Everence Capital Management Inc. Has $435,000 Stake in Enpro Inc. (NYSE:NPO)

Everence Capital Management Inc. cut its position in shares of Enpro Inc. (NYSE:NPO) by 30.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,520 shares of the industrial products company’s stock after selling 1,100 shares during the quarter. Everence Capital Management Inc.’s holdings in Enpro were worth $435,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Bank of Montreal Can grew its holdings in Enpro by 3.2% during the 2nd quarter. Bank of Montreal Can now owns 2,595 shares of the industrial products company’s stock worth $395,000 after acquiring an additional 80 shares during the period. Creative Planning boosted its position in shares of Enpro by 3.1% during the 2nd quarter. Creative Planning now owns 3,501 shares of the industrial products company’s stock valued at $510,000 after purchasing an additional 106 shares in the last quarter. Inspire Investing LLC grew its stake in Enpro by 5.1% during the third quarter. Inspire Investing LLC now owns 2,552 shares of the industrial products company’s stock worth $414,000 after purchasing an additional 124 shares during the period. KBC Group NV lifted its stake in Enpro by 24.3% in the third 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 during the period. Finally, Sanctuary Advisors LLC boosted its holdings in shares of Enpro by 10.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,494 shares of the industrial products company’s stock worth $242,000 after buying an additional 143 shares in the last quarter. Institutional investors own 98.31% of the company’s stock.

Enpro Stock Performance

Shares of NPO stock opened at $170.90 on Monday. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.43. The firm has a fifty day simple moving average of $174.51 and a two-hundred day simple moving average of $161.82. Enpro Inc. has a 12 month low of $136.68 and a 12 month high of $197.94. The firm has a market capitalization of $3.59 billion, a PE ratio of 66.50 and a beta of 1.50.

Enpro (NYSE:NPO) last posted its 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 return on equity of 9.71% and a net margin of 5.20%. The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.58 EPS. Analysts forecast that Enpro Inc. will post 6.89 EPS for the current fiscal year.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.70%. The ex-dividend date was Wednesday, December 4th. Enpro’s dividend payout ratio (DPR) is presently 46.69%.

Insiders Place Their Bets

In other Enpro news, CAO Steven R. Bower sold 300 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $162.50, for a total value of $48,750.00. Following the completion of the sale, the chief accounting officer now directly owns 130 shares of the company’s stock, valued at approximately $21,125. This represents a 69.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Oppenheimer lifted their price objective on shares of Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. StockNews.com lowered shares of Enpro from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, KeyCorp raised their target price on Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th.

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.