Enpro (NYSE:NPO) Hits New 1-Year High at $171.63

Enpro Inc. (NYSE:NPO)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $171.63 and last traded at $171.45, with a volume of 39392 shares changing hands. The stock had previously closed at $165.12.

Enpro Price Performance

The company has a current ratio of 2.59, a quick ratio of 1.77 and a debt-to-equity ratio of 0.47. The stock has a market cap of $3.50 billion, a PE ratio of -1,194.06 and a beta of 1.43. The business has a fifty day simple moving average of $150.26 and a two-hundred day simple moving average of $153.60.

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

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Wednesday, June 5th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date was Wednesday, June 5th. Enpro’s dividend payout ratio is -857.08%.

Institutional Trading of Enpro

A number of hedge funds have recently made changes to their positions in the stock. Pitcairn Co. boosted its position in shares of Enpro by 1.9% during the first quarter. Pitcairn Co. now owns 4,050 shares of the industrial products company’s stock valued at $684,000 after buying an additional 77 shares during the last quarter. Illinois Municipal Retirement Fund boosted its holdings in Enpro by 0.7% in the first quarter. Illinois Municipal Retirement Fund now owns 12,198 shares of the industrial products company’s stock worth $2,059,000 after purchasing an additional 85 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in Enpro by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the industrial products company’s stock worth $1,528,000 after purchasing an additional 100 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Enpro by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,203 shares of the industrial products company’s stock valued at $466,000 after buying an additional 104 shares during the last quarter. Finally, Bahl & Gaynor Inc. lifted its holdings in shares of Enpro by 0.4% during the 1st quarter. Bahl & Gaynor Inc. now owns 33,891 shares of the industrial products company’s stock valued at $5,720,000 after buying an additional 122 shares during the period. 98.31% of the stock is owned by institutional investors.

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.