FDx Advisors Inc. acquired a new stake in EnPro Industries, Inc. (NYSE:NPO) in the first quarter, HoldingsChannel.com reports. The fund acquired 6,252 shares of the industrial products company’s stock, valued at approximately $489,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of EnPro Industries in the fourth quarter valued at approximately $31,901,000. Comerica Bank lifted its position in shares of EnPro Industries by 1.2% in the fourth quarter. Comerica Bank now owns 19,578 shares of the industrial products company’s stock valued at $1,185,000 after buying an additional 224 shares during the last quarter. Deutsche Bank AG lifted its position in shares of EnPro Industries by 45.0% in the first quarter. Deutsche Bank AG now owns 34,706 shares of the industrial products company’s stock valued at $1,373,000 after buying an additional 10,777 shares during the last quarter. KBC Group NV increased its stake in shares of EnPro Industries by 17.8% during the fourth quarter. KBC Group NV now owns 50,767 shares of the industrial products company’s stock worth $3,395,000 after purchasing an additional 7,660 shares during the period. Finally, State Street Corp increased its stake in shares of EnPro Industries by 7.8% during the first quarter. State Street Corp now owns 683,406 shares of the industrial products company’s stock worth $27,049,000 after purchasing an additional 49,691 shares during the period. 92.80% of the stock is owned by institutional investors.

EnPro Industries stock opened at $47.99 on Tuesday. The stock’s fifty day moving average price is $45.98 and its two-hundred day moving average price is $51.81. EnPro Industries, Inc. has a one year low of $30.04 and a one year high of $73.80. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.78 and a quick ratio of 2.23. The firm has a market cap of $938.99 million, a PE ratio of 4.07, a price-to-earnings-growth ratio of 3.13 and a beta of 1.67.

EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.22. EnPro Industries had a return on equity of 8.13% and a net margin of 18.35%. The firm had revenue of $282.70 million for the quarter, compared to analyst estimates of $307.90 million. Sell-side analysts expect that EnPro Industries, Inc. will post 1.08 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.26 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 2.17%. EnPro Industries’s dividend payout ratio (DPR) is presently 38.81%.

A number of equities analysts have recently weighed in on NPO shares. Oppenheimer reiterated a “buy” rating and set a $65.00 target price on shares of EnPro Industries in a research note on Tuesday, May 5th. Zacks Investment Research lowered EnPro Industries from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Finally, Sidoti increased their target price on EnPro Industries from $56.00 to $63.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $57.00.

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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