National Presto Industries, Inc. $NPK Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL trimmed its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 5.0% during the third quarter, Holdings Channel reports. The institutional investor owned 95,299 shares of the conglomerate’s stock after selling 5,053 shares during the quarter. Gamco Investors INC. ET AL’s holdings in National Presto Industries were worth $10,688,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in National Presto Industries by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 373,845 shares of the conglomerate’s stock worth $41,927,000 after acquiring an additional 11,769 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of National Presto Industries by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 123,185 shares of the conglomerate’s stock valued at $12,070,000 after purchasing an additional 1,663 shares in the last quarter. Kennedy Capital Management LLC lifted its position in shares of National Presto Industries by 7.9% during the 2nd quarter. Kennedy Capital Management LLC now owns 57,184 shares of the conglomerate’s stock worth $5,602,000 after purchasing an additional 4,163 shares during the last quarter. Massar Capital Management LP acquired a new position in shares of National Presto Industries during the second quarter worth $4,898,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in National Presto Industries by 62.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,358 shares of the conglomerate’s stock valued at $3,758,000 after buying an additional 14,706 shares during the last quarter. Institutional investors and hedge funds own 58.57% of the company’s stock.

National Presto Industries Trading Up 2.1%

Shares of NYSE:NPK opened at $138.31 on Friday. The firm has a 50 day simple moving average of $123.58 and a 200-day simple moving average of $112.36. National Presto Industries, Inc. has a twelve month low of $77.63 and a twelve month high of $142.38. The company has a market capitalization of $988.92 million, a PE ratio of 25.42 and a beta of 0.49.

National Presto Industries Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Friday, March 20th. Investors of record on Monday, March 9th will be given a $1.00 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a yield of 76.0%. National Presto Industries’s payout ratio is 18.38%.

Analyst Upgrades and Downgrades

NPK has been the topic of a number of analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of National Presto Industries in a research note on Monday, December 29th. Wall Street Zen upgraded National Presto Industries from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, National Presto Industries has a consensus rating of “Buy”.

National Presto Industries Profile

National Presto Industries, Inc is an American diversified manufacturer headquartered in Eau Claire, Wisconsin. The company operates primarily through three business segments—Housewares/Small Appliances, Defense Products, and Safety—which together supply a range of consumer and industrial markets. Founded in 1905, National Presto Industries has built a reputation for durable, user-friendly products marketed under the Presto and National Presto brands.

In its Housewares/Small Appliances segment, National Presto offers a variety of kitchen products designed to simplify home cooking and meal preparation.