JPMorgan Chase & Co. Purchases 14,663 Shares of National Presto Industries, Inc. (NYSE:NPK)

JPMorgan Chase & Co. grew its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 55.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,277 shares of the conglomerate’s stock after buying an additional 14,663 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.58% of National Presto Industries worth $3,102,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NPK. Dimensional Fund Advisors LP boosted its holdings in shares of National Presto Industries by 5.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 344,347 shares of the conglomerate’s stock worth $25,871,000 after acquiring an additional 16,288 shares in the last quarter. Geode Capital Management LLC raised its position in National Presto Industries by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate’s stock valued at $9,255,000 after purchasing an additional 2,827 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in National Presto Industries by 4.5% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate’s stock worth $6,091,000 after purchasing an additional 3,500 shares in the last quarter. Wallace Capital Management Inc. grew its holdings in shares of National Presto Industries by 1.8% during the third quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate’s stock worth $2,730,000 after purchasing an additional 625 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in shares of National Presto Industries by 12.6% in the third quarter. Exchange Traded Concepts LLC now owns 22,942 shares of the conglomerate’s stock valued at $1,724,000 after buying an additional 2,571 shares in the last quarter. 58.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd.

National Presto Industries Price Performance

NPK opened at $97.50 on Monday. The stock has a market capitalization of $692.21 million, a P/E ratio of 20.53 and a beta of 0.54. The company’s 50 day simple moving average is $88.84 and its 200-day simple moving average is $79.46. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $99.07.

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.