing an additional 9,058 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.28% of Enpro worth $10,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. OFI Invest Asset Management bought a new stake in Enpro in the 4th quarter worth approximately $60,000. Canada Pension Plan Investment Board bought a new position in Enpro in the fourth quarter valued at about $69,000. Sterling Capital Management LLC boosted its position in Enpro by 786.6% in the fourth 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. Smartleaf Asset Management LLC increased its position in shares of 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 purchasing an additional 514 shares during the last quarter. Finally, KBC Group NV lifted its stake in shares of Enpro by 34.2% in the 4th quarter. KBC Group NV now owns 891 shares of the industrial products company's stock worth $154,000 after purchasing an additional 227 shares during the period. Institutional investors own 98.31% of the company's stock.

Enpro Price Performance

Shares of NPO traded up $2.22 during mid-day trading on Tuesday, reaching $185.27. The stock had a trading volume of 61,820 shares, compared to its average volume of 114,700. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 53.55 and a beta of 1.51. Enpro Inc. has a 12 month low of $133.50 and a 12 month high of $214.58. The business has a fifty day moving average of $162.21 and a 200 day moving average of $174.51. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.59.

Enpro (NYSE:NPO - Get Free Report) last released its 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 net margin of 6.95% and a return on equity of 10.25%. The company had revenue of $273.20 million for the quarter, compared to analysts' expectations of $266.23 million. During the same quarter in the previous year, the company earned $1.57 EPS. Enpro's revenue for the quarter was up 6.1% on a year-over-year basis. Equities analysts predict that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.67%. The ex-dividend date is Wednesday, June 4th. Enpro's dividend payout ratio (DPR) is presently 30.85%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on NPO shares. Sidoti raised shares of Enpro to a "strong-buy" rating in a research report on Wednesday, April 23rd. Wall Street Zen raised Enpro from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Finally, KeyCorp reduced their price target on Enpro from $230.00 to $190.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th.

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.