Hsbc Holdings PLC Has $1.31 Million Stock Position in Enpro Inc. (NYSE:NPO)

Hsbc Holdings PLC increased its position in shares of Enpro Inc. (NYSE:NPO - Free Report) by 125.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,589 shares of the industrial products company's stock after acquiring an additional 4,227 shares during the period. Hsbc Holdings PLC's holdings in Enpro were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NPO. Synovus Financial Corp raised its holdings in Enpro by 102.7% during the third quarter. Synovus Financial Corp now owns 13,972 shares of the industrial products company's stock valued at $2,266,000 after buying an additional 7,078 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Enpro by 4.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 106,271 shares of the industrial products company's stock worth $17,235,000 after purchasing an additional 4,123 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Enpro by 4.2% during the 4th quarter. Sei Investments Co. now owns 44,440 shares of the industrial products company's stock worth $7,663,000 after buying an additional 1,788 shares during the period. Principal Financial Group Inc. grew its position in shares of Enpro by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 101,873 shares of the industrial products company's stock valued at $17,568,000 after purchasing an additional 2,949 shares during the last quarter. Finally, Congress Asset Management Co. increased its stake in shares of Enpro by 1.5% in the fourth quarter. Congress Asset Management Co. now owns 313,759 shares of the industrial products company's stock worth $54,108,000 after purchasing an additional 4,717 shares during the period. Hedge funds and other institutional investors own 98.31% of the company's stock.

Enpro Stock Performance

Shares of NPO traded down $2.31 on Monday, reaching $155.35. 165,444 shares of the stock traded hands, compared to its average volume of 111,587. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 44.90 and a beta of 1.46. Enpro Inc. has a 12 month low of $133.50 and a 12 month high of $214.58. The stock's 50-day moving average price is $160.34 and its 200-day moving average price is $170.96. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.59 and a quick ratio of 2.00.

Enpro (NYSE:NPO - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $1.57 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.10. Enpro had a net margin of 6.95% and a return on equity of 10.25%. The company had revenue of $258.40 million during the quarter, compared to the consensus estimate of $250.10 million. During the same period last year, the firm earned $1.19 EPS. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. Equities analysts forecast that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be given a dividend of $0.31 per share. The ex-dividend date is Wednesday, June 4th. This represents a $1.24 annualized dividend and a dividend yield of 0.80%. Enpro's dividend payout ratio (DPR) is presently 35.84%.

Insider Buying and Selling at Enpro

In other Enpro news, CAO Steven R. Bower sold 997 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $199.66, for a total transaction of $199,061.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. KeyCorp lowered their target price on Enpro from $230.00 to $190.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Sidoti raised shares of Enpro to a "strong-buy" rating in a research report on Wednesday, April 23rd.

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.