Wilmington Savings Fund Society FSB Takes $75,000 Position in National Presto Industries, Inc. (NYSE:NPK)

Wilmington Savings Fund Society FSB acquired a new stake in National Presto Industries, Inc. (NYSE:NPK) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 1,000 shares of the conglomerate’s stock, valued at approximately $75,000.

A number of other institutional investors have also recently added to or reduced their stakes in NPK. Dimensional Fund Advisors LP lifted its position in shares of National Presto Industries by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 344,347 shares of the conglomerate’s stock valued at $25,871,000 after acquiring an additional 16,288 shares during the period. Renaissance Technologies LLC boosted its position in National Presto Industries by 30.3% during the second quarter. Renaissance Technologies LLC now owns 246,700 shares of the conglomerate’s stock worth $18,535,000 after purchasing an additional 57,300 shares in the last quarter. Geode Capital Management LLC grew its holdings in National Presto Industries by 2.3% in the third quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate’s stock valued at $9,255,000 after purchasing an additional 2,827 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of National Presto Industries by 4.5% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate’s stock valued at $6,091,000 after buying an additional 3,500 shares in the last quarter. Finally, Wallace Capital Management Inc. raised its stake in shares of National Presto Industries by 1.8% during the 3rd quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate’s stock worth $2,730,000 after buying an additional 625 shares during the last quarter. Hedge funds and other institutional investors own 58.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of National Presto Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.

National Presto Industries Stock Up 0.8 %

NPK opened at $93.45 on Friday. The business’s fifty day simple moving average is $79.49 and its 200 day simple moving average is $76.06. National Presto Industries, Inc. has a 52 week low of $69.58 and a 52 week high of $93.81. The firm has a market cap of $663.50 million, a P/E ratio of 19.67 and a beta of 0.59.

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.