104,390 Shares in Napco Security Technologies, Inc. (NASDAQ:NSSC) Purchased by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. acquired a new position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 104,390 shares of the industrial products company’s stock, valued at approximately $3,712,000. Stanley Laman Group Ltd. owned about 0.28% of Napco Security Technologies as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. SkyOak Wealth LLC acquired a new position in Napco Security Technologies in the 4th quarter valued at approximately $273,000. Copeland Capital Management LLC raised its holdings in Napco Security Technologies by 15.1% in the 4th quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company’s stock valued at $42,481,000 after acquiring an additional 156,495 shares in the last quarter. Laurus Investment Counsel Inc. raised its holdings in Napco Security Technologies by 27.6% in the 4th quarter. Laurus Investment Counsel Inc. now owns 79,560 shares of the industrial products company’s stock valued at $2,829,000 after acquiring an additional 17,220 shares in the last quarter. Moody Aldrich Partners LLC raised its holdings in Napco Security Technologies by 9.6% in the 4th quarter. Moody Aldrich Partners LLC now owns 79,382 shares of the industrial products company’s stock valued at $2,823,000 after acquiring an additional 6,954 shares in the last quarter. Finally, KBC Group NV raised its holdings in Napco Security Technologies by 83.8% in the 4th quarter. KBC Group NV now owns 2,049 shares of the industrial products company’s stock valued at $73,000 after acquiring an additional 934 shares in the last quarter. Institutional investors and hedge funds own 85.07% of the company’s stock.

Napco Security Technologies Stock Performance

Shares of NSSC opened at $25.05 on Thursday. The firm has a market capitalization of $918.83 million, a price-to-earnings ratio of 19.27 and a beta of 1.64. The business’s fifty day moving average price is $34.53 and its two-hundred day moving average price is $39.86. Napco Security Technologies, Inc. has a 52 week low of $24.90 and a 52 week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings results on Monday, February 3rd. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The company had revenue of $42.90 million during the quarter, compared to analyst estimates of $49.93 million. Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The business’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company earned $0.34 EPS. As a group, research analysts forecast that Napco Security Technologies, Inc. will post 1.55 EPS for the current year.

Napco Security Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio (DPR) is currently 38.46%.

Analysts Set New Price Targets

Several research firms have commented on NSSC. DA Davidson cut their price target on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Lake Street Capital lowered their price objective on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Craig Hallum lowered Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price objective on the stock. in a research note on Tuesday, February 4th. StockNews.com upgraded Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, Needham & Company LLC decreased their price target on Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $38.17.

Napco Security Technologies Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.