Filing Details

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 2)

EnPro Industries, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

                                                                                                  ________29355X107_________

David Goldman

GAMCO Investors, Inc.

One Corporate Center

Rye, New York 10580-1435

(914) 921-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

______________________ December 28, 2018________________________

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box .

 

CUSIP No. 29355X107

CUSIP No. 29355X107

 

 

CUSIP No. 29355X107

CUSIP No. 29355X107

CUSIP No. 29355X107

CUSIP No. 29355X107

CUSIP No. 29355X107

CUSIP No. 29355X107

 

 

CUSIP No. 29355X107

This Amendment No. 2 to Schedule 13D on the Common Stock of EnPro Industries, Inc., (the "Issuer"), is being filed on behalf of the undersigned to amend the Schedule 13D, as amended (the "Schedule 13D") which was originally filed on June 12, 2018.  Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meanings as set forth in the Schedule 13D.

Item 2 to Schedule 13D is amended, in pertinent part, as follows:

This statement is being filed by Mario J. Gabelli ("Mario Gabelli") and various entities which he

directly or indirectly controls or for which he acts as chief investment officer.  These entities, except for LICT Corporation ("LICT) and CIBL, Inc. ("CIBL"), engage in various aspects of the securities business, primarily as investment adviser to various institutional and individual clients, including registered investment companies and pension plans, and as general partner or the equivalent of various private investment partnerships or private funds.  Certain of these entities may also make investments for their own accounts.

The foregoing persons in the aggregate often own beneficially more than 5% of a class of equity securities of a particular issuer.  Although several of the foregoing persons are treated as institutional investors for purposes of reporting their beneficial ownership on the short-form Schedule 13G, the holdings of those who do not qualify as institutional investors may exceed the 1% threshold presented for filing on Schedule 13G or implementation of their investment philosophy may from time to time require action which could be viewed as not completely passive.  In order to avoid any question as to whether their beneficial ownership is being reported on the proper form and in order to provide greater investment flexibility and administrative uniformity, these persons have decided to file their beneficial ownership reports on the more detailed Schedule 13D form rather than on the short-form Schedule 13G and thereby to provide more expansive disclosure than may be necessary.

(a), (b) and (c) - This statement is being filed by one or more of the following persons: GGCP, Inc.  ("GGCP"), GGCP Holdings LLC ("GGCP Holdings"), GAMCO Investors, Inc. ("GBL"), Associated Capital Group, Inc. ("AC"), Gabelli Funds, LLC ("Gabelli Funds"), GAMCO Asset Management Inc. ("GAMCO"), Teton Advisors, Inc. ("Teton Advisors"), Gabelli & Company Investment Advisers, Inc. ("GCIA"), G.research, LLC ("G.research"), MJG Associates, Inc. ("MJG Associates"), Gabelli Foundation, Inc. ("Foundation"), Mario Gabelli, LICT and CIBL.  Those of the foregoing persons signing this Schedule 13D are hereinafter referred to as the "Reporting Persons".

GGCP makes investments for its own account and is the manager and a member of GGCP Holdings which is the controlling shareholder of GBL and AC.  GBL, a public company listed on the New York Stock Exchange, is the parent company for a variety of companies engaged in the securities business, including certain of those named below.  AC, a public company listed on the New York Stock Exchange, is the parent company for a variety of companies engaged in the securities business, including certain of those listed below.

GAMCO, a wholly-owned subsidiary of GBL, is an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Advisers Act").  GAMCO is an investment manager providing discretionary managed account services for employee benefit plans, private investors, endowments, foundations and others.

GCIA, a wholly owned subsidiary of AC, is an investment adviser registered under the Advisers Act and serves as a general partner or investment manager to limited partnerships and offshore investment companies and other accounts.  As a part of its business, GCIA may purchase or sell securities for its own account.  GCIA is a general partner or investment manager of a number of funds or partnerships, including Gabelli Associates Fund, L.P., Gabelli Associates Fund II, L.P., Gabelli Associates Limited, Gabelli Associates Limited II E, ALCE Partners, L.P., Gabelli Capital Structure Arbitrage Fund LP, Gabelli Capital Structure Arbitrage Fund Limited, Gabelli Intermediate Credit Fund L.P., GAMA Select Energy + L.P., GAMCO Medical Opportunities L.P., and Gabelli Multimedia Partners, L.P.

