Teacher Retirement System of Texas grew its position in National Presto Industries, Inc. (NYSE:NPK – Free Report) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,104 shares of the conglomerate’s stock after buying an additional 210 shares during the period. Teacher Retirement System of Texas owned approximately 0.17% of National Presto Industries worth $1,191,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its holdings in National Presto Industries by 1,362.1% in the 3rd quarter. FMR LLC now owns 6,331 shares of the conglomerate’s stock worth $476,000 after acquiring an additional 5,898 shares during the last quarter. Martingale Asset Management L P lifted its holdings in shares of National Presto Industries by 6.3% during the third quarter. Martingale Asset Management L P now owns 8,715 shares of the conglomerate’s stock valued at $655,000 after purchasing an additional 520 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of National Presto Industries by 190.8% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate’s stock valued at $111,000 after purchasing an additional 973 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of National Presto Industries by 6.6% during the third quarter. HighTower Advisors LLC now owns 5,175 shares of the conglomerate’s stock valued at $398,000 after buying an additional 321 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in National Presto Industries by 4.5% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate’s stock worth $6,091,000 after buying an additional 3,500 shares in the last quarter. Institutional investors own 58.57% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of National Presto Industries from a “hold” rating to a “buy” rating in a report on Tuesday, March 18th.
National Presto Industries Trading Down 1.4 %
NYSE:NPK opened at $87.79 on Friday. The company has a market cap of $627.06 million, a PE ratio of 18.48 and a beta of 0.54. The company has a 50 day simple moving average of $95.35 and a two-hundred day simple moving average of $86.67. National Presto Industries, Inc. has a 12 month low of $69.58 and a 12 month high of $103.93.
National Presto Industries (NYSE:NPK – Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The conglomerate reported $2.91 EPS for the quarter. The company had revenue of $134.69 million during the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%.
National Presto Industries Announces Dividend
The firm also recently disclosed an annual dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, March 4th were issued a $1.00 dividend. This represents a dividend yield of 1%. The ex-dividend date was Tuesday, March 4th. National Presto Industries’s payout ratio is 17.21%.
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.
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