SG Americas Securities LLC grew its position in shares of Enpro Inc. (NYSE:NPO – Free Report) by 561.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,978 shares of the industrial products company’s stock after buying an additional 5,074 shares during the period. SG Americas Securities LLC’s holdings in Enpro were worth $1,351,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its stake in shares of Enpro by 36.2% in the second quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 51 shares in the last quarter. Vista Finance LLC boosted its holdings in Enpro by 4.1% in the 2nd quarter. Vista Finance LLC now owns 1,319 shares of the industrial products company’s stock valued at $253,000 after purchasing an additional 52 shares during the period. Maryland State Retirement & Pension System grew its position in shares of Enpro by 0.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company’s stock worth $1,185,000 after purchasing an additional 58 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Enpro by 0.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,023 shares of the industrial products company’s stock worth $1,428,000 after purchasing an additional 64 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its position in shares of Enpro by 3.7% in the second quarter. State Board of Administration of Florida Retirement System now owns 1,957 shares of the industrial products company’s stock valued at $375,000 after buying an additional 69 shares in the last quarter. Institutional investors own 98.31% of the company’s stock.
Enpro Trading Up 0.7%
Shares of NPO opened at $243.32 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.69 and a current ratio of 2.44. Enpro Inc. has a 52-week low of $133.50 and a 52-week high of $248.88. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 1.84 and a beta of 1.59. The business’s fifty day moving average is $220.19 and its 200-day moving average is $219.42.
Enpro Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.5%. Enpro’s payout ratio is 30.47%.
Analysts Set New Price Targets
A number of research firms have commented on NPO. Weiss Ratings restated a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Zacks Research cut Enpro from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, KeyCorp upped their price objective on shares of Enpro from $240.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $245.00.
Check Out Our Latest Research Report on NPO
Enpro Company Profile
Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.
Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.
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