Enpro Inc. (NYSE:NPO) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in shares of Enpro Inc. (NYSE:NPO) by 2.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,830 shares of the industrial products company’s stock after selling 171 shares during the quarter. Yousif Capital Management LLC’s holdings in Enpro were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in NPO. OFI Invest Asset Management acquired a new stake in shares of Enpro during the fourth quarter worth $60,000. Canada Pension Plan Investment Board acquired a new stake in shares of Enpro during the fourth quarter worth $69,000. Sterling Capital Management LLC lifted its stake in shares of Enpro by 786.6% in the 4th quarter. Sterling Capital Management LLC now owns 594 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 527 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Enpro by 386.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 647 shares of the industrial products company’s stock worth $111,000 after acquiring an additional 514 shares during the period. Finally, Orion Portfolio Solutions LLC acquired a new stake in shares of Enpro in the 4th quarter worth $209,000. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Price Performance

NPO stock opened at $188.86 on Wednesday. The firm has a 50 day moving average of $170.29 and a 200-day moving average of $175.16. Enpro Inc. has a 12-month low of $133.50 and a 12-month high of $214.58. The company has a current ratio of 2.95, a quick ratio of 2.21 and a debt-to-equity ratio of 0.42. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 46.98 and a beta of 1.59.

Enpro (NYSE:NPO) last issued its quarterly earnings data on Tuesday, May 6th. The industrial products company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.33. The firm had revenue of $273.20 million during the quarter, compared to analysts’ expectations of $266.23 million. Enpro had a return on equity of 10.67% and a net margin of 7.98%. Enpro’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.57 earnings per share. As a group, equities analysts expect that Enpro Inc. will post 7.38 EPS for the current fiscal year.

Enpro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend is Wednesday, June 4th. Enpro’s dividend payout ratio (DPR) is presently 30.85%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NPO. KeyCorp restated an “overweight” rating on shares of Enpro in a research report on Tuesday, June 3rd. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a report on Tuesday, May 20th. Finally, Sidoti upgraded shares of Enpro to a “strong-buy” rating in a research note on Wednesday, April 23rd.

Enpro Profile

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.