Mutual of America Capital Management LLC Sells 123 Shares of Enpro Inc. (NYSE:NPO)

Mutual of America Capital Management LLC trimmed its position in shares of Enpro Inc. (NYSE:NPO) by 0.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,210 shares of the industrial products company’s stock after selling 123 shares during the period. Mutual of America Capital Management LLC owned 0.24% of Enpro worth $8,123,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors raised its position in shares of Enpro by 6.8% in the fourth quarter. Capital International Investors now owns 964,470 shares of the industrial products company’s stock worth $166,323,000 after buying an additional 60,998 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of Enpro by 4.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 950,690 shares of the industrial products company’s stock worth $163,947,000 after buying an additional 36,501 shares in the last quarter. Invesco Ltd. raised its position in shares of Enpro by 1.1% in the fourth quarter. Invesco Ltd. now owns 717,456 shares of the industrial products company’s stock worth $123,725,000 after buying an additional 7,911 shares in the last quarter. Capital World Investors purchased a new stake in shares of Enpro in the fourth quarter worth $108,825,000. Finally, Neuberger Berman Group LLC raised its position in shares of Enpro by 23.2% in the fourth quarter. Neuberger Berman Group LLC now owns 537,660 shares of the industrial products company’s stock worth $92,719,000 after buying an additional 101,257 shares in the last quarter. 98.31% of the stock is owned by institutional investors.

Enpro Stock Down 1.6%

NYSE NPO opened at $220.54 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.49 and a quick ratio of 2.21. The stock has a market capitalization of $4.64 billion, a PE ratio of 55.13, a PEG ratio of 2.55 and a beta of 1.62. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $229.54. The business’s 50-day moving average is $198.38 and its 200 day moving average is $181.20.

Enpro (NYSE:NPO) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.05). The business had revenue of $288.10 million during the quarter, compared to the consensus estimate of $283.83 million. Enpro had a return on equity of 10.49% and a net margin of 7.83%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.08 earnings per share. Sell-side analysts forecast that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be paid a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $1.24 annualized dividend and a dividend yield of 0.6%. Enpro’s dividend payout ratio (DPR) is presently 30.85%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NPO shares. Sidoti upgraded Enpro to a “strong-buy” rating in a research report on Wednesday, April 23rd. Oppenheimer raised their price target on Enpro from $215.00 to $240.00 and gave the company an “outperform” rating in a research report on Wednesday. Wall Street Zen upgraded Enpro from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, KeyCorp raised their price target on Enpro from $220.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday.

About Enpro

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.