Ameriprise Financial Inc. Has $3.74 Million Position in National Presto Industries, Inc. (NYSE:NPK)

Ameriprise Financial Inc. lifted its position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 14.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,031 shares of the conglomerate's stock after purchasing an additional 4,928 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.54% of National Presto Industries worth $3,743,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in shares of National Presto Industries by 274.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,971 shares of the conglomerate's stock worth $981,000 after purchasing an additional 7,306 shares in the last quarter. Fortis Group Advisors LLC acquired a new stake in shares of National Presto Industries during the 4th quarter worth approximately $249,000. Louisiana State Employees Retirement System acquired a new stake in shares of National Presto Industries during the 4th quarter worth approximately $246,000. Jump Financial LLC acquired a new stake in shares of National Presto Industries during the 4th quarter worth approximately $308,000. Finally, LPL Financial LLC acquired a new stake in shares of National Presto Industries during the 4th quarter worth approximately $2,092,000. Institutional investors and hedge funds own 58.57% of the company's stock.

National Presto Industries Trading Down 0.2%

NPK stock traded down $0.16 during trading on Friday, hitting $85.97. The company had a trading volume of 37,258 shares, compared to its average volume of 40,002. The company has a fifty day moving average price of $84.81 and a two-hundred day moving average price of $89.94. The company has a market cap of $614.43 million, a P/E ratio of 18.10 and a beta of 0.49. National Presto Industries, Inc. has a fifty-two week low of $69.58 and a fifty-two week high of $103.93.

National Presto Industries (NYSE:NPK - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The conglomerate reported $1.07 EPS for the quarter. The business had revenue of $103.64 million for the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered National Presto Industries from a "buy" rating to a "hold" rating in a research note on Monday, May 12th.

National Presto Industries Company 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.