GSA Capital Partners LLP Has $1.23 Million Stake in EnPro Industries, Inc. (NPO)

GSA Capital Partners LLP lifted its position in shares of EnPro Industries, Inc. (NYSE:NPO) by 52.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,322 shares of the industrial products company’s stock after purchasing an additional 5,271 shares during the period. GSA Capital Partners LLP owned 0.07% of EnPro Industries worth $1,234,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in EnPro Industries by 9.9% during the second quarter. Goldman Sachs Group Inc. now owns 17,029 shares of the industrial products company’s stock worth $1,216,000 after buying an additional 1,529 shares during the last quarter. Allianz Asset Management GmbH purchased a new stake in EnPro Industries during the third quarter worth about $7,927,000. American Century Companies Inc. increased its holdings in EnPro Industries by 19.4% during the second quarter. American Century Companies Inc. now owns 463,864 shares of the industrial products company’s stock worth $33,106,000 after buying an additional 75,506 shares during the last quarter. Northern Trust Corp increased its holdings in EnPro Industries by 1.2% during the second quarter. Northern Trust Corp now owns 282,334 shares of the industrial products company’s stock worth $20,149,000 after buying an additional 3,476 shares during the last quarter. Finally, Castleark Management LLC purchased a new stake in EnPro Industries during the second quarter worth about $6,456,000. 92.67% of the stock is currently owned by institutional investors.

A number of analysts recently issued reports on NPO shares. B. Riley set a $100.00 price objective on shares of EnPro Industries and gave the stock a “buy” rating in a report on Tuesday, November 21st. Zacks Investment Research upgraded shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a report on Tuesday, January 2nd. FBR & Co set a $100.00 price objective on shares of EnPro Industries and gave the stock a “buy” rating in a report on Tuesday, October 31st. KeyCorp restated a “hold” rating on shares of EnPro Industries in a report on Friday, October 20th. Finally, Oppenheimer raised their price objective on shares of EnPro Industries from $85.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $99.17.

EnPro Industries, Inc. (NYSE NPO) traded up $0.23 on Friday, hitting $92.96. 105,155 shares of the stock traded hands, compared to its average volume of 141,772. The stock has a market capitalization of $1,980.00, a P/E ratio of 4.03, a price-to-earnings-growth ratio of 1.74 and a beta of 1.18. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.27 and a quick ratio of 1.59. EnPro Industries, Inc. has a 52-week low of $61.36 and a 52-week high of $94.79.

EnPro Industries (NYSE:NPO) last posted its earnings results on Monday, October 30th. The industrial products company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.16). The business had revenue of $343.70 million during the quarter, compared to analysts’ expectations of $324.00 million. EnPro Industries had a return on equity of 7.92% and a net margin of 40.74%. EnPro Industries’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.28 EPS. research analysts expect that EnPro Industries, Inc. will post 2.72 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were paid a $0.22 dividend. The ex-dividend date was Tuesday, December 5th. This represents a $0.88 annualized dividend and a dividend yield of 0.95%. EnPro Industries’s payout ratio is 3.82%.

EnPro Industries declared that its board has authorized a stock repurchase program on Monday, October 30th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the industrial products company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

In other news, insider Stephen E. Macadam sold 25,000 shares of EnPro Industries stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $84.06, for a total value of $2,101,500.00. Following the completion of the transaction, the insider now owns 194,447 shares in the company, valued at $16,345,214.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is owned by company insiders.

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EnPro Industries Company Profile

EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.

Institutional Ownership by Quarter for EnPro Industries (NYSE:NPO)

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