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

Several other hedge funds have also recently modified their holdings of NPK. Gotham Asset Management LLC purchased a new stake in shares of National Presto Industries in the 4th quarter worth approximately $4,469,000. GAMMA Investing LLC grew its position in shares of National Presto Industries by 14,007.6% in the 1st quarter. GAMMA Investing LLC now owns 29,626 shares of the conglomerate's stock worth $2,604,000 after buying an additional 29,416 shares during the last quarter. Jones Financial Companies Lllp bought a new position in shares of National Presto Industries during the 1st quarter worth approximately $1,627,000. Nuveen LLC purchased a new stake in National Presto Industries during the first quarter valued at approximately $1,312,000. Finally, Guardian Wealth Management Inc. lifted its position in National Presto Industries by 48.8% during the first quarter. Guardian Wealth Management Inc. now owns 31,667 shares of the conglomerate's stock valued at $2,784,000 after acquiring an additional 10,385 shares during the last quarter. Hedge funds and other institutional investors own 58.57% of the company's stock.

National Presto Industries Price Performance

NYSE NPK traded up $2.11 on Monday, hitting $114.23. The stock had a trading volume of 40,994 shares, compared to its average volume of 59,731. The business's fifty day moving average price is $104.63 and its 200 day moving average price is $94.39. National Presto Industries, Inc. has a 52-week low of $69.80 and a 52-week high of $114.67. The stock has a market cap of $816.61 million, a price-to-earnings ratio of 19.59 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 EPS for the quarter. The firm 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%.

National Presto Industries 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.