Atria Investments Inc Boosts Stock Position in National Presto Industries, Inc. (NYSE:NPK)

Atria Investments Inc boosted its holdings in National Presto Industries, Inc. (NYSE:NPK) by 13.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,813 shares of the conglomerate’s stock after purchasing an additional 802 shares during the period. Atria Investments Inc’s holdings in National Presto Industries were worth $671,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of NPK. Wilmington Savings Fund Society FSB purchased a new position in shares of National Presto Industries during the 3rd quarter valued at $75,000. Newbridge Financial Services Group Inc. purchased a new position in shares of National Presto Industries during the 4th quarter valued at $79,000. Point72 Asia Singapore Pte. Ltd. lifted its position in shares of National Presto Industries by 190.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate’s stock valued at $111,000 after buying an additional 973 shares during the last quarter. US Bancorp DE lifted its position in shares of National Presto Industries by 11.6% during the 4th quarter. US Bancorp DE now owns 1,616 shares of the conglomerate’s stock valued at $159,000 after buying an additional 168 shares during the last quarter. Finally, Victory Capital Management Inc. purchased a new position in shares of National Presto Industries during the 4th quarter valued at $243,000. Hedge funds and other institutional investors own 58.57% of the company’s stock.

National Presto Industries Stock Performance

NYSE:NPK opened at $89.20 on Friday. National Presto Industries, Inc. has a 52-week low of $69.58 and a 52-week high of $103.93. The firm has a market cap of $633.32 million, a price-to-earnings ratio of 18.78 and a beta of 0.54. The business’s fifty day moving average is $96.90 and its 200 day moving average is $85.55.

National Presto Industries (NYSE:NPK) last released its quarterly earnings data on Friday, March 14th. The conglomerate reported $2.91 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%.

National Presto Industries Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, March 4th will be paid a dividend of $1.00 per share. The ex-dividend date is Tuesday, March 4th. This represents a dividend yield of 1%. National Presto Industries’s payout ratio is 21.05%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut National Presto Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd.

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.