Louisiana State Employees Retirement System Acquires 100 Shares of Enpro Inc. (NYSE:NPO)

Louisiana State Employees Retirement System grew its holdings in Enpro Inc. (NYSE:NPO – Free Report) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,500 shares of the industrial products company’s stock after buying an additional 100 shares during the period. Louisiana State Employees Retirement System’s holdings in Enpro were worth $1,528,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of NPO. Vanguard Group Inc. raised its holdings in Enpro by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 2,335,491 shares of the industrial products company’s stock worth $366,065,000 after buying an additional 22,611 shares in the last quarter. Brown Advisory Inc. boosted its holdings in shares of Enpro by 49.6% in the fourth quarter. Brown Advisory Inc. now owns 482,639 shares of the industrial products company’s stock worth $75,649,000 after purchasing an additional 159,984 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Enpro by 1.3% in the first quarter. Jennison Associates LLC now owns 446,823 shares of the industrial products company’s stock worth $75,410,000 after acquiring an additional 5,805 shares during the period. Congress Asset Management Co. MA raised its stake in Enpro by 10.5% in the first quarter. Congress Asset Management Co. MA now owns 312,823 shares of the industrial products company’s stock valued at $52,795,000 after acquiring an additional 29,694 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in Enpro by 8.5% during the 4th quarter. Wellington Management Group LLP now owns 306,173 shares of the industrial products company’s stock worth $47,990,000 after which acquired an additional 24,091 shares during the period. Institutional investors own 98.31% of the company’s shares.

Insider trading at Enpro

In related news, CAO Steven R. Bower sold 1,548 shares of the business’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 value of $232,292.88. Following the sale, the chief accounting officer now directly owns 604 shares of the company’s stock, valued at $90,636.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. 1.60% of the stock is owned by insiders.

Enpro stock performance

NYSE NPO opened at $160.34 on Monday. The company’s 50-day simple moving average is $153.75, and its two-hundred-day simple moving average is $154.51. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.59, and a quick ratio of 1.77. Enpro Inc. has a 1 year low of $106.08 and a 1 year high of $176.13. The stock has a market cap of $3.36 billion, a PE ratio of -1,145.29 and a beta of 1.43.

Enpro (NYSE:NPO – Get Free Report ) last posted its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.23. The company had revenue of $271.90 million for the quarter, compared to the consensus estimate of $270.90 million. Enpro had a positive return on equity of 9.17% and a negative net margin of 0.26%. The company’s revenue was down 1.8% compared to the same quarter last year. In the same quarter last year, the company posted earnings per share of $1.83. Analysts predict that Enpro Inc. will post 7.45 earnings per share for the current fiscal year.

Enpro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Wednesday, September 4th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, September 4. This represents a dividend of $1.20 on an annualized basis and a dividend yield of 0.75%. Enpro’s dividend payout ratio (DPR) is currently -857.14%.

Enpro Company Profile

(Free report)

Enpro Inc designs, develops, manufactures and markets proprietary value-added products and solutions to protect 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 hygienic single-use seals, tubes, components and assemblies; metallic, non-metallic and composite gaskets; dynamic seals; compression seal; hydraulic components; expansion joints; and wall penetrant products for chemical and petrochemical processing, pulp and paper processing, nuclear power, hydrogen, natural gas, food and biopharmaceutical processing, primary metals manufacturing, mining, water and waste treatment, commercial vehicles, aerospace, medical, filtration and semiconductor manufacturing industries.

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