National Presto Industries, Inc. $NPK Shares Purchased by Invesco Ltd.

Invesco Ltd. grew its stake in shares of National Presto Industries, Inc. (NYSE:NPK) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,133 shares of the conglomerate’s stock after acquiring an additional 916 shares during the period. Invesco Ltd. owned about 0.97% of National Presto Industries worth $6,077,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its position in shares of National Presto Industries by 60.5% during the 1st quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 127 shares during the period. Lazard Asset Management LLC lifted its position in shares of National Presto Industries by 64.6% during the 4th quarter. Lazard Asset Management LLC now owns 856 shares of the conglomerate’s stock valued at $84,000 after acquiring an additional 336 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of National Presto Industries during the 4th quarter valued at approximately $230,000. Graham Capital Management L.P. purchased a new position in shares of National Presto Industries during the 4th quarter worth approximately $258,000. Finally, Stifel Financial Corp purchased a new position in shares of National Presto Industries during the 4th quarter worth approximately $280,000. 58.57% of the stock is currently owned by institutional investors and hedge funds.

National Presto Industries Stock Down 0.5%

Shares of NYSE NPK opened at $106.80 on Wednesday. National Presto Industries, Inc. has a 52-week low of $69.80 and a 52-week high of $110.82. The firm has a fifty day moving average of $102.16 and a 200-day moving average of $93.64. The stock has a market capitalization of $763.51 million, a PE ratio of 18.32 and a beta of 0.51.

National Presto Industries (NYSE:NPK) last posted its earnings results on Friday, August 8th. The conglomerate reported $0.72 earnings per share for the quarter. The business had revenue of $120.45 million for the quarter. National Presto Industries had a net margin of 9.23% and a return on equity of 11.42%.

Wall Street Analyst Weigh In

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

About National Presto Industries

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.