3,058 Shares in Enpro Inc. (NYSE:NPO) Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new position in shares of Enpro Inc. (NYSE:NPO) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,058 shares of the industrial products company’s stock, valued at approximately $495,000.

Several other hedge funds have also bought and sold shares of the business. Opal Wealth Advisors LLC bought a new position in shares of Enpro during the first quarter valued at approximately $32,000. Canada Pension Plan Investment Board purchased a new stake in shares of Enpro in the 4th quarter worth approximately $69,000. GAMMA Investing LLC grew its stake in shares of Enpro by 94.5% in the 1st quarter. GAMMA Investing LLC now owns 498 shares of the industrial products company’s stock worth $81,000 after buying an additional 242 shares during the last quarter. Sterling Capital Management LLC increased its position in Enpro by 786.6% during the 4th quarter. Sterling Capital Management LLC now owns 594 shares of the industrial products company’s stock valued at $102,000 after buying an additional 527 shares in the last quarter. Finally, Vista Finance LLC raised its stake in Enpro by 7.0% during the first quarter. Vista Finance LLC now owns 1,267 shares of the industrial products company’s stock valued at $205,000 after buying an additional 83 shares during the last quarter. Institutional investors own 98.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Wall Street Zen raised Enpro from a “hold” rating to a “buy” rating in a report on Tuesday, May 20th. KeyCorp reaffirmed an “overweight” rating on shares of Enpro in a research report on Tuesday, June 3rd. Finally, Sidoti upgraded shares of Enpro to a “strong-buy” rating in a research note on Wednesday, April 23rd.

Enpro Price Performance

Shares of NPO opened at $203.79 on Thursday. Enpro Inc. has a twelve month low of $133.50 and a twelve month high of $214.58. The company has a market capitalization of $4.29 billion, a P/E ratio of 50.69 and a beta of 1.57. The firm has a 50 day moving average of $189.49 and a 200 day moving average of $176.85. The company has a quick ratio of 2.21, a current ratio of 2.95 and a debt-to-equity ratio of 0.42.

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

Enpro Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th were paid a $0.31 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.61%. Enpro’s dividend payout ratio is presently 30.85%.

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.