California Public Employees Retirement System cut its stake in National Presto Industries Inc. (NYSE:NPK) by 7.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,100 shares of the conglomerate’s stock after selling 500 shares during the quarter. California Public Employees Retirement System owned approximately 0.09% of National Presto Industries worth $649,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in shares of National Presto Industries during the 3rd quarter worth approximately $107,000. Schroder Investment Management Group acquired a new position in shares of National Presto Industries during the 2nd quarter worth approximately $122,000. Advisory Services Network LLC raised its stake in shares of National Presto Industries by 7.3% during the 2nd quarter. Advisory Services Network LLC now owns 1,141 shares of the conglomerate’s stock worth $126,000 after buying an additional 78 shares during the period. Tudor Investment Corp ET AL acquired a new position in shares of National Presto Industries during the 2nd quarter worth approximately $236,000. Finally, Saratoga Research & Investment Management acquired a new position in shares of National Presto Industries during the 3rd quarter worth approximately $241,000. 54.82% of the stock is owned by institutional investors.

National Presto Industries Inc. (NYSE NPK) opened at $102.10 on Friday. The firm has a market capitalization of $724.16, a P/E ratio of 12.83 and a beta of 0.45. National Presto Industries Inc. has a 52 week low of $91.75 and a 52 week high of $121.40.

National Presto Industries (NYSE:NPK) last announced its earnings results on Monday, November 13th. The conglomerate reported $1.19 earnings per share for the quarter. The business had revenue of $70.61 million during the quarter. National Presto Industries had a return on equity of 16.08% and a net margin of 16.28%.

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About National Presto Industries

National Presto Industries, Inc operates through two business segments: the Housewares/Small Appliance segment and the Defense segment. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics and comfort appliances.

Institutional Ownership by Quarter for National Presto Industries (NYSE:NPK)

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