Leeward Investments LLC MA Sells 441 Shares of Enpro Inc. (NYSE:NPO)

Leeward Investments LLC MA decreased its holdings in Enpro Inc. (NYSE:NPO) by 0.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 132,801 shares of the industrial products company’s stock after selling 441 shares during the quarter. Enpro accounts for approximately 1.0% of Leeward Investments LLC MA’s investment portfolio, making the stock its 27th biggest holding. Leeward Investments LLC MA’s holdings in Enpro were worth $21,538,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in shares of Enpro by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,242,464 shares of the industrial products company’s stock worth $180,865,000 after purchasing an additional 7,992 shares during the last quarter. Congress Asset Management Co. raised its position in Enpro by 4.2% in the 3rd quarter. Congress Asset Management Co. now owns 309,042 shares of the industrial products company’s stock valued at $50,120,000 after buying an additional 12,316 shares during the last quarter. Tributary Capital Management LLC raised its position in Enpro by 0.6% in the 2nd quarter. Tributary Capital Management LLC now owns 184,359 shares of the industrial products company’s stock valued at $26,837,000 after buying an additional 1,077 shares during the last quarter. abrdn plc lifted its stake in Enpro by 1.5% during the 3rd quarter. abrdn plc now owns 177,327 shares of the industrial products company’s stock valued at $28,759,000 after acquiring an additional 2,654 shares in the last quarter. Finally, Swedbank AB purchased a new position in Enpro during the 1st quarter worth $28,691,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Enpro from a “buy” rating to a “hold” rating in a research report on Wednesday.

Enpro Price Performance

Shares of NYSE NPO opened at $165.85 on Thursday. The company has a market capitalization of $3.48 billion, a PE ratio of 82.10 and a beta of 1.41. The company has a quick ratio of 1.90, a current ratio of 2.72 and a debt-to-equity ratio of 0.45. The stock’s 50 day moving average price is $154.71 and its 200-day moving average price is $152.97. Enpro Inc. has a twelve month low of $116.43 and a twelve month high of $176.13.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.87 by ($0.13). Enpro had a return on equity of 9.54% and a net margin of 4.14%. The business had revenue of $260.90 million during the quarter, compared to analysts’ expectations of $264.47 million. During the same period in the prior year, the firm posted $1.58 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. On average, equities analysts anticipate that Enpro Inc. will post 7.4 EPS for the current year.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, December 4th. This represents a $1.20 dividend on an annualized basis and a yield of 0.72%. Enpro’s dividend payout ratio (DPR) is presently 59.41%.

Insiders Place Their Bets

In other news, CAO Steven R. Bower sold 1,548 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $150.06, for a total transaction of $232,292.88. Following the completion of the sale, the chief accounting officer now owns 604 shares in the company, valued at $90,636.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.70% of the company’s stock.

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.