Susquehanna Fundamental Investments LLC Purchases Shares of 5,206 National Presto Industries, Inc. (NYSE:NPK)

Susquehanna Fundamental Investments LLC acquired a new position in National Presto Industries, Inc. (NYSE:NPK) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,206 shares of the conglomerate’s stock, valued at approximately $512,000. Susquehanna Fundamental Investments LLC owned 0.07% of National Presto Industries as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Medina Value Partners LLC bought a new stake in National Presto Industries during the 4th quarter worth approximately $10,035,000. Brandes Investment Partners LP lifted its stake in shares of National Presto Industries by 23.4% during the 4th quarter. Brandes Investment Partners LP now owns 156,040 shares of the conglomerate’s stock valued at $15,357,000 after buying an additional 29,577 shares in the last quarter. Vanguard Group Inc. boosted its holdings in National Presto Industries by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate’s stock worth $35,901,000 after buying an additional 26,987 shares during the period. Guardian Wealth Management Inc. purchased a new stake in National Presto Industries in the 4th quarter worth $2,095,000. Finally, LPL Financial LLC bought a new stake in National Presto Industries during the fourth quarter valued at about $2,092,000. 58.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

National Presto Industries Price Performance

National Presto Industries stock opened at $86.12 on Friday. National Presto Industries, Inc. has a 1 year low of $69.58 and a 1 year high of $103.93. The firm’s 50 day moving average price is $87.91 and its 200-day moving average price is $88.59. The stock has a market cap of $615.24 million, a P/E ratio of 18.13 and a beta of 0.55.

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

National Presto Industries Dividend Announcement

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

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.