MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income Increases Stock Position in EnPro Industries, Inc. (NYSE:NPO)

MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income raised its position in shares of EnPro Industries, Inc. (NYSE:NPOGet Rating) by 13.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 108,615 shares of the industrial products company’s stock after buying an additional 12,980 shares during the period. MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income’s holdings in EnPro Industries were worth $10,615,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NPO. Teacher Retirement System of Texas lifted its position in shares of EnPro Industries by 6.2% in the 1st quarter. Teacher Retirement System of Texas now owns 4,014 shares of the industrial products company’s stock worth $392,000 after purchasing an additional 233 shares during the period. Leeward Investments LLC MA purchased a new stake in shares of EnPro Industries in the 1st quarter worth about $20,265,000. M&T Bank Corp lifted its position in shares of EnPro Industries by 3.7% in the 1st quarter. M&T Bank Corp now owns 5,301 shares of the industrial products company’s stock worth $518,000 after purchasing an additional 189 shares during the period. Qube Research & Technologies Ltd purchased a new stake in shares of EnPro Industries in the 1st quarter worth about $580,000. Finally, IndexIQ Advisors LLC purchased a new stake in shares of EnPro Industries in the 1st quarter worth about $402,000. Hedge funds and other institutional investors own 94.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NPO. StockNews.com raised shares of EnPro Industries from a “hold” rating to a “buy” rating in a research report on Monday, May 16th. KeyCorp lifted their price target on shares of EnPro Industries from $115.00 to $122.00 and gave the company an “overweight” rating in a research report on Wednesday.

EnPro Industries Stock Up 1.4 %

NYSE NPO traded up $1.34 during trading hours on Friday, reaching $98.64. 58,938 shares of the company’s stock traded hands, compared to its average volume of 78,729. EnPro Industries, Inc. has a 52-week low of $76.14 and a 52-week high of $117.63. The firm has a market cap of $2.05 billion, a PE ratio of 11.46 and a beta of 1.39. The firm has a 50-day simple moving average of $87.72 and a 200 day simple moving average of $96.30. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.91 and a quick ratio of 1.35.

EnPro Industries (NYSE:NPOGet Rating) last released its quarterly earnings data on Tuesday, August 2nd. The industrial products company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.50. The business had revenue of $333.30 million during the quarter, compared to analyst estimates of $325.57 million. EnPro Industries had a net margin of 14.62% and a return on equity of 11.42%. EnPro Industries’s revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business earned $1.56 EPS. Sell-side analysts anticipate that EnPro Industries, Inc. will post 7.24 EPS for the current fiscal year.

EnPro Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 14th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.28 per share. The ex-dividend date is Tuesday, August 30th. This represents a $1.12 dividend on an annualized basis and a yield of 1.14%. EnPro Industries’s dividend payout ratio is currently 13.01%.

EnPro Industries Profile

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EnPro Industries, Inc engages in the design, development, manufacture, marketing, and service of engineered industrial products in the United States, Europe, and internationally. It operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic, flange, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.

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Institutional Ownership by Quarter for EnPro Industries (NYSE:NPO)

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