Bank of America Corp DE Has $8.73 Million Position in NAPCO Security Technologies, Inc. $NSSC

Bank of America Corp DE cut its holdings in shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 28.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 221,765 shares of the industrial products company's stock after selling 88,835 shares during the quarter. Bank of America Corp DE owned 0.62% of NAPCO Security Technologies worth $8,735,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. IFP Advisors Inc increased its stake in NAPCO Security Technologies by 193.3% in the 3rd quarter. IFP Advisors Inc now owns 572 shares of the industrial products company's stock valued at $25,000 after buying an additional 377 shares during the period. ProShare Advisors LLC increased its position in NAPCO Security Technologies by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 6,313 shares of the industrial products company's stock worth $263,000 after purchasing an additional 407 shares during the last quarter. Legal & General Group Plc raised its stake in shares of NAPCO Security Technologies by 1.0% during the 3rd quarter. Legal & General Group Plc now owns 43,937 shares of the industrial products company's stock worth $1,887,000 after purchasing an additional 430 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of NAPCO Security Technologies by 1.3% during the 3rd quarter. Alliancebernstein L.P. now owns 36,826 shares of the industrial products company's stock valued at $1,582,000 after buying an additional 474 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of NAPCO Security Technologies by 3.2% during the 1st quarter. Quantinno Capital Management LP now owns 19,464 shares of the industrial products company's stock valued at $767,000 after buying an additional 596 shares during the last quarter. Institutional investors and hedge funds own 85.07% of the company's stock.

NAPCO Security Technologies Stock Down 1.3%

Shares of NASDAQ:NSSC opened at $37.59 on Tuesday. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 36.14 and a beta of 1.45. The business has a 50 day moving average price of $37.56 and a 200 day moving average price of $40.01. NAPCO Security Technologies, Inc. has a twelve month low of $31.47 and a twelve month high of $51.77.

NAPCO Security Technologies (NASDAQ:NSSC - Get Free Report) last issued its quarterly earnings results on Monday, August 24th. The industrial products company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.39 by $0.11. NAPCO Security Technologies had a return on equity of 28.93% and a net margin of 18.70%.The company had revenue of $55.81 million for the quarter, compared to the consensus estimate of $52.51 million. During the same period in the previous year, the business posted $0.33 EPS. The company's revenue for the quarter was up 10.1% on a year-over-year basis. Analysts anticipate that NAPCO Security Technologies, Inc. will post 1.49 EPS for the current year.

NAPCO Security Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.8%. This is an increase from NAPCO Security Technologies's previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, September 11th. NAPCO Security Technologies's payout ratio is presently 57.69%.

NAPCO Security Technologies News Roundup

Here are the key news stories impacting NAPCO Security Technologies this week:

• Positive Sentiment: NAPCO reported fourth-quarter earnings of $0.50 per share, exceeding the $0.39 analyst consensus, while revenue rose 10.1% year over year to $55.81 million, above estimates of $52.53 million. Net margin was 18.7% and return on equity reached 28.93%. NAPCO Security Technologies Fiscal Q4 and Full Year 2026 Results
• Positive Sentiment: Management signaled approximately $103 million in recurring-revenue run-rate, supporting the company’s higher-margin, more predictable revenue base. Napco Signals Recurring Revenue Run Rate
• Positive Sentiment: NAPCO raised its quarterly dividend by 13.3%, from $0.15 to $0.17 per share. The dividend is payable October 2 to shareholders of record September 11, reinforcing confidence in cash generation. Napco Raises Quarterly Dividend
• Positive Sentiment: Needham & Company reiterated its Buy rating, providing continued sell-side support after the results. Needham Reiterates Buy Rating
• Neutral Sentiment: The earnings release and conference call put investor focus on recurring security-service revenue, fiscal 2026 results and the outlook for continued growth. NSSC Q4 2026 Earnings Call Transcript
• Negative Sentiment: After the initial earnings-driven surge, investors may be taking profits. NSSC trades at roughly 36 times earnings and remains below its 200-day moving average, leaving the stock vulnerable to consolidation despite strong fundamentals.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. TD Cowen restated a "buy" rating and issued a $53.00 price objective (up from $50.00) on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Wall Street Zen cut shares of NAPCO Security Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, July 4th. Weiss Ratings reissued a "hold (c)" rating on shares of NAPCO Security Technologies in a research report on Friday, August 7th. Needham & Company LLC restated a "buy" rating and set a $49.00 price target on shares of NAPCO Security Technologies in a research note on Friday. Finally, DA Davidson restated a "buy" rating and set a $52.00 price target on shares of NAPCO Security Technologies in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $48.67.

About NAPCO Security Technologies

NAPCO Security Technologies, Inc NASDAQ: NSSC is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company's product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO's offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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