Teacher Retirement System of Texas Sells 5,146 Shares of National Presto Industries, Inc. (NYSE:NPK)

Teacher Retirement System of Texas cut its holdings in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 42.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,958 shares of the conglomerate's stock after selling 5,146 shares during the quarter. Teacher Retirement System of Texas owned 0.10% of National Presto Industries worth $612,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in NPK. Allspring Global Investments Holdings LLC lifted its stake in shares of National Presto Industries by 45.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 14,527 shares of the conglomerate's stock valued at $1,277,000 after purchasing an additional 4,556 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of National Presto Industries by 60.5% in the first quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate's stock worth $30,000 after acquiring an additional 127 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in National Presto Industries by 79.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,472 shares of the conglomerate's stock worth $1,424,000 after buying an additional 6,402 shares in the last quarter. Two Sigma Advisers LP increased its stake in National Presto Industries by 38.5% during the fourth quarter. Two Sigma Advisers LP now owns 6,117 shares of the conglomerate's stock valued at $602,000 after acquiring an additional 1,700 shares during the period. Finally, Two Sigma Investments LP increased its holdings in shares of National Presto Industries by 4.9% in the fourth quarter. Two Sigma Investments LP now owns 10,720 shares of the conglomerate's stock valued at $1,055,000 after purchasing an additional 505 shares in the last quarter. Institutional investors and hedge funds own 58.57% of the company's stock.

National Presto Industries Stock Performance

Shares of NPK stock traded up $1.69 during midday trading on Thursday, hitting $109.59. 28,658 shares of the company were exchanged, compared to its average volume of 50,609. The firm has a market capitalization of $783.20 million, a P/E ratio of 18.38 and a beta of 0.50. National Presto Industries, Inc. has a 52 week low of $69.80 and a 52 week high of $110.14. The firm's 50 day moving average price is $93.50 and its two-hundred day moving average price is $92.55.

National Presto Industries (NYSE:NPK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share (EPS) for the quarter. National Presto Industries had a net margin of 10.24% and a return on equity of 11.97%. The firm had revenue of $103.64 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of National Presto Industries from a "buy" rating to a "hold" rating in a report on Monday, May 12th.

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.