Enpro Inc. (NYSE:NPO) Position Cut by First National Bank of Omaha

First National Bank of Omaha decreased its position in shares of Enpro Inc. (NYSE:NPO) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,390 shares of the industrial products company’s stock after selling 276 shares during the quarter. First National Bank of Omaha’s holdings in Enpro were worth $2,658,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. State Street Corp grew its position in Enpro by 1.1% in the 3rd quarter. State Street Corp now owns 807,572 shares of the industrial products company’s stock worth $130,972,000 after purchasing an additional 9,127 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Enpro by 10.6% during the third quarter. Stifel Financial Corp now owns 10,414 shares of the industrial products company’s stock worth $1,689,000 after buying an additional 995 shares during the period. Harvey Partners LLC grew its holdings in Enpro by 1.9% in the 3rd quarter. Harvey Partners LLC now owns 212,500 shares of the industrial products company’s stock worth $34,463,000 after buying an additional 4,000 shares in the last quarter. HighTower Advisors LLC increased its position in Enpro by 7.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,411 shares of the industrial products company’s stock valued at $553,000 after acquiring an additional 242 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in Enpro in the 3rd quarter valued at approximately $222,000. Institutional investors own 98.31% of the company’s stock.

Insider Buying and Selling at Enpro

In other news, CAO Steven R. Bower sold 300 shares of Enpro stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $162.50, for a total value of $48,750.00. Following the transaction, the chief accounting officer now directly owns 130 shares of the company’s stock, valued at $21,125. This trade represents a 69.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.70% of the stock is owned by corporate insiders.

Enpro Trading Down 1.1 %

Shares of Enpro stock opened at $193.00 on Monday. The business has a fifty day simple moving average of $165.46 and a 200-day simple moving average of $157.47. Enpro Inc. has a fifty-two week low of $130.20 and a fifty-two week high of $197.37. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 75.10 and a beta of 1.48. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.43.

Enpro (NYSE:NPO) last issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.13). The business had revenue of $260.90 million during the quarter, compared to analyst estimates of $264.47 million. Enpro had a net margin of 5.20% and a return on equity of 9.71%. Enpro’s revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.58 earnings per share. On average, equities analysts forecast that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $1.20 annualized dividend and a yield of 0.62%. Enpro’s dividend payout ratio (DPR) is 46.69%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th.

Enpro Company 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.