Quest Partners LLC Buys 1,751 Shares of National Presto Industries, Inc. (NYSE:NPK)

Quest Partners LLC grew its holdings in National Presto Industries, Inc. (NYSE:NPK) by 86.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,767 shares of the conglomerate’s stock after purchasing an additional 1,751 shares during the period. Quest Partners LLC owned about 0.05% of National Presto Industries worth $283,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Rhumbline Advisers lifted its stake in shares of National Presto Industries by 4.2% during the 2nd quarter. Rhumbline Advisers now owns 14,784 shares of the conglomerate’s stock valued at $1,111,000 after buying an additional 593 shares in the last quarter. First Personal Financial Services raised its position in shares of National Presto Industries by 6.2% in the 2nd quarter. First Personal Financial Services now owns 4,000 shares of the conglomerate’s stock worth $301,000 after acquiring an additional 235 shares in the last quarter. Mather Group LLC. purchased a new position in National Presto Industries during the 2nd quarter worth $68,000. Price T Rowe Associates Inc. MD grew its stake in National Presto Industries by 15.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,664 shares of the conglomerate’s stock valued at $475,000 after purchasing an additional 774 shares during the last quarter. Finally, Quadrature Capital Ltd boosted its stake in shares of National Presto Industries by 230.2% in the first quarter. Quadrature Capital Ltd now owns 8,243 shares of the conglomerate’s stock worth $691,000 after buying an additional 5,747 shares during the last quarter. Institutional investors 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 Thursday, July 11th.

National Presto Industries Stock Performance

NPK opened at $76.69 on Friday. The business’s 50-day simple moving average is $74.83 and its 200-day simple moving average is $76.92. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $86.08. The stock has a market capitalization of $544.50 million, a P/E ratio of 16.93 and a beta of 0.57.

National Presto Industries (NYSE:NPK) last announced its quarterly earnings data on Thursday, August 1st. The conglomerate reported $0.85 earnings per share for the quarter. National Presto Industries had a return on equity of 9.59% and a net margin of 9.56%. The company had revenue of $85.06 million for the quarter.

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.