Aristides Capital LLC Buys 5,001 Shares of National Presto Industries, Inc. $NPK

Aristides Capital LLC grew its position in National Presto Industries, Inc. (NYSE:NPK) by 165.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 8,029 shares of the conglomerate’s stock after acquiring an additional 5,001 shares during the period. Aristides Capital LLC owned 0.11% of National Presto Industries worth $1,100,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of NPK. Nisa Investment Advisors LLC increased its holdings in National Presto Industries by 19.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 594 shares of the conglomerate’s stock worth $63,000 after purchasing an additional 98 shares in the last quarter. New York State Teachers Retirement System increased its stake in shares of National Presto Industries by 1.3% in the fourth quarter. New York State Teachers Retirement System now owns 7,554 shares of the conglomerate’s stock valued at $806,000 after buying an additional 100 shares during the period. Nebula Research & Development LLC raised its holdings in National Presto Industries by 4.1% in the 2nd quarter. Nebula Research & Development LLC now owns 3,778 shares of the conglomerate’s stock valued at $370,000 after buying an additional 150 shares during the last quarter. Pullen Investment Management LLC raised its holdings in National Presto Industries by 1.4% in the 1st quarter. Pullen Investment Management LLC now owns 15,230 shares of the conglomerate’s stock valued at $2,087,000 after buying an additional 203 shares during the last quarter. Finally, Martingale Asset Management L P raised its stake in shares of National Presto Industries by 2.7% during the fourth quarter. Martingale Asset Management L P now owns 9,046 shares of the conglomerate’s stock valued at $966,000 after acquiring an additional 241 shares during the last quarter. Institutional investors own 58.57% of the company’s stock.

National Presto Industries Stock Performance

Shares of NYSE NPK opened at $122.15 on Friday. The company has a market capitalization of $875.82 million, a P/E ratio of 27.20 and a beta of 0.41. National Presto Industries, Inc. has a 52-week low of $91.28 and a 52-week high of $149.85. The company’s 50 day moving average price is $128.00 and its 200-day moving average price is $130.84.

National Presto Industries (NYSE:NPK) last issued its quarterly earnings results on Friday, May 15th. The conglomerate reported $0.93 EPS for the quarter. National Presto Industries had a net margin of 6.19% and a return on equity of 8.32%. The business had revenue of $118.65 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded National Presto Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

National Presto Industries 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.