3,125 Shares in National Presto Industries, Inc. (NYSE:NPK) Purchased by Jump Financial LLC

Jump Financial LLC bought a new stake in National Presto Industries, Inc. (NYSE:NPK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,125 shares of the conglomerate’s stock, valued at approximately $308,000.

Several other large investors also recently modified their holdings of the stock. Brandes Investment Partners LP grew its holdings in National Presto Industries by 23.4% during the fourth quarter. Brandes Investment Partners LP now owns 156,040 shares of the conglomerate’s stock valued at $15,357,000 after purchasing an additional 29,577 shares during the period. Vanguard Group Inc. raised its stake in National Presto Industries by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate’s stock valued at $35,901,000 after acquiring an additional 26,987 shares during the period. LPL Financial LLC purchased a new stake in National Presto Industries during the fourth quarter valued at about $2,092,000. Norges Bank purchased a new position in shares of National Presto Industries in the fourth quarter worth about $1,939,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of National Presto Industries by 55.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate’s stock valued at $3,102,000 after buying an additional 14,663 shares in the last quarter. Hedge funds and other institutional investors own 58.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of National Presto Industries from a “hold” rating to a “buy” rating in a report on Tuesday, March 18th.

National Presto Industries Stock Up 0.3 %

Shares of NYSE NPK opened at $84.26 on Friday. The business has a 50-day simple moving average of $89.46 and a two-hundred day simple moving average of $88.14. National Presto Industries, Inc. has a 52 week low of $69.58 and a 52 week high of $103.93. The company has a market cap of $601.92 million, a P/E ratio of 17.74 and a beta of 0.55.

National Presto Industries (NYSE:NPK) last posted its earnings results on Friday, March 14th. The conglomerate reported $2.91 earnings per share for the quarter. The business had revenue of $134.69 million for the quarter. National Presto Industries had a net margin of 9.63% and a return on equity of 9.88%.

National Presto Industries Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, March 4th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a yield of 1%. National Presto Industries’s dividend payout ratio is currently 17.21%.

National Presto Industries Company Profile

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.