EnPro Industries (NYSE:NPO) has been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $97.50.

NPO has been the topic of a number of recent analyst reports. FBR & Co set a $100.00 price objective on EnPro Industries and gave the company a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research downgraded EnPro Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, November 3rd. BidaskClub downgraded EnPro Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 26th. KeyCorp reaffirmed a “hold” rating on shares of EnPro Industries in a research note on Friday, October 20th. Finally, B. Riley set a $100.00 price target on EnPro Industries and gave the stock a “buy” rating in a research note on Tuesday, November 21st.

In other news, insider Stephen E. Macadam sold 25,000 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $84.06, for a total value of $2,101,500.00. Following the completion of the sale, the insider now directly owns 194,447 shares of the company’s stock, valued at $16,345,214.82. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.60% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. GSA Capital Partners LLP grew its holdings in shares of EnPro Industries by 52.4% in the third quarter. GSA Capital Partners LLP now owns 15,322 shares of the industrial products company’s stock valued at $1,234,000 after acquiring an additional 5,271 shares in the last quarter. Cubist Systematic Strategies LLC grew its holdings in EnPro Industries by 64.2% during the third quarter. Cubist Systematic Strategies LLC now owns 2,489 shares of the industrial products company’s stock valued at $200,000 after purchasing an additional 973 shares during the period. Silver Point Capital L.P. grew its holdings in EnPro Industries by 2.4% during the third quarter. Silver Point Capital L.P. now owns 1,895,600 shares of the industrial products company’s stock valued at $152,653,000 after purchasing an additional 45,000 shares during the period. Allianz Asset Management GmbH bought a new position in EnPro Industries during the third quarter valued at $7,927,000. Finally, Cramer Rosenthal Mcglynn LLC grew its holdings in EnPro Industries by 1.4% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 253,756 shares of the industrial products company’s stock valued at $20,435,000 after purchasing an additional 3,485 shares during the period. 92.70% of the stock is owned by institutional investors.

EnPro Industries (NYSE:NPO) opened at $89.33 on Friday. The stock has a market capitalization of $1,910.00, a PE ratio of 48.99, a PEG ratio of 2.24 and a beta of 1.18. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.27 and a quick ratio of 1.59. EnPro Industries has a 52 week low of $61.36 and a 52 week high of $91.00.

EnPro Industries (NYSE:NPO) last announced its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.16). The business had revenue of $343.70 million during the quarter, compared to analyst estimates of $324.00 million. EnPro Industries had a net margin of 40.74% and a return on equity of 7.92%. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 earnings per share. sell-side analysts predict that EnPro Industries will post 2.51 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Tuesday, December 5th. EnPro Industries’s dividend payout ratio (DPR) is presently 3.82%.

EnPro Industries announced that its Board of Directors has approved a stock repurchase program on Monday, October 30th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

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About EnPro Industries

EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.

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