EnPro Industries Inc. (NPO) Sees Strong Trading Volume
EnPro Industries Inc. (NYSE:NPO) saw an uptick in trading volume on Wednesday . 361,724 shares were traded during trading, an increase of 134% from the previous session’s volume of 154,907 shares.The stock last traded at $50.88 and had previously closed at $46.10.
A number of brokerages have commented on NPO. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of EnPro Industries in a report on Sunday, May 8th. Zacks Investment Research cut shares of EnPro Industries from a “strong-buy” rating to a “sell” rating in a report on Tuesday, May 3rd.
The stock has a 50 day moving average price of $46.38 and a 200 day moving average price of $49.93. The stock’s market capitalization is $1.10 billion.
EnPro Industries (NYSE:NPO) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.66 by $0.06. The business had revenue of $313.20 million for the quarter, compared to analyst estimates of $311.87 million. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $0.69 EPS. Equities analysts anticipate that EnPro Industries Inc. will post $2.80 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.66%. The ex-dividend date is Tuesday, August 30th.
In other EnPro Industries news, Director Gordon D. Harnett acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, May 10th. The stock was acquired at an average cost of $46.97 per share, for a total transaction of $46,970.00. Following the purchase, the director now owns 2,860 shares in the company, valued at approximately $134,334.20. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director John Humphrey acquired 2,000 shares of the firm’s stock in a transaction on Monday, May 9th. The shares were acquired at an average price of $46.50 per share, with a total value of $93,000.00. Following the completion of the purchase, the director now owns 1,800 shares in the company, valued at approximately $83,700. The disclosure for this purchase can be found here.
Other institutional investors have recently bought and sold shares of the company. Rhumbline Advisers raised its position in EnPro Industries by 6.1% in the fourth quarter. Rhumbline Advisers now owns 35,332 shares of the company’s stock valued at $1,549,000 after buying an additional 2,025 shares during the period. California State Teachers Retirement System raised its position in EnPro Industries by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 42,333 shares of the company’s stock valued at $1,856,000 after buying an additional 750 shares during the period. Principal Financial Group Inc. raised its position in EnPro Industries by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 144,527 shares of the company’s stock valued at $6,336,000 after buying an additional 6,373 shares during the period. Finally, Morgan Stanley raised its position in EnPro Industries by 923.7% in the fourth quarter. Morgan Stanley now owns 224,717 shares of the company’s stock valued at $9,851,000 after buying an additional 202,766 shares during the period.
EnPro Industries, Inc (EnPro) is engaged in the designing, developing, manufacturing, and marketing engineered industrial products. The Company operates through three segments: Sealing Products, Engineered Products and Power Systems. Its Sealing Products segment designs, manufactures and sells sealing products, including metallic, non-metallic and composite material gaskets, resilient metal seals, elastomeric seals, hydraulic components, expansion joints and casing end seals.
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