Pullen Investment Management LLC Takes $1.68 Million Position in National Presto Industries, Inc. $NPK

Pullen Investment Management LLC acquired a new stake in shares of National Presto Industries, Inc. (NYSE:NPK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,004 shares of the conglomerate’s stock, valued at approximately $1,683,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NPK. Operose Advisors LLC acquired a new position in National Presto Industries in the 2nd quarter valued at $36,000. Solstein Capital LLC acquired a new position in National Presto Industries in the second quarter valued at $58,000. EverSource Wealth Advisors LLC boosted its stake in National Presto Industries by 969.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 631 shares of the conglomerate’s stock worth $62,000 after buying an additional 572 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in National Presto Industries by 696.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 940 shares of the conglomerate’s stock worth $92,000 after buying an additional 822 shares during the last quarter. Finally, Creative Planning grew its holdings in National Presto Industries by 11.5% in the 2nd quarter. Creative Planning now owns 2,676 shares of the conglomerate’s stock valued at $262,000 after buying an additional 275 shares during the period. 58.57% of the stock is owned by hedge funds and other institutional investors.

National Presto Industries Price Performance

National Presto Industries stock opened at $117.18 on Wednesday. National Presto Industries, Inc. has a 12 month low of $77.63 and a 12 month high of $120.49. The company has a market cap of $838.06 million, a price-to-earnings ratio of 21.54 and a beta of 0.51. The stock’s 50-day moving average is $102.85 and its 200-day moving average is $105.90.

Analyst Ratings Changes

NPK has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of National Presto Industries in a report on Monday, December 29th. Wall Street Zen raised shares of National Presto Industries from a “sell” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

National Presto Industries Company Profile

National Presto Industries, Inc is an American diversified manufacturer headquartered in Eau Claire, Wisconsin. The company operates primarily through three business segments—Housewares/Small Appliances, Defense Products, and Safety—which together supply a range of consumer and industrial markets. Founded in 1905, National Presto Industries has built a reputation for durable, user-friendly products marketed under the Presto and National Presto brands.

In its Housewares/Small Appliances segment, National Presto offers a variety of kitchen products designed to simplify home cooking and meal preparation.