National Presto Industries, Inc. $NPK Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lowered its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 25.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,154 shares of the conglomerate’s stock after selling 1,804 shares during the quarter. Teacher Retirement System of Texas’ holdings in National Presto Industries were worth $505,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of NPK. Solstein Capital LLC acquired a new position in shares of National Presto Industries in the 2nd quarter worth approximately $58,000. AlphaQuest LLC lifted its stake in National Presto Industries by 49.5% during the first quarter. AlphaQuest LLC now owns 1,501 shares of the conglomerate’s stock worth $132,000 after purchasing an additional 497 shares during the last quarter. Quantbot Technologies LP bought a new position in National Presto Industries during the first quarter worth $217,000. State of Alaska Department of Revenue boosted its holdings in National Presto Industries by 8.0% in the second quarter. State of Alaska Department of Revenue now owns 3,059 shares of the conglomerate’s stock worth $298,000 after purchasing an additional 226 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in National Presto Industries in the first quarter worth $312,000. Institutional investors own 58.57% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b)” rating on shares of National Presto Industries in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

National Presto Industries Price Performance

Shares of NPK opened at $107.75 on Monday. National Presto Industries, Inc. has a 12 month low of $74.53 and a 12 month high of $120.49. The stock has a fifty day moving average price of $111.12 and a 200 day moving average price of $101.19. The company has a market cap of $770.30 million, a P/E ratio of 18.48 and a beta of 0.49.

National Presto Industries (NYSE:NPK) last posted its earnings results on Friday, August 8th. The conglomerate reported $0.72 earnings per share (EPS) for the quarter. The company had revenue of $120.45 million for the quarter. National Presto Industries had a return on equity of 11.42% and a net margin of 9.23%.

National Presto Industries Profile

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.