J. Goldman & Co LP Makes New $2.06 Million Investment in National Presto Industries, Inc. (NYSE:NPK)

J. Goldman & Co LP purchased a new position in shares of National Presto Industries, Inc. (NYSE:NPK) in the 4th quarter, Holdings Channel reports. The firm purchased 20,905 shares of the conglomerate’s stock, valued at approximately $2,057,000.

Other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. increased its holdings in shares of National Presto Industries by 50.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate’s stock worth $36,000 after buying an additional 121 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of National Presto Industries during the fourth quarter worth $79,000. US Bancorp DE increased its holdings in shares of National Presto Industries by 11.6% during the fourth quarter. US Bancorp DE now owns 1,616 shares of the conglomerate’s stock worth $159,000 after buying an additional 168 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of National Presto Industries during the fourth quarter worth $230,000. Finally, Victory Capital Management Inc. acquired a new position in shares of National Presto Industries during the fourth quarter worth $243,000. 58.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

National Presto Industries Stock Down 2.4%

NYSE NPK opened at $81.19 on Monday. The company has a market capitalization of $580.02 million, a price-to-earnings ratio of 17.09 and a beta of 0.49. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $103.93. The stock has a fifty day simple moving average of $86.07 and a 200 day simple moving average of $88.93.

National Presto Industries (NYSE:NPK) last posted its quarterly earnings data on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share for the quarter. The business had revenue of $103.64 million during the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%.

National Presto Industries Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, March 4th were issued 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 payout ratio is 16.78%.

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.