Kennedy Capital Management LLC boosted its holdings in shares of Enpro Inc. (NYSE:NPO – Free Report) by 19.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,293 shares of the industrial products company’s stock after buying an additional 11,473 shares during the period. Kennedy Capital Management LLC owned approximately 0.33% of Enpro worth $14,838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in NPO. AQR Capital Management LLC increased its position in Enpro by 67.2% during the 1st quarter. AQR Capital Management LLC now owns 3,287 shares of the industrial products company’s stock valued at $532,000 after buying an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Enpro by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,506 shares of the industrial products company’s stock valued at $2,023,000 after purchasing an additional 552 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Enpro in the first quarter valued at about $247,000. United Services Automobile Association acquired a new position in shares of Enpro in the first quarter valued at about $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Enpro by 17.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 68,906 shares of the industrial products company’s stock valued at $11,148,000 after purchasing an additional 10,162 shares during the period. 98.31% of the stock is owned by institutional investors and hedge funds.
Enpro Stock Down 0.0%
Shares of NPO stock opened at $334.56 on Monday. Enpro Inc. has a fifty-two week low of $179.64 and a fifty-two week high of $341.95. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.40 and a current ratio of 2.20. The firm has a market capitalization of $7.07 billion, a PE ratio of 164.81, a P/E/G ratio of 2.44 and a beta of 1.55. The stock’s 50-day simple moving average is $298.17 and its 200-day simple moving average is $261.21.
Enpro Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd will be paid a $0.32 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Enpro’s dividend payout ratio is presently 63.05%.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on NPO shares. Weiss Ratings raised Enpro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Oppenheimer increased their price objective on Enpro from $240.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. KeyCorp increased their price objective on Enpro from $310.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered Enpro from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $315.00.
Get Our Latest Stock Analysis on NPO
Enpro Company Profile
Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.
Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.
Featured Articles
- Five stocks we like better than Enpro
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Enpro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enpro and related companies with MarketBeat.com's FREE daily email newsletter.
