C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $736,000 in Enpro Inc. (NYSE:NPO)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Enpro Inc. (NYSE:NPO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,267 shares of the industrial products company’s stock, valued at approximately $736,000.

Several other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC grew its position in shares of Enpro by 168.1% during the 3rd quarter. GAMMA Investing LLC now owns 319 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 200 shares during the period. Blue Trust Inc. raised its position in shares of Enpro by 357.4% during the 3rd quarter. Blue Trust Inc. now owns 526 shares of the industrial products company’s stock valued at $85,000 after purchasing an additional 411 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Enpro during the 3rd quarter valued at $99,000. KBC Group NV lifted its stake in shares of Enpro by 24.3% during the 3rd quarter. KBC Group NV now owns 664 shares of the industrial products company’s stock valued at $108,000 after buying an additional 130 shares in the last quarter. Finally, OLD National Bancorp IN bought a new position in Enpro in the 3rd quarter worth $200,000. Institutional investors own 98.31% of the company’s stock.

Enpro Stock Performance

Shares of NYSE NPO opened at $190.14 on Friday. The company has a market cap of $3.99 billion, a P/E ratio of 73.98 and a beta of 1.49. Enpro Inc. has a 52-week low of $136.68 and a 52-week high of $197.94. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.00 and a current ratio of 2.76. The firm’s fifty day moving average is $178.99 and its two-hundred day moving average is $166.57.

Enpro Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.31 per share. This is a positive change from Enpro’s previous quarterly dividend of $0.30. This represents a $1.24 dividend on an annualized basis and a yield of 0.65%. Enpro’s dividend payout ratio is presently 46.69%.

Analyst Upgrades and Downgrades

NPO has been the topic of a number of recent analyst reports. Oppenheimer raised their price target on Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a report on Monday, December 16th. StockNews.com downgraded Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Finally, KeyCorp boosted their price target on Enpro from $180.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th.

Enpro Profile

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.