Congress Asset Management Co. MA reduced its holdings in EnPro Industries, Inc. (NYSE:NPO – Get Rating) by 72.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,398 shares of the industrial products company’s stock after selling 75,789 shares during the quarter. Congress Asset Management Co. MA owned 0.14% of EnPro Industries worth $2,498,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in NPO. Capital International Investors raised its holdings in shares of EnPro Industries by 63.6% during the first quarter. Capital International Investors now owns 1,432,727 shares of the industrial products company’s stock valued at $140,020,000 after acquiring an additional 556,751 shares during the period. FMR LLC raised its holdings in shares of EnPro Industries by 30.5% during the second quarter. FMR LLC now owns 625,712 shares of the industrial products company’s stock valued at $51,265,000 after acquiring an additional 146,199 shares during the period. Ziegler Capital Management LLC acquired a new stake in shares of EnPro Industries during the third quarter valued at approximately $5,005,000. Vanguard Group Inc. raised its holdings in shares of EnPro Industries by 1.6% during the first quarter. Vanguard Group Inc. now owns 2,238,096 shares of the industrial products company’s stock valued at $218,729,000 after acquiring an additional 35,018 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in shares of EnPro Industries by 1,045.5% during the second quarter. Renaissance Technologies LLC now owns 37,800 shares of the industrial products company’s stock valued at $3,097,000 after acquiring an additional 34,500 shares during the period. 93.65% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research analysts recently commented on NPO shares. KeyCorp boosted their price objective on shares of EnPro Industries from $122.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, November 3rd. StockNews.com downgraded shares of EnPro Industries from a “buy” rating to a “hold” rating in a research report on Thursday, December 22nd.
EnPro Industries Stock Performance
Shares of NPO opened at $118.48 on Tuesday. The company’s 50 day moving average price is $113.67 and its 200 day moving average price is $104.32. EnPro Industries, Inc. has a 52 week low of $76.14 and a 52 week high of $127.67. The company has a market capitalization of $2.46 billion, a PE ratio of 13.82 and a beta of 1.45. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.98 and a current ratio of 2.57.
EnPro Industries Company Profile
EnPro Industries, Inc engages in the design, development, manufacturing, and marketing of proprietary engineered industrial products. It operates through the following segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment designs, manufactures, and sells sealing products including metallic, non-metallic, and composite material gaskets.