Barclays PLC lifted its position in shares of EnPro Industries, Inc. (NYSE:NPO) by 22.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,873 shares of the industrial products company’s stock after purchasing an additional 2,326 shares during the quarter. Barclays PLC’s holdings in EnPro Industries were worth $996,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of EnPro Industries during the first quarter worth $121,000. Invictus RG bought a new position in shares of EnPro Industries during the fourth quarter worth $308,000. ETRADE Capital Management LLC bought a new position in shares of EnPro Industries during the fourth quarter worth $342,000. Profund Advisors LLC boosted its position in shares of EnPro Industries by 35.9% during the first quarter. Profund Advisors LLC now owns 3,678 shares of the industrial products company’s stock worth $285,000 after purchasing an additional 972 shares in the last quarter. Finally, Koch Industries Inc. boosted its position in shares of EnPro Industries by 19.8% during the fourth quarter. Koch Industries Inc. now owns 3,837 shares of the industrial products company’s stock worth $359,000 after purchasing an additional 634 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.
NPO has been the topic of a number of recent analyst reports. Oppenheimer set a $100.00 price target on shares of EnPro Industries and gave the stock a “buy” rating in a research report on Thursday, May 3rd. TheStreet cut shares of EnPro Industries from a “b” rating to a “c+” rating in a research report on Thursday. ValuEngine raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research report on Thursday, May 17th. Zacks Investment Research raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, KeyCorp reduced their price target on shares of EnPro Industries from $105.00 to $90.00 and set an “overweight” rating on the stock in a research report on Thursday, May 3rd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. EnPro Industries has an average rating of “Hold” and a consensus target price of $95.20.
NPO opened at $69.75 on Monday. The firm has a market capitalization of $1.50 billion, a P/E ratio of 30.33, a P/E/G ratio of 1.34 and a beta of 1.07. EnPro Industries, Inc. has a 12 month low of $66.01 and a 12 month high of $94.79. The company has a current ratio of 3.45, a quick ratio of 2.52 and a debt-to-equity ratio of 0.67.
EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Wednesday, May 2nd. The industrial products company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.11). The company had revenue of $368.80 million during the quarter, compared to the consensus estimate of $355.07 million. EnPro Industries had a net margin of 38.71% and a return on equity of 7.77%. The company’s revenue was up 24.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.30 earnings per share. equities analysts forecast that EnPro Industries, Inc. will post 3.75 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 20th. Investors of record on Wednesday, June 6th were given a $0.24 dividend. The ex-dividend date was Tuesday, June 5th. This represents a $0.96 annualized dividend and a yield of 1.38%. EnPro Industries’s dividend payout ratio is currently 41.74%.
EnPro Industries Profile
EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packings; resilient metal seals; elastomeric seals; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; modular sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; bellows and bellows assemblies; pedestals; custom-engineered mechanical seals; polytetrafluoroethylene products; and heavy-duty commercial vehicle parts.
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