Nordea Investment Management AB Purchases 3,132 Shares of Enpro Inc. (NYSE:NPO)

Nordea Investment Management AB boosted its position in Enpro Inc. (NYSE:NPOFree Report) by 18.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 20,344 shares of the industrial products company’s stock after purchasing an additional 3,132 shares during the period. Nordea Investment Management AB owned about 0.10% of Enpro worth $3,457,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Enpro by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 2,335,491 shares of the industrial products company’s stock valued at $366,065,000 after purchasing an additional 22,611 shares during the last quarter. Wellington Management Group LLP lifted its stake in Enpro by 25.2% in the 3rd quarter. Wellington Management Group LLP now owns 282,082 shares of the industrial products company’s stock valued at $34,186,000 after purchasing an additional 56,757 shares during the last quarter. Welch Group LLC acquired a new stake in Enpro in the 4th quarter valued at about $313,000. Congress Asset Management Co. MA lifted its stake in Enpro by 7.3% in the 4th quarter. Congress Asset Management Co. MA now owns 283,129 shares of the industrial products company’s stock valued at $44,378,000 after purchasing an additional 19,336 shares during the last quarter. Finally, Schroder Investment Management Group lifted its stake in Enpro by 51.3% in the 4th quarter. Schroder Investment Management Group now owns 104,837 shares of the industrial products company’s stock valued at $16,432,000 after purchasing an additional 35,546 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Enpro Stock Down 1.2 %

Shares of NYSE:NPO opened at $143.17 on Wednesday. Enpro Inc. has a 52-week low of $106.08 and a 52-week high of $170.63. The company has a 50-day simple moving average of $147.76 and a 200 day simple moving average of $153.07. The company has a current ratio of 2.59, a quick ratio of 1.77 and a debt-to-equity ratio of 0.47.

Enpro (NYSE:NPOGet Free Report) last issued its earnings results on Tuesday, May 7th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.03. The business had revenue of $257.50 million during the quarter, compared to the consensus estimate of $269.00 million. Enpro had a negative net margin of 0.26% and a positive return on equity of 9.17%. Enpro’s revenue was down 8.9% on a year-over-year basis. During the same period last year, the business posted $1.95 EPS. Research analysts forecast that Enpro Inc. will post 7.45 earnings per share for the current fiscal year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Wednesday, June 5th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, June 5th. This represents a $1.20 annualized dividend and a yield of 0.84%. Enpro’s dividend payout ratio (DPR) is presently -857.08%.

Enpro Company Profile

(Free Report)

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.

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Institutional Ownership by Quarter for Enpro (NYSE:NPO)

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