Enpro Inc. (NYSE:NPO) Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. reduced its position in Enpro Inc. (NYSE:NPO) by 3.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,091 shares of the industrial products company’s stock after selling 80 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Enpro were worth $353,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Brown Advisory Inc. raised its holdings in Enpro by 49.6% during the fourth quarter. Brown Advisory Inc. now owns 482,639 shares of the industrial products company’s stock worth $75,649,000 after purchasing an additional 159,984 shares in the last quarter. Norges Bank acquired a new position in Enpro during the fourth quarter worth $24,026,000. Jennison Associates LLC raised its position in Enpro by 21.0% in the fourth quarter. Jennison Associates LLC now owns 441,018 shares of the industrial products company’s stock worth $69,125,000 after acquiring an additional 76,684 shares in the last quarter. Schroder Investment Management Group lifted its holdings in Enpro by 51.3% in the fourth quarter. Schroder Investment Management Group now owns 104,837 shares of the industrial products company’s stock valued at $16,432,000 after acquiring an additional 35,546 shares during the period. Finally, Congress Asset Management Co. MA lifted its holdings in Enpro by 10.5% in the first quarter. Congress Asset Management Co. MA now owns 312,823 shares of the industrial products company’s stock valued at $52,795,000 after acquiring an additional 29,694 shares during the period. Institutional investors and hedge funds own 98.31% of the company’s stock.

Enpro Price Performance

Shares of NYSE NPO opened at $163.72 on Thursday. The company’s fifty day moving average is $150.06 and its two-hundred day moving average is $153.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.77 and a current ratio of 2.59. The firm has a market capitalization of $3.43 billion, a P/E ratio of -1,169.35 and a beta of 1.43. Enpro Inc. has a one year low of $106.08 and a one year high of $171.63.

Enpro (NYSE:NPO) last released its quarterly earnings data on Tuesday, May 7th. The industrial products company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.03. Enpro had a negative net margin of 0.26% and a positive return on equity of 9.17%. The firm had revenue of $257.50 million for the quarter, compared to the consensus estimate of $269.00 million. During the same quarter in the previous year, the firm earned $1.95 earnings per share. The firm’s revenue was down 8.9% on a year-over-year basis. Analysts forecast that Enpro Inc. will post 7.45 EPS for the current fiscal year.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Wednesday, June 5th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, June 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.73%. Enpro’s payout ratio is -857.08%.

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.