J. Goldman & Co LP Invests $2.06 Million in National Presto Industries, Inc. (NYSE:NPK)

J. Goldman & Co LP acquired a new position in shares of National Presto Industries, Inc. (NYSE:NPK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 20,905 shares of the conglomerate’s stock, valued at approximately $2,057,000. J. Goldman & Co LP owned 0.29% of National Presto Industries as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in NPK. Barclays PLC boosted its holdings in shares of National Presto Industries by 301.6% during the third quarter. Barclays PLC now owns 11,109 shares of the conglomerate’s stock worth $835,000 after acquiring an additional 8,343 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of National Presto Industries by 55.1% during the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate’s stock worth $3,102,000 after acquiring an additional 14,663 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of National Presto Industries by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 23,921 shares of the conglomerate’s stock worth $2,354,000 after acquiring an additional 979 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in shares of National Presto Industries during the fourth quarter worth approximately $79,000. Finally, Louisiana State Employees Retirement System bought a new stake in shares of National Presto Industries during the fourth quarter worth approximately $246,000. Institutional investors own 58.57% of the company’s stock.

National Presto Industries Trading Down 2.4%

Shares of NPK stock opened at $81.19 on Monday. The stock has a market cap of $580.02 million, a P/E ratio of 17.09 and a beta of 0.49. The stock has a 50 day simple moving average of $86.07 and a 200 day simple moving average of $88.93. National Presto Industries, Inc. has a 1 year low of $69.58 and a 1 year high of $103.93.

National Presto Industries (NYSE:NPK) last issued its quarterly earnings results on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share (EPS) for the quarter. The business had revenue of $103.64 million during the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%.

National Presto Industries Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, March 4th were paid a $1.00 dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Tuesday, March 4th. National Presto Industries’s dividend payout ratio (DPR) is currently 16.78%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded National Presto Industries from a “hold” rating to a “buy” rating in a report on Tuesday, March 18th.

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.