Empowered Funds LLC Has $1.26 Million Position in NL Industries, Inc. (NYSE:NL)

Empowered Funds LLC raised its stake in NL Industries, Inc. (NYSE:NL) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 162,500 shares of the basic materials company’s stock after buying an additional 6,950 shares during the quarter. Empowered Funds LLC owned 0.33% of NL Industries worth $1,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in shares of NL Industries by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 185,598 shares of the basic materials company’s stock worth $1,379,000 after purchasing an additional 3,014 shares in the last quarter. Gladius Capital Management LP acquired a new position in NL Industries in the third quarter worth approximately $39,000. Ritholtz Wealth Management raised its position in NL Industries by 34.6% during the fourth quarter. Ritholtz Wealth Management now owns 29,361 shares of the basic materials company’s stock valued at $228,000 after acquiring an additional 7,548 shares in the last quarter. Barclays PLC lifted its stake in NL Industries by 311.4% in the third quarter. Barclays PLC now owns 11,934 shares of the basic materials company’s stock valued at $89,000 after acquiring an additional 9,033 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in NL Industries by 112.1% in the third quarter. JPMorgan Chase & Co. now owns 22,357 shares of the basic materials company’s stock worth $166,000 after acquiring an additional 11,815 shares in the last quarter. Hedge funds and other institutional investors own 10.67% of the company’s stock.

NL Industries Stock Up 0.3 %

Shares of NL opened at $7.23 on Monday. The firm has a market cap of $353.28 million, a price-to-earnings ratio of 6.03 and a beta of 0.52. The company’s fifty day moving average is $7.71 and its 200-day moving average is $7.43. NL Industries, Inc. has a 12 month low of $5.00 and a 12 month high of $9.42.

About NL Industries

NL Industries, Inc, through its subsidiary, CompX International Inc, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending and cash containment machines.