XTX Topco Ltd Takes $523,000 Position in National Presto Industries, Inc. (NYSE:NPK)

XTX Topco Ltd purchased a new stake in National Presto Industries, Inc. (NYSE:NPK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,314 shares of the conglomerate’s stock, valued at approximately $523,000. XTX Topco Ltd owned about 0.07% of National Presto Industries at the end of the most recent quarter.

Several other large investors have also bought and sold shares of NPK. Barclays PLC raised its holdings in shares of National Presto Industries by 301.6% in the third quarter. Barclays PLC now owns 11,109 shares of the conglomerate’s stock valued at $835,000 after purchasing an additional 8,343 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of National Presto Industries by 274.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,971 shares of the conglomerate’s stock worth $981,000 after buying an additional 7,306 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of National Presto Industries by 55.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate’s stock worth $3,102,000 after buying an additional 14,663 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in shares of National Presto Industries by 50.7% in the third quarter. Sanctuary Advisors LLC now owns 4,852 shares of the conglomerate’s stock valued at $382,000 after acquiring an additional 1,633 shares in the last quarter. Finally, Fortis Group Advisors LLC purchased a new stake in shares of National Presto Industries during the fourth quarter valued at approximately $249,000. 58.57% of the stock is currently owned by institutional investors.

National Presto Industries Stock Down 0.5 %

NPK opened at $83.37 on Friday. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $103.93. The company’s 50-day moving average price is $90.97 and its two-hundred day moving average price is $87.72. The stock has a market cap of $595.49 million, a price-to-earnings ratio of 17.55 and a beta of 0.55.

National Presto Industries (NYSE:NPK) last announced its quarterly earnings data on Friday, March 14th. The conglomerate reported $2.91 earnings per share for the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%. The business had revenue of $134.69 million during the quarter.

National Presto Industries Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, March 4th were paid a dividend of $1.00 per share. This represents a dividend yield of 1%. The ex-dividend date was Tuesday, March 4th. National Presto Industries’s payout ratio is currently 17.21%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded National Presto Industries from a “hold” rating to a “buy” rating in a research note 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.