US Bancorp DE Has $159,000 Position in National Presto Industries, Inc. (NYSE:NPK)

US Bancorp DE boosted its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 11.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,616 shares of the conglomerate’s stock after purchasing an additional 168 shares during the quarter. US Bancorp DE’s holdings in National Presto Industries were worth $159,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC grew its holdings in National Presto Industries by 2.3% during the third quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate’s stock valued at $9,255,000 after purchasing an additional 2,827 shares during the period. Hotchkis & Wiley Capital Management LLC grew its holdings in National Presto Industries by 4.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate’s stock valued at $6,091,000 after purchasing an additional 3,500 shares during the period. JPMorgan Chase & Co. grew its holdings in National Presto Industries by 55.1% during the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate’s stock valued at $3,102,000 after purchasing an additional 14,663 shares during the period. Wallace Capital Management Inc. grew its holdings in National Presto Industries by 1.8% during the third quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate’s stock valued at $2,730,000 after purchasing an additional 625 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in National Presto Industries by 2.8% during the fourth quarter. Principal Financial Group Inc. now owns 24,785 shares of the conglomerate’s stock valued at $2,439,000 after purchasing an additional 673 shares during the period. Institutional investors and hedge funds own 58.57% of the company’s stock.

National Presto Industries Stock Performance

Shares of NPK opened at $89.20 on Friday. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $103.93. The firm’s 50 day moving average price is $96.77 and its two-hundred day moving average price is $85.73. The firm has a market cap of $633.32 million, a P/E ratio of 18.78 and a beta of 0.54.

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

National Presto Industries Dividend Announcement

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

Analyst Ratings Changes

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