Amanah Holdings Trust Invests $4.41 Million in National Presto Industries, Inc. $NPK

Key Points

• Amanah Holdings Trust invested approximately $4.41 million in National Presto Industries, Inc., acquiring 45,000 shares, which represents about 1.1% of its investment portfolio.
• National Presto Industries reported earnings of $0.72 per share for the last quarter, alongside a revenue of $120.45 million.
• The stock has shown potential volatility, with a one-year low of $69.80 and high of $113.87, currently trading around $111.92.

Amanah Holdings Trust bought a new position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,000 shares of the conglomerate's stock, valued at approximately $4,408,000. National Presto Industries comprises approximately 1.1% of Amanah Holdings Trust's investment portfolio, making the stock its 14th largest holding. Amanah Holdings Trust owned approximately 0.63% of National Presto Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in NPK. Northern Trust Corp raised its holdings in shares of National Presto Industries by 3.0% during the fourth quarter. Northern Trust Corp now owns 53,470 shares of the conglomerate's stock worth $5,263,000 after purchasing an additional 1,547 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of National Presto Industries by 14.9% during the fourth quarter. Ameriprise Financial Inc. now owns 38,031 shares of the conglomerate's stock worth $3,743,000 after purchasing an additional 4,928 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of National Presto Industries by 19.7% during the fourth quarter. Deutsche Bank AG now owns 2,881 shares of the conglomerate's stock worth $284,000 after purchasing an additional 475 shares during the last quarter. Graham Capital Management L.P. purchased a new position in shares of National Presto Industries during the fourth quarter worth $258,000. Finally, Janus Henderson Group PLC purchased a new position in shares of National Presto Industries during the fourth quarter worth $230,000. Hedge funds and other institutional investors own 58.57% of the company's stock.

National Presto Industries Price Performance

Shares of National Presto Industries stock opened at $111.92 on Monday. National Presto Industries, Inc. has a 1 year low of $69.80 and a 1 year high of $113.87. The firm has a fifty day moving average price of $104.63 and a 200 day moving average price of $94.39. The stock has a market cap of $800.12 million, a PE ratio of 19.20 and a beta of 0.51.

National Presto Industries (NYSE:NPK - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The conglomerate reported $0.72 earnings per share for the quarter. The business had revenue of $120.45 million during the quarter. National Presto Industries had a net margin of 9.23% and a return on equity of 11.42%.

About National Presto Industries

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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