Russell Investments Group Ltd. decreased its holdings in shares of National Presto Industries Inc. (NYSE:NPK) by 51.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,456 shares of the conglomerate’s stock after selling 11,175 shares during the quarter. Russell Investments Group Ltd. owned about 0.15% of National Presto Industries worth $1,355,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of NPK. Itau Unibanco Holding S.A. acquired a new stake in shares of National Presto Industries in the second quarter valued at $125,000. Piedmont Investment Advisors LLC acquired a new stake in shares of National Presto Industries in the second quarter valued at $145,000. SG Americas Securities LLC acquired a new stake in shares of National Presto Industries in the second quarter valued at $242,000. BlueMountain Capital Management LLC acquired a new stake in shares of National Presto Industries in the second quarter valued at $390,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of National Presto Industries in the second quarter valued at $512,000. 64.68% of the stock is owned by institutional investors.
Shares of NYSE NPK opened at $121.17 on Friday. National Presto Industries Inc. has a twelve month low of $88.80 and a twelve month high of $140.32. The firm has a market capitalization of $847.46 million, a PE ratio of 19.27 and a beta of 0.40.
National Presto Industries (NYSE:NPK) last issued its quarterly earnings data on Friday, October 26th. The conglomerate reported $0.89 earnings per share for the quarter. National Presto Industries had a return on equity of 12.56% and a net margin of 12.71%. The business had revenue of $81.65 million during the quarter.
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About National Presto Industries
National Presto Industries Inc provides housewares and small appliances, and defense products primarily in North America. The company operates in two segments, Housewares/Small Appliance and Defense. The Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers.
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