National Presto Industries, Inc. (NYSE:NPK) Shares Sold by Royce & Associates LP

Royce & Associates LP lessened its holdings in National Presto Industries, Inc. (NYSE:NPK) by 30.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,781 shares of the conglomerate’s stock after selling 2,572 shares during the period. Royce & Associates LP’s holdings in National Presto Industries were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of NPK. GSA Capital Partners LLP acquired a new position in National Presto Industries in the 3rd quarter worth approximately $340,000. Algert Global LLC boosted its position in National Presto Industries by 652.2% in the 3rd quarter. Algert Global LLC now owns 21,234 shares of the conglomerate’s stock worth $1,596,000 after purchasing an additional 18,411 shares in the last quarter. FMR LLC boosted its position in National Presto Industries by 1,362.1% in the 3rd quarter. FMR LLC now owns 6,331 shares of the conglomerate’s stock worth $476,000 after purchasing an additional 5,898 shares in the last quarter. Martingale Asset Management L P boosted its position in National Presto Industries by 6.3% in the 3rd quarter. Martingale Asset Management L P now owns 8,715 shares of the conglomerate’s stock worth $655,000 after purchasing an additional 520 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. boosted its position in National Presto Industries by 190.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate’s stock worth $111,000 after purchasing an additional 973 shares in the last quarter. Institutional investors and hedge funds own 58.57% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded National Presto Industries from a “hold” rating to a “buy” rating in a research report on Tuesday.

National Presto Industries Trading Up 0.6 %

National Presto Industries stock opened at $89.90 on Friday. National Presto Industries, Inc. has a 12 month low of $69.58 and a 12 month high of $103.93. The stock’s 50 day simple moving average is $96.13 and its two-hundred day simple moving average is $86.09. The firm has a market cap of $638.25 million, a PE ratio of 18.93 and a beta of 0.54.

National Presto Industries (NYSE:NPK) last released its quarterly earnings data on Friday, March 14th. The conglomerate reported $2.91 EPS for the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%. The business had revenue of $134.69 million for the quarter.

National Presto Industries Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, March 4th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, March 4th. This represents a dividend yield of 1%. National Presto Industries’s dividend payout ratio (DPR) is 17.21%.

National Presto Industries Profile

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.