First National Bank of Omaha Invests $3.48 Million in Enpro Inc. $NPO

First National Bank of Omaha acquired a new stake in Enpro Inc. (NYSE:NPO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,412 shares of the industrial products company’s stock, valued at approximately $3,483,000. First National Bank of Omaha owned approximately 0.07% of Enpro at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westfuller Advisors LLC acquired a new stake in Enpro in the third quarter valued at $25,000. Private Trust Co. NA boosted its position in shares of Enpro by 98.6% in the 3rd quarter. Private Trust Co. NA now owns 147 shares of the industrial products company’s stock worth $33,000 after buying an additional 73 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Enpro by 236.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 148 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. Huntington National Bank grew its stake in Enpro by 106.3% in the 2nd quarter. Huntington National Bank now owns 165 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Enpro by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 192 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 51 shares in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NPO has been the topic of several recent research reports. Wall Street Zen raised shares of Enpro from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enpro in a research note on Monday, December 29th. Finally, KeyCorp increased their target price on Enpro from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $250.00.

Enpro Stock Performance

Shares of NPO opened at $269.77 on Wednesday. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $286.09. The company’s 50 day simple moving average is $235.73 and its 200 day simple moving average is $226.97. The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 66.28, a PEG ratio of 2.07 and a beta of 1.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.69 and a current ratio of 2.44.

Enpro Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.5%. This is a boost from Enpro’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, March 4th. Enpro’s dividend payout ratio (DPR) is currently 30.47%.

About Enpro

Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.

Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.