National Presto Industries, Inc. (NYSE:NPK) Shares Bought by Numerai GP LLC

Numerai GP LLC boosted its holdings in National Presto Industries, Inc. (NYSE:NPK) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,744 shares of the conglomerate’s stock after purchasing an additional 903 shares during the quarter. Numerai GP LLC owned approximately 0.19% of National Presto Industries worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in NPK. Medina Value Partners LLC purchased a new position in National Presto Industries during the fourth quarter worth approximately $10,035,000. Gotham Asset Management LLC purchased a new stake in National Presto Industries during the fourth quarter worth approximately $4,469,000. Brandes Investment Partners LP increased its position in shares of National Presto Industries by 23.4% in the fourth quarter. Brandes Investment Partners LP now owns 156,040 shares of the conglomerate’s stock worth $15,357,000 after acquiring an additional 29,577 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of National Presto Industries by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate’s stock valued at $35,901,000 after acquiring an additional 26,987 shares in the last quarter. Finally, Guardian Wealth Management Inc. acquired a new stake in National Presto Industries in the 4th quarter valued at $2,095,000. 58.57% of the stock is owned by institutional investors and hedge funds.

National Presto Industries Trading Up 1.3%

NYSE NPK opened at $85.51 on Wednesday. National Presto Industries, Inc. has a 52 week low of $69.58 and a 52 week high of $103.93. The stock has a market cap of $610.88 million, a P/E ratio of 18.00 and a beta of 0.49. The company’s fifty day simple moving average is $85.72 and its 200-day simple moving average is $88.98.

National Presto Industries (NYSE:NPK) last announced its earnings results on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share (EPS) 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 $103.64 million for the quarter.

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. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a dividend yield of 1%. National Presto Industries’s dividend payout ratio (DPR) is presently 16.78%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded National Presto Industries from a “buy” rating to a “hold” rating in a research report on Monday.

National Presto Industries Company 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.