National Presto Industries, Inc. (NYSE:NPK) Stock Holdings Lifted by Occudo Quantitative Strategies LP

Occudo Quantitative Strategies LP lifted its position in National Presto Industries, Inc. (NYSE:NPK) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,555 shares of the conglomerate’s stock after acquiring an additional 161 shares during the period. Occudo Quantitative Strategies LP owned about 0.05% of National Presto Industries worth $350,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in shares of National Presto Industries by 50.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate’s stock worth $36,000 after acquiring an additional 121 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of National Presto Industries in the fourth quarter worth approximately $79,000. Lazard Asset Management LLC increased its position in shares of National Presto Industries by 64.6% in the fourth quarter. Lazard Asset Management LLC now owns 856 shares of the conglomerate’s stock worth $84,000 after acquiring an additional 336 shares in the last quarter. US Bancorp DE increased its position in shares of National Presto Industries by 11.6% in the fourth quarter. US Bancorp DE now owns 1,616 shares of the conglomerate’s stock worth $159,000 after acquiring an additional 168 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new position in shares of National Presto Industries in the fourth quarter worth approximately $230,000. 58.57% of the stock is owned by hedge funds and other institutional investors.

National Presto Industries Stock Up 2.1%

National Presto Industries stock opened at $87.13 on Friday. The company’s fifty day simple moving average is $85.63 and its 200-day simple moving average is $89.04. National Presto Industries, Inc. has a 12 month low of $69.58 and a 12 month high of $103.93. The stock has a market cap of $622.46 million, a P/E ratio of 18.34 and a beta of 0.49.

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

National Presto Industries Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, March 4th were issued a dividend of $1.00 per share. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Tuesday, March 4th. National Presto Industries’s dividend payout ratio is currently 16.78%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Monday.

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.