Aristides Capital LLC Acquires 5,001 Shares of National Presto Industries, Inc. $NPK

Aristides Capital LLC lifted its holdings in shares of National Presto Industries, Inc. (NYSE:NPK) by 165.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,029 shares of the conglomerate’s stock after acquiring an additional 5,001 shares during the period. Aristides Capital LLC’s holdings in National Presto Industries were worth $1,100,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. EVR Research LP grew its position in National Presto Industries by 82.9% in the 4th quarter. EVR Research LP now owns 75,000 shares of the conglomerate’s stock valued at $8,007,000 after buying an additional 34,000 shares during the last quarter. Brandes Investment Partners LP lifted its stake in shares of National Presto Industries by 12.9% in the 4th quarter. Brandes Investment Partners LP now owns 70,469 shares of the conglomerate’s stock worth $7,523,000 after acquiring an additional 8,064 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 acquiring an additional 14,706 shares in the last quarter. Nebula Research & Development LLC boosted its holdings in National Presto Industries by 4.1% in the 2nd quarter. Nebula Research & Development LLC now owns 3,778 shares of the conglomerate’s stock valued at $370,000 after purchasing an additional 150 shares in the last quarter. Finally, Jump Financial LLC raised its stake in shares of National Presto Industries by 64.2% during the 2nd quarter. Jump Financial LLC now owns 7,317 shares of the conglomerate’s stock worth $717,000 after buying an additional 2,861 shares in the last quarter. Institutional investors own 58.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded National Presto Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

National Presto Industries Stock Performance

National Presto Industries stock opened at $122.15 on Friday. The firm has a market capitalization of $875.82 million, a price-to-earnings ratio of 27.20 and a beta of 0.41. The stock’s fifty day moving average is $128.00 and its two-hundred day moving average is $130.84. National Presto Industries, Inc. has a fifty-two week low of $91.28 and a fifty-two week high of $149.85.

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

National Presto Industries Company 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.