Two Sigma Advisers LP Raises Holdings in National Presto Industries, Inc. (NYSE:NPK)

Two Sigma Advisers LP increased its holdings in shares of National Presto Industries, Inc. (NYSE:NPK) by 38.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,117 shares of the conglomerate’s stock after purchasing an additional 1,700 shares during the quarter. Two Sigma Advisers LP owned 0.09% of National Presto Industries worth $602,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Algert Global LLC boosted its holdings in National Presto Industries by 0.5% during the 4th quarter. Algert Global LLC now owns 21,337 shares of the conglomerate’s stock valued at $2,100,000 after acquiring an additional 103 shares during the period. PNC Financial Services Group Inc. boosted its holdings in National Presto Industries by 50.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate’s stock valued at $36,000 after acquiring an additional 121 shares during the period. Occudo Quantitative Strategies LP boosted its holdings in National Presto Industries by 4.7% during the 4th quarter. Occudo Quantitative Strategies LP now owns 3,555 shares of the conglomerate’s stock valued at $350,000 after acquiring an additional 161 shares during the period. US Bancorp DE boosted its holdings in National Presto Industries by 11.6% during the 4th quarter. US Bancorp DE now owns 1,616 shares of the conglomerate’s stock valued at $159,000 after acquiring an additional 168 shares during the period. Finally, Martingale Asset Management L P boosted its holdings in National Presto Industries by 2.3% during the 4th quarter. Martingale Asset Management L P now owns 8,915 shares of the conglomerate’s stock valued at $877,000 after acquiring an additional 200 shares during the period. 58.57% of the stock is currently owned by hedge funds and other institutional investors.

National Presto Industries Stock Performance

Shares of NPK opened at $86.31 on Wednesday. The stock has a 50-day simple moving average of $84.67 and a 200-day simple moving average of $90.08. The stock has a market capitalization of $616.88 million, a PE ratio of 18.17 and a beta of 0.49. National Presto Industries, Inc. has a 1 year low of $69.58 and a 1 year high of $103.93.

National Presto Industries (NYSE:NPK) last announced its quarterly earnings data on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share (EPS) 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%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut National Presto Industries from a “buy” rating to a “hold” rating in a report on Monday, May 12th.

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.