EnPro Industries Inc. (NYSE:NPO) declared a quarterly dividend on Wednesday, November 2nd. Stockholders of record on Thursday, December 1st will be given a dividend of 0.21 per share on Thursday, December 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Tuesday, November 29th.

EnPro Industries (NYSE:NPO) opened at 60.89 on Thursday. The stock has a 50 day moving average of $56.56 and a 200-day moving average of $51.84. The company’s market capitalization is $1.30 billion. EnPro Industries has a 52-week low of $37.53 and a 52-week high of $63.82.

EnPro Industries (NYSE:NPO) last posted its earnings results on Wednesday, November 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by $0.05. The business earned $292.70 million during the quarter, compared to analyst estimates of $303.80 million. EnPro Industries had a negative net margin of 2.50% and a positive return on equity of 7.81%. During the same quarter last year, the firm earned $0.51 earnings per share. EnPro Industries’s revenue was down 4.5% compared to the same quarter last year. On average, equities analysts forecast that EnPro Industries will post ($1.23) earnings per share for the current year.

Dividend History for EnPro Industries (NYSE:NPO)

In other news, insider Stephen E. Macadam sold 30,000 shares of the business’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of $57.72, for a total value of $1,731,600.00. Following the completion of the sale, the insider now directly owns 243,839 shares in the company, valued at $14,074,387.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.60% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of NPO. BlackRock Inc. raised its position in shares of EnPro Industries by 12.5% in the third quarter. BlackRock Inc. now owns 2,100 shares of the company’s stock worth $120,000 after buying an additional 233 shares during the period. Sei Investments Co. raised its position in shares of EnPro Industries by 95.2% in the second quarter. Sei Investments Co. now owns 3,840 shares of the company’s stock worth $170,000 after buying an additional 1,873 shares during the period. KCG Holdings Inc. bought a new position in shares of EnPro Industries during the third quarter worth about $260,000. Cubist Systematic Strategies LLC bought a new position in shares of EnPro Industries during the second quarter worth about $277,000. Finally, Trexquant Investment LP raised its position in shares of EnPro Industries by 128.8% in the second quarter. Trexquant Investment LP now owns 8,639 shares of the company’s stock worth $383,000 after buying an additional 4,864 shares during the period. Institutional investors and hedge funds own 95.55% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of EnPro Industries from a “hold” rating to a “strong-buy” rating and set a $65.00 price objective for the company in a research note on Wednesday, October 5th.

ILLEGAL ACTIVITY NOTICE: “EnPro Industries Inc. (NPO) to Issue Quarterly Dividend of $0.21 on December 15th” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another domain, it was stolen and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2016/11/24/enpro-industries-inc-npo-to-issue-quarterly-dividend-of-0-21-on-december-15th.html.

EnPro Industries Company Profile

EnPro Industries, Inc (EnPro) is engaged in the designing, developing, manufacturing, and marketing engineered industrial products. The Company operates through three segments: Sealing Products, Engineered Products and Power Systems. Its Sealing Products segment designs, manufactures and sells sealing products, including metallic, non-metallic and composite material gaskets, resilient metal seals, elastomeric seals, hydraulic components, expansion joints and casing end seals.

5 Day Chart for NYSE:NPO

Receive News & Stock Ratings for EnPro Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnPro Industries Inc. and related stocks with our FREE daily email newsletter.