Ajo LP purchased a new position in shares of EnPro Industries, Inc. (NYSE:NPO) during the first quarter, HoldingsChannel reports. The firm purchased 4,313 shares of the industrial products company’s stock, valued at approximately $278,000.

A number of other large investors also recently modified their holdings of the stock. Mason Street Advisors LLC grew its position in EnPro Industries by 3.6% during the first quarter. Mason Street Advisors LLC now owns 6,675 shares of the industrial products company’s stock worth $430,000 after buying an additional 234 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of EnPro Industries by 4.1% in the 4th quarter. Victory Capital Management Inc. now owns 6,704 shares of the industrial products company’s stock valued at $403,000 after purchasing an additional 261 shares in the last quarter. GSA Capital Partners LLP boosted its holdings in shares of EnPro Industries by 3.9% in the 4th quarter. GSA Capital Partners LLP now owns 7,742 shares of the industrial products company’s stock valued at $465,000 after purchasing an additional 294 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of EnPro Industries by 25.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,440 shares of the industrial products company’s stock valued at $87,000 after purchasing an additional 296 shares in the last quarter. Finally, Piedmont Investment Advisors Inc. boosted its holdings in shares of EnPro Industries by 6.4% in the 1st quarter. Piedmont Investment Advisors Inc. now owns 5,245 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 315 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors and hedge funds.

Shares of NPO stock opened at $61.42 on Thursday. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 15.71, a price-to-earnings-growth ratio of 1.04 and a beta of 1.75. EnPro Industries, Inc. has a fifty-two week low of $55.43 and a fifty-two week high of $78.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.76 and a current ratio of 2.65.

EnPro Industries (NYSE:NPO) last released its quarterly earnings data on Wednesday, May 1st. The industrial products company reported $0.72 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by ($0.26). EnPro Industries had a net margin of 1.65% and a return on equity of 9.13%. The firm had revenue of $360.30 million for the quarter, compared to analyst estimates of $373.60 million. During the same period last year, the business earned $0.85 EPS. The company’s revenue was down 2.3% compared to the same quarter last year. On average, analysts forecast that EnPro Industries, Inc. will post 4.19 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Wednesday, June 5th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, June 4th. EnPro Industries’s dividend payout ratio (DPR) is 25.58%.

A number of equities research analysts have weighed in on NPO shares. TheStreet raised EnPro Industries from a “c+” rating to a “b” rating in a report on Thursday, May 2nd. Oppenheimer reduced their target price on EnPro Industries from $90.00 to $85.00 in a report on Thursday, February 14th. ValuEngine raised EnPro Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 14th. Finally, Zacks Investment Research downgraded EnPro Industries from a “hold” rating to a “sell” rating in a report on Saturday, February 16th. Two equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $84.20.

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

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