Pacer Advisors Inc. Buys 32,758 Shares of National Presto Industries, Inc. (NYSE:NPK)

Pacer Advisors Inc. lifted its stake in National Presto Industries, Inc. (NYSE:NPK) by 42.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,814 shares of the conglomerate’s stock after buying an additional 32,758 shares during the quarter. Pacer Advisors Inc. owned about 1.55% of National Presto Industries worth $8,816,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Royal Bank of Canada increased its holdings in National Presto Industries by 3.0% in the 3rd quarter. Royal Bank of Canada now owns 5,167 shares of the conglomerate’s stock worth $375,000 after acquiring an additional 149 shares in the last quarter. Stifel Financial Corp raised its position in shares of National Presto Industries by 3.3% during the 3rd quarter. Stifel Financial Corp now owns 5,758 shares of the conglomerate’s stock valued at $417,000 after purchasing an additional 185 shares during the period. Swiss National Bank lifted its stake in shares of National Presto Industries by 1.8% during the 2nd quarter. Swiss National Bank now owns 11,600 shares of the conglomerate’s stock valued at $849,000 after buying an additional 200 shares in the last quarter. First Personal Financial Services lifted its stake in shares of National Presto Industries by 4.5% during the 3rd quarter. First Personal Financial Services now owns 4,836 shares of the conglomerate’s stock valued at $350,000 after buying an additional 210 shares in the last quarter. Finally, UBS Group AG boosted its holdings in National Presto Industries by 6.2% in the 1st quarter. UBS Group AG now owns 3,642 shares of the conglomerate’s stock worth $263,000 after buying an additional 213 shares during the period. 58.57% of the stock is owned by hedge funds and other institutional investors.

National Presto Industries Trading Up 0.6 %

NYSE NPK opened at $81.86 on Thursday. National Presto Industries, Inc. has a 12 month low of $66.83 and a 12 month high of $84.29. The stock has a market cap of $582.84 million, a PE ratio of 16.84 and a beta of 0.58. The stock’s 50 day moving average is $78.61 and its 200 day moving average is $77.51.

National Presto Industries (NYSE:NPK) last released its earnings results on Tuesday, February 20th. The conglomerate reported $1.85 EPS for the quarter. The firm had revenue of $98.42 million for the quarter. National Presto Industries had a net margin of 10.14% and a return on equity of 10.14%.

National Presto Industries Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.00 per share. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 1.28%. National Presto Industries’s payout ratio is 20.58%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded National Presto Industries from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 22nd.

National Presto Industries Profile

National Presto Industries Inc provides housewares and small electric 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; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand.