National Presto Industries, Inc. $NPK Stake Raised by EVR Research LP

EVR Research LP boosted its position in National Presto Industries, Inc. (NYSE:NPK) by 82.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 75,000 shares of the conglomerate’s stock after purchasing an additional 34,000 shares during the period. National Presto Industries accounts for approximately 4.3% of EVR Research LP’s portfolio, making the stock its 8th biggest position. EVR Research LP’s holdings in National Presto Industries were worth $8,007,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in National Presto Industries by 3.3% in the third quarter. Vanguard Group Inc. now owns 373,845 shares of the conglomerate’s stock valued at $41,927,000 after buying an additional 11,769 shares during the last quarter. State Street Corp boosted its position in National Presto Industries by 7.0% in the fourth quarter. State Street Corp now owns 348,255 shares of the conglomerate’s stock valued at $37,180,000 after buying an additional 22,745 shares during the last quarter. Medina Value Partners LLC boosted its position in National Presto Industries by 1.6% in the fourth quarter. Medina Value Partners LLC now owns 212,246 shares of the conglomerate’s stock valued at $22,659,000 after buying an additional 3,360 shares during the last quarter. Geode Capital Management LLC boosted its position in National Presto Industries by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 137,752 shares of the conglomerate’s stock valued at $14,709,000 after buying an additional 1,544 shares during the last quarter. Finally, Gamco Investors INC. ET AL boosted its position in National Presto Industries by 0.5% in the fourth quarter. Gamco Investors INC. ET AL now owns 95,819 shares of the conglomerate’s stock valued at $10,230,000 after buying an additional 520 shares during the last quarter. Hedge funds and other institutional investors own 58.57% of the company’s stock.

Analyst Ratings Changes

NPK has been the topic of a number of recent research reports. Wall Street Zen upgraded National Presto Industries from a “sell” rating to a “hold” rating in a research report on Sunday, March 22nd. Weiss Ratings lowered National Presto Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.

National Presto Industries Price Performance

Shares of NYSE NPK opened at $129.19 on Thursday. The stock has a market capitalization of $926.26 million, a price-to-earnings ratio of 28.77 and a beta of 0.40. National Presto Industries, Inc. has a 12 month low of $91.21 and a 12 month high of $149.85. The firm’s 50 day simple moving average is $136.57 and its 200-day simple moving average is $126.99.

National Presto Industries (NYSE:NPK) last issued its quarterly earnings data on Friday, May 15th. The conglomerate reported $0.93 EPS for the quarter. The business had revenue of $118.65 million for the quarter. National Presto Industries had a net margin of 6.19% and a return on equity of 8.32%.

About National Presto Industries

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.