Enpro Inc. (NYSE:NPO) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. grew its holdings in shares of Enpro Inc. (NYSE:NPO) by 55.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,212 shares of the industrial products company’s stock after purchasing an additional 432 shares during the period. Pacer Advisors Inc.’s holdings in Enpro were worth $209,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Barclays PLC lifted its stake in Enpro by 115.6% during the third quarter. Barclays PLC now owns 60,694 shares of the industrial products company’s stock worth $9,845,000 after purchasing an additional 32,544 shares during the last quarter. Congress Asset Management Co. raised its holdings in Enpro by 4.2% during the third quarter. Congress Asset Management Co. now owns 309,042 shares of the industrial products company’s stock worth $50,120,000 after purchasing an additional 12,316 shares in the last quarter. Citigroup Inc. lifted its position in shares of Enpro by 80.7% during the 3rd quarter. Citigroup Inc. now owns 26,381 shares of the industrial products company’s stock worth $4,278,000 after buying an additional 11,785 shares during the last quarter. FMR LLC boosted its holdings in shares of Enpro by 0.9% in the 3rd quarter. FMR LLC now owns 1,241,736 shares of the industrial products company’s stock valued at $201,385,000 after buying an additional 11,643 shares in the last quarter. Finally, State Street Corp grew its position in shares of Enpro by 1.1% in the 3rd quarter. State Street Corp now owns 807,572 shares of the industrial products company’s stock valued at $130,972,000 after buying an additional 9,127 shares during the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro Trading Up 0.5 %

NYSE NPO opened at $184.51 on Wednesday. Enpro Inc. has a one year low of $136.68 and a one year high of $197.94. The firm has a market cap of $3.87 billion, a PE ratio of 71.79 and a beta of 1.49. The firm’s fifty day moving average is $179.14 and its two-hundred day moving average is $165.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.00 and a current ratio of 2.76.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.13). Enpro had a net margin of 5.20% and a return on equity of 9.71%. The company had revenue of $260.90 million for the quarter, compared to analysts’ expectations of $264.47 million. During the same period in the prior year, the company earned $1.58 earnings per share. The firm’s revenue was up 4.1% on a year-over-year basis. Analysts expect that Enpro Inc. will post 6.89 earnings per share for the current year.

Insider Activity

In related news, CAO Steven R. Bower sold 300 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $162.50, for a total transaction of $48,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 130 shares of the company’s stock, valued at $21,125. This represents a 69.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NPO. StockNews.com cut shares of Enpro from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. KeyCorp upped their target price on Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Finally, Oppenheimer lifted their price target on Enpro from $170.00 to $215.00 and gave the stock an “outperform” rating in a research report on Monday, December 16th.

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.