New York State Teachers Retirement System Trims Stock Holdings in National Presto Industries, Inc. (NYSE:NPK)

New York State Teachers Retirement System reduced its stake in National Presto Industries, Inc. (NYSE:NPK) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,860 shares of the conglomerate’s stock after selling 313 shares during the period. New York State Teachers Retirement System owned approximately 0.11% of National Presto Industries worth $774,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in shares of National Presto Industries by 7,414.0% during the third quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock valued at $1,694,000 after purchasing an additional 22,242 shares in the last quarter. Algert Global LLC raised its stake in shares of National Presto Industries by 652.2% in the third quarter. Algert Global LLC now owns 21,234 shares of the conglomerate’s stock worth $1,596,000 after buying an additional 18,411 shares during the period. JPMorgan Chase & Co. raised its stake in shares of National Presto Industries by 55.1% in the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate’s stock worth $3,102,000 after buying an additional 14,663 shares during the period. Barclays PLC raised its stake in shares of National Presto Industries by 301.6% in the third quarter. Barclays PLC now owns 11,109 shares of the conglomerate’s stock worth $835,000 after buying an additional 8,343 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of National Presto Industries by 274.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 9,971 shares of the conglomerate’s stock worth $981,000 after purchasing an additional 7,306 shares in the last quarter. 58.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

National Presto Industries Price Performance

NYSE NPK opened at $98.89 on Monday. The stock has a market capitalization of $702.13 million, a PE ratio of 20.82 and a beta of 0.53. The business has a 50 day simple moving average of $96.94 and a two-hundred day simple moving average of $83.54. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $102.54.

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.