EnPro Industries, Inc. (NYSE:NPO) SVP Steven R. Bower acquired 1,700 shares of EnPro Industries stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average price of $63.92 per share, with a total value of $108,664.00. Following the completion of the acquisition, the senior vice president now directly owns 3,190 shares of the company’s stock, valued at $203,904.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of NYSE NPO traded down $0.47 during mid-day trading on Wednesday, reaching $64.72. 3,556 shares of the company’s stock traded hands, compared to its average volume of 133,063. The company has a market capitalization of $1.39 billion, a PE ratio of 16.45, a P/E/G ratio of 1.08 and a beta of 1.80. The business has a 50-day moving average of $64.37. EnPro Industries, Inc. has a 1-year low of $55.43 and a 1-year high of $78.31. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.65 and a current ratio of 2.52.
EnPro Industries (NYSE:NPO) last released its quarterly earnings results on Monday, July 29th. The industrial products company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.32. EnPro Industries had a net margin of 2.58% and a return on equity of 10.42%. The business had revenue of $387.00 million for the quarter, compared to analysts’ expectations of $389.77 million. During the same period in the previous year, the company earned $0.75 earnings per share. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that EnPro Industries, Inc. will post 4.35 EPS for the current year.
A number of brokerages have recently issued reports on NPO. ValuEngine cut shares of EnPro Industries from a “hold” rating to a “sell” rating in a report on Friday, May 3rd. TheStreet upgraded shares of EnPro Industries from a “c+” rating to a “b” rating in a report on Thursday, May 2nd. Finally, Zacks Investment Research upgraded shares of EnPro Industries from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. EnPro Industries currently has an average rating of “Hold” and a consensus price target of $82.75.
Institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. boosted its holdings in EnPro Industries by 261.3% during the first quarter. Meeder Asset Management Inc. now owns 990 shares of the industrial products company’s stock worth $64,000 after purchasing an additional 716 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in EnPro Industries by 50.0% during the second quarter. Nisa Investment Advisors LLC now owns 3,000 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 1,000 shares during the last quarter. Burney Co. purchased a new position in EnPro Industries during the first quarter worth about $212,000. Sigma Planning Corp bought a new stake in EnPro Industries in the first quarter worth about $246,000. Finally, AJO LP bought a new stake in EnPro Industries in the first quarter worth about $278,000. Institutional investors and hedge funds own 94.35% of the company’s stock.
EnPro Industries Company Profile
EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing products; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; and modular sealing systems for sealing pipeline penetrations.
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