Ellsworth Advisors LLC Invests $616,000 in National Presto Industries, Inc. $NPK

Key Points

• Ellsworth Advisors LLC has acquired a new position in National Presto Industries, purchasing 7,009 shares valued at approximately $616,000, representing 0.10% of the company.
• National Presto Industries has seen significant interest from institutional investors, with 58.57% of the stock currently owned by them, including notable increases in stakes from GAMMA Investing LLC and Lazard Asset Management LLC.
• As of the latest trading data, National Presto Industries' shares have recently increased by 3.2%, with the stock priced at around $113.20, hitting a 12-month high of $113.30.

Ellsworth Advisors LLC bought a new stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,009 shares of the conglomerate's stock, valued at approximately $616,000. Ellsworth Advisors LLC owned about 0.10% of National Presto Industries as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC grew its holdings in shares of National Presto Industries by 60.5% during the first quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate's stock valued at $30,000 after buying an additional 127 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of National Presto Industries by 64.6% during the fourth quarter. Lazard Asset Management LLC now owns 856 shares of the conglomerate's stock worth $84,000 after acquiring an additional 336 shares in the last quarter. AlphaQuest LLC raised its holdings in shares of National Presto Industries by 49.5% during the first quarter. AlphaQuest LLC now owns 1,501 shares of the conglomerate's stock worth $132,000 after acquiring an additional 497 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of National Presto Industries during the fourth quarter worth $230,000. Finally, Quantbot Technologies LP purchased a new stake in shares of National Presto Industries during the first quarter worth $217,000. Hedge funds and other institutional investors own 58.57% of the company's stock.

National Presto Industries Price Performance

NYSE:NPK traded down $1.41 during trading hours on Wednesday, reaching $115.02. The company's stock had a trading volume of 9,454 shares, compared to its average volume of 59,338. The company has a market cap of $822.41 million, a price-to-earnings ratio of 19.76 and a beta of 0.51. National Presto Industries, Inc. has a one year low of $69.80 and a one year high of $117.46. The business's 50-day moving average is $105.01 and its 200-day moving average is $94.63.

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 (EPS) for the quarter. The company had revenue of $120.45 million during the quarter. National Presto Industries had a return on equity of 11.42% and a net margin of 9.23%.

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.