G.research, a wholly owned subsidiary of GCIA, is a broker-dealer registered under the Securities Exchange Act of 1934, as amended ("1934 Act"), which as a part of its business regularly purchases and sells securities for its own account.

Gabelli Funds, a wholly owned subsidiary of GBL, is a limited liability company. Gabelli Funds is an investment adviser registered under the Advisers Act which provides advisory services for The Gabelli Equity Trust Inc., The Gabelli Asset Fund, The GAMCO Growth Fund, The Gabelli Convertible and Income Securities Fund Inc., The Gabelli Value 25 Fund Inc., The Gabelli Small Cap Growth Fund, The Gabelli Equity Income Fund, The Gabelli ABC Fund, The GAMCO Global Content & Connectivity Fund, The Gabelli Gold Fund, Inc., The Gabelli Multimedia Trust Inc., The Gabelli Global Rising Income & Dividend Fund, The Gabelli Capital Asset Fund, The GAMCO International Growth Fund, Inc., The GAMCO Global Growth Fund, The Gabelli Utility Trust, The Gabelli Utilities Fund, The Gabelli Dividend Growth Fund, The Gabelli Focus Five Fund, The Comstock Capital Value Fund, The Gabelli Dividend and Income Trust, The Gabelli Global Utility & Income Trust, The GAMCO Global Gold, Natural Resources, & Income Trust, The GAMCO Natural Resources Gold & Income Trust, The GDL Fund, Gabelli Enterprise Mergers & Acquisitions Fund, The Gabelli ESG Fund, Inc., The Gabelli International Small Cap Fund, The Gabelli Healthcare & Wellness ^Rx Trust, The Gabelli Global Small and Mid Cap Value Trust, Gabelli Value Plus+ Trust, Gabelli Merger Plus+ Trust Plc,  The Gabelli Global Financial Services Fund, The Gabelli Global Mini Mites Fund, The Gabelli Go Anywhere Trust, The Gabelli U.S. Treasury Money Market Fund, Bancroft Fund Ltd. and Ellsworth Growth & Income Fund Ltd. (collectively, the "Funds"), which are registered investment companies.  Gabelli Funds is also the investment adviser to the Gabelli Media Mogul NextShares^TM, the Gabelli Food of All Nations NextShares^TM, the RBI NextShares^TM, and the Gabelli Pet Parents' Fund NextShares^TM, and The GAMCO International SICAV (sub-funds GAMCO Merger Arbitrage and GAMCO All Cap Value), a UCITS III vehicle.

Teton Advisors, an investment adviser registered under the Advisers Act, provides discretionary advisory services to The TETON Westwood Mighty Mites^sm Fund, The TETON Westwood Income Fund, The TETON Westwood SmallCap Equity Fund, TETON Westwood Intermediate Bond Fund, and The TETON Westwood Mid-Cap Equity Fund.

MJG Associates provides advisory services to private investment partnerships and offshore funds.  Mario Gabelli is the sole shareholder, director and employee of MJG Associates.   MJG Associates is the Investment Manager of Gabelli International Limited and Gabelli Fund, LDC.  Mario J. Gabelli is the general partner of Gabelli Performance Partnership, LP.

The Foundation is a private foundation.  Mario Gabelli is the Chairman, a Trustee and the Investment Manager of the Foundation. Elisa M. Wilson is the President of the Foundation.

LICT is a holding company with operating subsidiaries engaged primarily in the rural telephone industry. LICT actively pursues new business ventures and acquisitions. LICT makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is the Chief Executive Officer, a director, and substantial shareholder of LICT.

CIBL is a holding company with interests in telecommunications operations, primarily in the rural telephone industry. CIBL actively pursues new business ventures and acquisitions. CIBL makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is a director, and substantial shareholder of CIBL.

