SG Americas Securities LLC bought a new position in National Presto Industries, Inc. (NYSE:NPK – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 2,568 shares of the conglomerate’s stock, valued at approximately $193,000.
Several other hedge funds have also added to or reduced their stakes in NPK. Fortis Group Advisors LLC bought a new position in National Presto Industries during the 1st quarter worth approximately $212,000. BNP Paribas Financial Markets grew its holdings in shares of National Presto Industries by 52.1% in the first quarter. BNP Paribas Financial Markets now owns 8,318 shares of the conglomerate’s stock worth $697,000 after purchasing an additional 2,850 shares during the last quarter. Illinois Municipal Retirement Fund increased its stake in shares of National Presto Industries by 5.3% in the first quarter. Illinois Municipal Retirement Fund now owns 3,047 shares of the conglomerate’s stock worth $255,000 after buying an additional 154 shares during the period. Vanguard Group Inc. increased its position in shares of National Presto Industries by 0.7% in the first quarter. Vanguard Group Inc. now owns 607,135 shares of the conglomerate’s stock valued at $50,878,000 after acquiring an additional 4,061 shares during the period. Finally, EntryPoint Capital LLC purchased a new position in National Presto Industries during the 1st quarter valued at about $152,000. 58.57% of the stock is owned by institutional investors.
National Presto Industries Stock Performance
National Presto Industries stock opened at $74.18 on Thursday. National Presto Industries, Inc. has a fifty-two week low of $69.58 and a fifty-two week high of $86.08. The stock has a market cap of $526.53 million, a price-to-earnings ratio of 16.38 and a beta of 0.57. The stock’s 50 day simple moving average is $74.33 and its two-hundred day simple moving average is $75.95.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded National Presto Industries from a “hold” rating to a “buy” rating in a report on Thursday, September 26th.
Read Our Latest Analysis on National Presto Industries
National Presto Industries Company 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.
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