Janus Henderson Group PLC Cuts Stock Position in Enpro Inc. (NYSE:NPO)

Janus Henderson Group PLC cut its holdings in Enpro Inc. (NYSE:NPO) by 1.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 143,445 shares of the industrial products company’s stock after selling 1,641 shares during the quarter. Janus Henderson Group PLC owned 0.68% of Enpro worth $24,209,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Simplex Trading LLC grew its holdings in shares of Enpro by 5,227.3% in the fourth quarter. Simplex Trading LLC now owns 1,172 shares of the industrial products company’s stock valued at $183,000 after purchasing an additional 1,150 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Enpro by 12.5% during the fourth quarter. Quadrant Capital Group LLC now owns 1,206 shares of the industrial products company’s stock worth $189,000 after buying an additional 134 shares during the period. Fulton Bank N.A. purchased a new position in Enpro during the first quarter worth $211,000. Mackenzie Financial Corp purchased a new position in Enpro during the fourth quarter worth $203,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new position in Enpro during the fourth quarter worth $221,000. 98.31% of the stock is owned by hedge funds and other institutional investors.

Enpro Trading Up 0.9 %

NYSE NPO traded up $1.50 on Wednesday, hitting $170.44. 9,199 shares of the stock were exchanged, compared to its average volume of 98,532. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.77 and a current ratio of 2.59. The stock has a fifty day moving average price of $151.82 and a two-hundred day moving average price of $154.39. The firm has a market capitalization of $3.57 billion, a P/E ratio of -1,206.91 and a beta of 1.43. Enpro Inc. has a 52-week low of $106.08 and a 52-week high of $173.33.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, May 7th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.03. The firm had revenue of $257.50 million during the quarter, compared to analyst estimates of $269.00 million. Enpro had a negative net margin of 0.26% and a positive return on equity of 9.17%. The business’s revenue was down 8.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.95 earnings per share. Research analysts forecast that Enpro Inc. will post 7.45 EPS for the current fiscal year.

Enpro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Wednesday, June 5th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, June 5th. This represents a $1.20 annualized dividend and a dividend yield of 0.70%. Enpro’s dividend payout ratio (DPR) is currently -857.08%.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.