Copeland Capital Management LLC Has $34.39 Million Stock Holdings in NAPCO Security Technologies, Inc. (NASDAQ:NSSC)

Copeland Capital Management LLC boosted its position in shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 25.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,493,928 shares of the industrial products company's stock after acquiring an additional 299,305 shares during the period. Copeland Capital Management LLC owned approximately 4.10% of NAPCO Security Technologies worth $34,390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NSSC. Corient Private Wealth LLC increased its stake in NAPCO Security Technologies by 102.4% during the fourth quarter. Corient Private Wealth LLC now owns 18,104 shares of the industrial products company's stock valued at $644,000 after acquiring an additional 768,629 shares during the period. Point72 Asset Management L.P. increased its stake in NAPCO Security Technologies by 1,221.7% during the fourth quarter. Point72 Asset Management L.P. now owns 638,173 shares of the industrial products company's stock valued at $22,693,000 after acquiring an additional 589,888 shares during the period. Wellington Management Group LLP bought a new position in NAPCO Security Technologies during the fourth quarter valued at about $10,427,000. JPMorgan Chase & Co. increased its stake in NAPCO Security Technologies by 318.6% during the fourth quarter. JPMorgan Chase & Co. now owns 283,812 shares of the industrial products company's stock valued at $10,092,000 after acquiring an additional 216,017 shares during the period. Finally, Marshall Wace LLP boosted its holdings in NAPCO Security Technologies by 122.9% during the fourth quarter. Marshall Wace LLP now owns 322,293 shares of the industrial products company's stock valued at $11,461,000 after purchasing an additional 177,727 shares in the last quarter. 85.07% of the stock is currently owned by institutional investors.

NAPCO Security Technologies Price Performance

Shares of NSSC traded down $0.19 on Friday, hitting $29.63. The company's stock had a trading volume of 451,613 shares, compared to its average volume of 501,548. The company has a market capitalization of $1.06 billion, a PE ratio of 24.29 and a beta of 1.44. NAPCO Security Technologies, Inc. has a fifty-two week low of $19.00 and a fifty-two week high of $58.09. The company has a 50 day moving average price of $26.87 and a 200 day moving average price of $27.91.

NAPCO Security Technologies (NASDAQ:NSSC - Get Free Report) last announced its earnings results on Monday, May 5th. The industrial products company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The business had revenue of $43.96 million for the quarter, compared to the consensus estimate of $45.11 million. NAPCO Security Technologies had a return on equity of 26.14% and a net margin of 25.00%. NAPCO Security Technologies's revenue was down 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 EPS. On average, equities analysts forecast that NAPCO Security Technologies, Inc. will post 1.24 EPS for the current year.

NAPCO Security Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Thursday, June 12th will be issued a $0.14 dividend. This is an increase from NAPCO Security Technologies's previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Thursday, June 12th. NAPCO Security Technologies's payout ratio is presently 45.90%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on NSSC shares. Lake Street Capital set a $26.00 price objective on NAPCO Security Technologies in a report on Monday, May 5th. DA Davidson set a $33.00 price objective on NAPCO Security Technologies and gave the company a "buy" rating in a report on Wednesday. Finally, Needham & Company LLC decreased their price objective on NAPCO Security Technologies from $37.00 to $32.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, NAPCO Security Technologies presently has an average rating of "Hold" and a consensus target price of $29.20.

About NAPCO Security Technologies

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.