Mario Gabelli is the controlling stockholder, Chief Executive Officer and a director of GGCP and Chairman and Chief Executive Officer of GBL. He is the Executive Chairman of AC.  Mario Gabelli is also a member of GGCP Holdings. Mario Gabelli is the controlling shareholder of Teton.

The Reporting Persons do not admit that they constitute a group.

GAMCO is a New York corporation and GBL, AC, GCIA, and Teton Advisors are Delaware corporations, each having its principal business office at One Corporate Center, Rye, New York 10580. GGCP is a Wyoming corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.   GGCP Holdings is a Delaware limited liability corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.  G.research is a Delaware limited liability company having its principal officers at One Corporate Center, Rye, New York 10580.  Gabelli Funds is a New York limited liability company having its principal business office at One Corporate Center, Rye, New York 10580.  MJG Associates is a Connecticut corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.  The Foundation is a Nevada corporation having its principal offices at 165 West Liberty Street, Reno, Nevada 89501.  LICT is a Delaware corporation having its principal place of business as 401 Theodore Fremd Avenue, Rye, New York 10580. CIBL, Inc. is a Delaware corporation having its principal place of business as 165 West Liberty Street, Suite 220, Reno, NV 89501.

For information required by instruction C to Schedule 13D with respect to the executive officers and directors of the foregoing entities and other related persons (collectively, "Covered Persons"), reference is made to Schedule I annexed hereto and incorporated herein by reference.

(d) – Not applicable.

(e) – Not applicable.

Item 3 to Schedule 13D is amended, in pertinent part, as follows:

The Reporting Persons used an aggregate of approximately $18,112,782 to purchase the additional Securities reported as beneficially owned in Item 5 since the most recent filing on Schedule 13D. GAMCO and Gabelli Funds used approximately $13,728,676 and $4,154,396, respectively, of funds that were provided through the accounts of certain of their investment advisory clients (and, in the case of some of such accounts at GAMCO, may be through borrowings from client margin accounts) in order to purchase the additional Securities for such clients. Foundation used approximately $118,468 of funds of a private entity to purchase the additional Securities reported by it. GGCP used approximately $111,242 of working capital to purchase the additional Securities reported by it.

Item 5 to Schedule 13D is amended, in pertinent part, as follows:

(a) The aggregate number of Securities to which this Schedule 13D relates is 1,562,842 shares, representing 7.54% of the 20,739,323 shares outstanding as reported in the Issuer's most recently filed Form 10-Q for the quarterly period ended September 30, 2018. The Reporting Persons beneficially own those Securities as follows:

Mario Gabelli is deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons.  GCIA is deemed to have beneficial ownership of the Securities owned beneficially by G.research.  AC, GBL and GGCP are deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons other than Mario Gabelli and the Foundation.

(b) Each of the Reporting Persons and Covered Persons has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the Securities reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be, except that (i) GAMCO does not have the authority to vote 121,000 of its reported shares,  (ii) Gabelli Funds has sole dispositive and voting power with respect to the shares of the Issuer held by the Funds so long as the aggregate voting interest of all joint filers does not exceed 25% of their total voting interest in the Issuer and, in that event, the Proxy Voting Committee of each Fund shall respectively vote that Fund's shares, (iii) at any time, the Proxy Voting Committee of each such Fund may take and exercise in its sole discretion the entire voting power with respect to the shares held by such fund under special  circumstances such as regulatory considerations, and (iv) the power of Mario Gabelli, GBL, and GGCP is indirect with respect to Securities beneficially owned directly by other Reporting Persons.

(c) Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons and Covered Persons is set forth on Schedule II annexed hereto and incorporated herein by reference.

(e) Not applicable.

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GGCP, INC.

MARIO J. GABELLI

MJG ASSOCIATES, INC.

GABELLI FOUNDATION, INC.

