14,905 Shares in National Presto Industries, Inc. $NPK Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new stake in shares of National Presto Industries, Inc. (NYSE:NPK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,905 shares of the conglomerate’s stock, valued at approximately $1,863,000. Susquehanna Fundamental Investments LLC owned approximately 0.21% of National Presto Industries at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new stake in shares of National Presto Industries during the fourth quarter worth about $27,000. International Assets Investment Management LLC purchased a new position in shares of National Presto Industries in the 4th quarter valued at approximately $32,000. Solstein Capital LLC purchased a new position in shares of National Presto Industries in the 2nd quarter valued at approximately $36,000. Caitong International Asset Management Co. Ltd acquired a new stake in National Presto Industries in the 4th quarter worth approximately $37,000. Finally, KBC Group NV acquired a new stake in National Presto Industries in the 1st quarter worth approximately $44,000. Institutional investors and hedge funds own 58.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings upgraded shares of National Presto Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 25th. Wall Street Zen upgraded shares of National Presto Industries from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

National Presto Industries Stock Down 3.7%

National Presto Industries stock opened at $146.10 on Wednesday. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 24.43 and a beta of 0.47. National Presto Industries, Inc. has a 52 week low of $91.28 and a 52 week high of $158.17. The business’s 50-day moving average price is $132.77 and its 200 day moving average price is $134.32.

National Presto Industries (NYSE:NPK) last announced its quarterly earnings results on Friday, August 14th. The conglomerate reported $2.21 earnings per share (EPS) for the quarter. National Presto Industries had a return on equity of 10.83% and a net margin of 7.86%.The company had revenue of $146.60 million during the quarter.

About National Presto Industries

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.