Hotchkis & Wiley Capital Management LLC boosted its position in National Presto Industries, Inc. (NYSE:NPK – Free Report) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,058 shares of the conglomerate’s stock after purchasing an additional 3,500 shares during the period. Hotchkis & Wiley Capital Management LLC’s holdings in National Presto Industries were worth $6,091,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of NPK. Vanguard Group Inc. lifted its stake in National Presto Industries by 0.7% in the first quarter. Vanguard Group Inc. now owns 607,135 shares of the conglomerate’s stock valued at $50,878,000 after purchasing an additional 4,061 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of National Presto Industries by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,664 shares of the conglomerate’s stock worth $475,000 after acquiring an additional 774 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of National Presto Industries during the second quarter worth $68,000. First Personal Financial Services lifted its position in shares of National Presto Industries by 6.2% during the second quarter. First Personal Financial Services now owns 4,000 shares of the conglomerate’s stock worth $301,000 after acquiring an additional 235 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of National Presto Industries by 4.2% during the second quarter. Rhumbline Advisers now owns 14,784 shares of the conglomerate’s stock worth $1,111,000 after acquiring an additional 593 shares in the last quarter. Hedge funds and other institutional investors own 58.57% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com downgraded National Presto Industries from a “buy” rating to a “hold” rating in a research report on Tuesday.
National Presto Industries Price Performance
NYSE:NPK opened at $85.60 on Friday. The company has a market cap of $607.76 million, a P/E ratio of 18.02 and a beta of 0.59. The stock’s fifty day moving average price is $75.61 and its two-hundred day moving average price is $74.93. National Presto Industries, Inc. has a 1 year low of $69.58 and a 1 year high of $86.44.
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.
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