EnPro Industries, Inc. (NPO) SVP Acquires $75,540.00 in Stock
EnPro Industries, Inc. (NYSE:NPO) SVP Steven R. Bower acquired 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of $75.54 per share, with a total value of $75,540.00. Following the completion of the transaction, the senior vice president now owns 1,118 shares of the company’s stock, valued at approximately $84,453.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
EnPro Industries, Inc. (NYSE:NPO) traded up $0.88 during trading on Friday, reaching $73.02. 212,688 shares of the company traded hands, compared to its average volume of 157,501. The company has a current ratio of 3.06, a quick ratio of 2.32 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $1,557.69, a PE ratio of 3.01, a P/E/G ratio of 1.20 and a beta of 1.17. EnPro Industries, Inc. has a 52-week low of $62.19 and a 52-week high of $94.79.
EnPro Industries (NYSE:NPO) last announced its earnings results on Tuesday, February 13th. The industrial products company reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.02. The company had revenue of $362.50 million during the quarter, compared to analyst estimates of $348.10 million. EnPro Industries had a net margin of 40.39% and a return on equity of 8.02%. research analysts anticipate that EnPro Industries, Inc. will post 3.87 earnings per share for the current fiscal year.
Several research firms recently issued reports on NPO. Zacks Investment Research upgraded shares of EnPro Industries from a “sell” rating to a “buy” rating and set a $86.00 price objective for the company in a research report on Saturday, February 17th. B. Riley restated a “buy” rating on shares of EnPro Industries in a research report on Thursday, February 15th. 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 research report on Thursday, December 14th. Finally, KeyCorp upgraded shares of EnPro Industries from a “sector weight” rating to an “overweight” rating and set a $105.00 price objective for the company in a research report on Friday, December 8th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $96.00.
A number of hedge funds have recently made changes to their positions in NPO. Goldman Sachs Group Inc. boosted its stake 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 period. State Street Corp boosted its stake in EnPro Industries by 3.8% during the second quarter. State Street Corp now owns 529,442 shares of the industrial products company’s stock worth $37,786,000 after buying an additional 19,542 shares during the period. First Trust Advisors LP boosted its stake in EnPro Industries by 4.9% during the third quarter. First Trust Advisors LP now owns 20,306 shares of the industrial products company’s stock worth $1,635,000 after buying an additional 954 shares during the period. Crossmark Global Holdings Inc. purchased a new position in EnPro Industries during the third quarter worth about $344,000. Finally, Gamco Investors INC. ET AL boosted its stake in EnPro Industries by 33.9% during the third quarter. Gamco Investors INC. ET AL now owns 400,220 shares of the industrial products company’s stock worth $32,230,000 after buying an additional 101,400 shares during the period. 94.22% of the stock is owned by institutional investors.
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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.
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