Universal Beteiligungs und Servicegesellschaft mbH Makes New $1.97 Million Investment in Enpro Inc. (NYSE:NPO)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Enpro Inc. (NYSE:NPO - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,193 shares of the industrial products company's stock, valued at approximately $1,973,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Enpro as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new position in Enpro in the 4th quarter valued at approximately $707,000. LPL Financial LLC increased its position in shares of Enpro by 19.3% during the fourth quarter. LPL Financial LLC now owns 19,391 shares of the industrial products company's stock valued at $3,357,000 after purchasing an additional 3,139 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Enpro by 28.6% in the fourth quarter. JPMorgan Chase & Co. now owns 136,617 shares of the industrial products company's stock valued at $23,560,000 after purchasing an additional 30,346 shares in the last quarter. Pictet Asset Management Holding SA lifted its position in Enpro by 18.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,987 shares of the industrial products company's stock worth $515,000 after purchasing an additional 468 shares during the period. Finally, Orion Portfolio Solutions LLC acquired a new stake in Enpro during the fourth quarter worth $209,000. 98.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on NPO shares. Sidoti upgraded shares of Enpro to a "strong-buy" rating in a research note on Wednesday, April 23rd. KeyCorp reissued an "overweight" rating on shares of Enpro in a research note on Tuesday, June 3rd. Finally, Wall Street Zen cut shares of Enpro from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th.

Enpro Price Performance

Shares of NYSE NPO traded down $2.62 during midday trading on Friday, reaching $209.79. 172,631 shares of the company traded hands, compared to its average volume of 133,679. Enpro Inc. has a 12 month low of $133.50 and a 12 month high of $218.93. 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's 50-day simple moving average is $195.27 and its 200-day simple moving average is $179.88. The firm has a market cap of $4.41 billion, a PE ratio of 52.19, a PEG ratio of 2.43 and a beta of 1.57.

Enpro (NYSE:NPO - Get Free Report) last announced its earnings results on Tuesday, May 6th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.33. Enpro had a net margin of 7.98% and a return on equity of 10.67%. 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 company posted $1.57 EPS. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. As a group, equities analysts anticipate that Enpro Inc. will post 7.38 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, September 3rd. Enpro's dividend payout ratio (DPR) is presently 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.