By:/s/ David Goldman

     David Goldman

     Attorney-in-Fact

GABELLI FUNDS, LLC

     David Goldman

     General Counsel – Gabelli Funds, LLC

GAMCO INVESTORS, INC.

Kevin Handwerker

General Counsel &Secretary – GAMCO Investors, Inc.

ASSOCIATED CAPITAL GROUP, INC.

GAMCO ASSET MANAGEMENT INC.

GABELLI & COMPANY INVESTMENT ADVISERS, INC.

Douglas R. Jamieson

President & Chief Executive Officer – Associated Capital

Group, Inc.

President – GAMCO Asset Management Inc.

      President – Gabelli & Company Investment Advisers, Inc.

SCHEDULE I

     Information with Respect to Executive

Schedule I to Schedule 13D is amended, in pertinent part, as follows:

 

 

                               SCHEDULE II

                            INFORMATION WITH RESPECT TO

                 TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR

                 SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                   SHARES PURCHASED        AVERAGE

                        DATE            SOLD(-)             PRICE(2)

 COMMON STOCK-ENPRO INDUSTRIES, INC.

          GABELLI FOUNDATION, INC.

                      12/26/18            1,500            56.4000

                      11/02/18            1,000-           70.7654

          MJG ASSOCIATES, INC.

                      11/23/18            1,000-           66.2541

             GABELLI INTERNATIONAL LIMITED

                      11/06/18            1,000-           72.5405                                                                                             

          GABELLI & COMPANY INVESTMENT ADVISERS, INC.

                      11/02/18              200-           69.7500

                      11/02/18            1,000-           71.8524

                      10/31/18              800-           61.6921

            ALCE PARTNERS

                      11/06/18              800-           73.1543

                      11/02/18              600-           71.8524                                                                                             

          GAMCO ASSET MANAGEMENT INC.

