Shares of National Presto Industries, Inc. (NYSE:NPK – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $150.07 and last traded at $149.87, with a volume of 23180 shares trading hands. The stock had previously closed at $148.01.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered shares of National Presto Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.
Read Our Latest Stock Report on National Presto Industries
National Presto Industries Trading Up 2.7%
National Presto Industries (NYSE:NPK – Get Free Report) last issued its earnings results on Friday, August 14th. The conglomerate reported $2.21 EPS for the quarter. The business had revenue of $146.60 million during the quarter. National Presto Industries had a return on equity of 10.83% and a net margin of 7.86%.
Hedge Funds Weigh In On National Presto Industries
Large investors have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new stake in National Presto Industries during the 4th quarter worth approximately $27,000. International Assets Investment Management LLC bought a new position in National Presto Industries in the 4th quarter valued at $32,000. Solstein Capital LLC bought a new position in National Presto Industries in the 2nd quarter valued at $36,000. Caitong International Asset Management Co. Ltd bought a new position in shares of National Presto Industries in the fourth quarter worth $37,000. Finally, KBC Group NV bought a new position in shares of National Presto Industries in the first quarter worth $44,000. 58.57% of the stock is currently owned by institutional investors.
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.
Featured Articles
- Five stocks we like better than National Presto Industries
- Sociedad Química y Minera’s Lithium Boom Is Back, But Iodine Steals the Show
- Forget Chips: These 3 Stocks Are Building the AI Data Center Boom
- AIxCrypto Dumps Its Crypto and Goes All In on Robotics
- AST SpaceMobile’s FCC Test Arrives as Investors Weigh a Costly Q2 Miss
Receive News & Ratings for National Presto Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Presto Industries and related companies with MarketBeat.com's FREE daily email newsletter.
