91,918 Shares in NPK International Inc. $NPKI Acquired by Boston Partners

Boston Partners bought a new position in shares of NPK International Inc. (NYSE:NPKI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 91,918 shares of the company’s stock, valued at approximately $782,000. Boston Partners owned 0.11% of NPK International as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NPKI. American Century Companies Inc. purchased a new stake in shares of NPK International during the 2nd quarter worth $22,351,000. Geode Capital Management LLC bought a new position in NPK International in the second quarter worth about $19,874,000. Tieton Capital Management LLC purchased a new stake in shares of NPK International during the second quarter valued at about $8,331,000. Harbor Capital Advisors Inc. bought a new stake in shares of NPK International in the 2nd quarter valued at about $7,615,000. Finally, Franklin Resources Inc. bought a new stake in shares of NPK International in the 2nd quarter valued at about $3,683,000. 80.81% of the stock is currently owned by hedge funds and other institutional investors.

NPK International Stock Up 1.3%

NYSE:NPKI opened at $12.31 on Monday. The company has a current ratio of 2.34, a quick ratio of 2.08 and a debt-to-equity ratio of 0.02. NPK International Inc. has a twelve month low of $4.76 and a twelve month high of $14.00. The company has a market cap of $1.04 billion, a PE ratio of -7.33 and a beta of 2.00. The company’s 50 day moving average is $11.92 and its two-hundred day moving average is $10.11.

NPK International (NYSE:NPKI) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. NPK International had a negative net margin of 62.59% and a positive return on equity of 8.29%. The business had revenue of $68.84 million during the quarter, compared to the consensus estimate of $56.83 million. NPK International has set its FY 2025 guidance at EPS. Analysts anticipate that NPK International Inc. will post 0.39 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on NPKI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of NPK International in a research note on Tuesday, November 25th. HC Wainwright lifted their price target on shares of NPK International from $12.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. B. Riley upped their price target on NPK International from $11.00 to $12.50 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Finally, Roth Capital reissued a “buy” rating and issued a $12.00 price objective (up previously from $10.00) on shares of NPK International in a research report on Tuesday, August 12th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $14.17.

NPK International Profile

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.