Principal Financial Group Inc. Sells 1,790 Shares of National Presto Industries, Inc. (NYSE:NPK)

Principal Financial Group Inc. trimmed its position in National Presto Industries, Inc. (NYSE:NPK) by 6.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,112 shares of the conglomerate’s stock after selling 1,790 shares during the quarter. Principal Financial Group Inc. owned approximately 0.34% of National Presto Industries worth $1,812,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. nVerses Capital LLC acquired a new stake in shares of National Presto Industries during the 3rd quarter worth about $30,000. Point72 DIFC Ltd lifted its position in National Presto Industries by 264.9% during the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate’s stock worth $55,000 after acquiring an additional 535 shares during the last quarter. Mather Group LLC. bought a new stake in shares of National Presto Industries during the second quarter worth approximately $68,000. Central Pacific Bank Trust Division grew its position in shares of National Presto Industries by 42.9% in the third quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate’s stock valued at $75,000 after purchasing an additional 300 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of National Presto Industries in the first quarter valued at approximately $137,000. 58.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised National Presto Industries from a “hold” rating to a “buy” rating in a report on Thursday, September 26th.

National Presto Industries Price Performance

Shares of NYSE NPK opened at $78.67 on Friday. The business has a fifty day moving average price of $74.45 and a two-hundred day moving average price of $75.06. The stock has a market capitalization of $558.56 million, a PE ratio of 16.57 and a beta of 0.57. National Presto Industries, Inc. has a fifty-two week low of $69.58 and a fifty-two week high of $86.08.

About National Presto Industries

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.