                      12/28/18              200            60.2750

                      12/28/18           10,000            60.9721

                      12/28/18            1,200            60.8609

                      12/28/18              200-           60.8000

                      12/27/18              300-             *DO

                      12/27/18              292-           58.8733

                      12/27/18               68            59.0599

                      12/26/18              500            57.1895

                      12/26/18              300            56.8664

                      12/26/18              250-           58.6348

                      12/26/18            3,300-           57.1895

                      12/26/18              400            55.9800

                      12/26/18              156            55.8700

                      12/26/18              200-           58.6348

                      12/26/18              500-           57.1895

                      12/26/18               29-           55.7093

                      12/26/18              200            58.6348

                      12/24/18              200-           56.0623

                      12/24/18               88            56.1936

                      12/24/18            1,600            56.1094

                      12/24/18               42            56.7800

                      12/24/18            4,800-           56.1094

                      12/24/18              100            56.4500

                      12/21/18              500            58.2130

                      12/21/18            1,000-           58.2130

                      12/21/18              100-           59.2534

                      12/20/18              300-           58.3700

                      12/20/18           10,000            58.7394

                      12/20/18            2,200            58.9295

                      12/19/18              200-           61.0961

                      12/19/18              300            61.0000

                      12/19/18            1,200            60.3500

                      12/19/18              200-           61.1000

                      12/18/18              600            61.2136

                      12/18/18              200            61.1400

                      12/17/18              400            61.5000

                      12/17/18            1,100            62.0126

                      12/17/18            1,650-           61.5345

                      12/14/18            1,000            62.8000

                      12/14/18               85-           62.6293

                      12/14/18                3-           62.6300

                      12/14/18            1,400-           63.0214

                      12/14/18            1,200-             *DO

                      12/13/18              162-           64.0594

                      12/13/18               36            64.2481

                      12/13/18               34            64.3400

                      12/13/18                7-           64.0600

                      12/13/18              400            63.8500

                      12/13/18                7-           64.0586

                      12/13/18              300-           63.8735

                      12/12/18            4,600-           65.0264

                      12/12/18            1,200            65.2417

                      12/12/18              900-           65.3571

                      12/12/18              300-           64.2500

                      12/11/18               97-             *DO

                      12/11/18            2,000-           64.0125

                      12/11/18            4,200-           63.9353

                      12/11/18            2,000            63.8475

                      12/11/18              200            63.6583

                      12/10/18            2,000            63.2500

                      12/10/18              200            63.5000

                      12/10/18              192            63.4874

                      12/10/18              400            64.3700

                      12/10/18            2,000            63.7500

                      12/10/18            3,200            63.4458

                      12/06/18            4,000            64.7725

                      12/06/18              300-           64.8501

                      12/06/18              300            64.2212

                      12/06/18              850-           64.2212

                      12/06/18              300-           64.3752

                      12/06/18              700            64.7143

                      12/06/18            1,208            64.4371

                      12/05/18              150-             *DO

                      12/03/18              100-           71.1250

                      12/03/18            1,500            70.1403

                      11/30/18              300-           69.0000

                      11/30/18                1-           68.9500

                      11/30/18              139-           68.9477

                      11/30/18                4-           68.9475

                      11/30/18                3-           68.9467

                      11/30/18              400            69.0800

                      11/28/18              200            67.9200

                      11/27/18              100            67.0200

                      11/26/18              300            66.7296

                      11/26/18              600-           66.7296

                      11/26/18              200            67.2850

                      11/23/18           22,000-             *DO

                      11/23/18            4,000            66.1605

                      11/21/18              400-           67.3250

                      11/21/18              100-           67.9592

                      11/21/18              200-           67.2950

                      11/21/18              500            67.3800

                      11/21/18              400            66.8999

                      11/21/18              300-           68.1600

                      11/20/18               33            66.9200

                      11/20/18              400-           66.4500

                      11/20/18            2,000-           66.4332

                      11/20/18            1,700            66.4882

                      11/19/18            4,000            67.4453

                      11/19/18              300            67.6300

                      11/19/18              500            68.7500

                      11/19/18              800            68.6513

                      11/16/18              150-           69.4300

                      11/16/18              200            68.6000

                      11/15/18            1,000            68.7579

                      11/14/18            2,000-           68.9610

                      11/14/18               31            70.3781

                      11/14/18            1,000            69.7500

                      11/13/18              200            70.1500

                      11/13/18              200            71.4000

                      11/13/18              200-             *DO

                      11/12/18                2-           70.5800

                      11/12/18              195-           70.5776

                      11/12/18                5-           70.5780

                      11/12/18                6-           70.5783

                      11/09/18               32-           71.0091

                      11/09/18                2-           71.0100

                      11/09/18              154            71.2523

                      11/08/18               89            74.0200

                      11/07/18            1,200            74.3310

                      11/06/18              200            70.8000

                      11/06/18            1,500-           73.1002

                      11/05/18            2,000            70.3099

                      11/05/18              200-             *DO

                      11/05/18            1,000            70.9038

                      11/05/18            1,500-           70.5191

                      11/02/18              100            69.7500

                      11/01/18            1,200            67.6348

                      11/01/18              600-             *DO

                      11/01/18              150-           68.7000

                      10/31/18            4,400            62.0815

          GGCP, INC.

                      11/26/18              600            67.0024

                      11/12/18            1,000            71.0400

          GABELLI FUNDS, LLC.

             GABELLI FOCUS FIVE FUND

                      12/26/18            5,000            58.2639

                      12/17/18            7,500            61.4137

                      12/11/18            6,280            63.4014

                      11/15/18            3,920            67.3297

                      11/05/18            2,700-           72.4259

             GABELLI VALUE PLUS TRUST PLC

                      11/26/18              500            66.9500

             GABELLI GLOBAL SMALL AND MIDCAP VALUE TRUST

                      12/26/18              500            58.7000

                      12/17/18              500            60.7000

                      11/16/18            1,562            68.8476

             GABELLI ASSET FUND

                      12/28/18            2,000            60.3540

                      11/19/18            2,000            69.1152

                      11/01/18           10,000            68.1652

(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED

    ON THE NYSE.

(2) PRICE EXCLUDES COMMISSION.

(*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.