Wells Fargo & Company MN lifted its position in National Presto Industries Inc. (NYSE:NPK) by 5.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,134 shares of the conglomerate’s stock after purchasing an additional 945 shares during the period. Wells Fargo & Company MN owned about 0.27% of National Presto Industries worth $2,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Citadel Advisors LLC lifted its position in National Presto Industries by 18.0% during the third quarter. Citadel Advisors LLC now owns 40,750 shares of the conglomerate’s stock valued at $4,338,000 after purchasing an additional 6,207 shares during the last quarter. JPMorgan Chase & Co. increased its stake in National Presto Industries by 371.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,683 shares of the conglomerate’s stock worth $821,000 after buying an additional 6,052 shares during the period. Eagle Asset Management Inc. increased its position in National Presto Industries by 2.3% during the 3rd quarter. Eagle Asset Management Inc. now owns 56,147 shares of the conglomerate’s stock valued at $6,066,000 after purchasing an additional 1,255 shares during the period. SG Americas Securities LLC purchased a new position in National Presto Industries during the 3rd quarter valued at about $107,000. Finally, Russell Investments Group Ltd. increased its position in National Presto Industries by 41.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 15,854 shares of the conglomerate’s stock valued at $1,688,000 after purchasing an additional 4,629 shares during the period. Hedge funds and other institutional investors own 54.79% of the company’s stock.
National Presto Industries Inc. (NPK) opened at $104.20 on Wednesday. The company has a market cap of $746.10, a PE ratio of 12.79 and a beta of 0.45. National Presto Industries Inc. has a 12-month low of $91.75 and a 12-month high of $121.40.
National Presto Industries (NYSE:NPK) last posted its earnings results on Monday, November 13th. The conglomerate reported $1.19 earnings per share for the quarter. National Presto Industries had a net margin of 16.28% and a return on equity of 16.08%.
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National Presto Industries Company Profile
National Presto Industries, Inc operates through two business segments: the Housewares/Small Appliance segment and the Defense segment. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics and comfort appliances.
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