Sentinel Pension Advisors LLC Makes New $656,000 Investment in NAPCO Security Technologies, Inc. $NSSC

Key Points

• Sentinel Pension Advisors LLC invested $656,000 in NAPCO Security Technologies, acquiring 22,084 shares during the second quarter, representing a 0.06% ownership in the company.
• NAPCO Security Technologies reported quarterly earnings of $0.33 EPS, surpassing estimates, with a revenue of $50.72 million, a 0.8% increase compared to the previous year.
• The company announced a quarterly dividend of $0.14 per share, with a yield of 1.3%, set to be paid on October 3rd to shareholders of record as of September 12th.

Sentinel Pension Advisors LLC acquired a new position in shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,084 shares of the industrial products company's stock, valued at approximately $656,000. Sentinel Pension Advisors LLC owned 0.06% of NAPCO Security Technologies as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NSSC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of NAPCO Security Technologies by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,014 shares of the industrial products company's stock valued at $712,000 after purchasing an additional 751 shares in the last quarter. GAMMA Investing LLC increased its stake in NAPCO Security Technologies by 227.2% during the 1st quarter. GAMMA Investing LLC now owns 1,106 shares of the industrial products company's stock worth $25,000 after acquiring an additional 768 shares during the period. Rhumbline Advisers increased its stake in NAPCO Security Technologies by 1.8% during the 1st quarter. Rhumbline Advisers now owns 50,446 shares of the industrial products company's stock worth $1,161,000 after acquiring an additional 879 shares during the period. Farther Finance Advisors LLC increased its stake in shares of NAPCO Security Technologies by 35.4% in the 1st quarter. Farther Finance Advisors LLC now owns 3,832 shares of the industrial products company's stock valued at $87,000 after purchasing an additional 1,002 shares during the last quarter. Finally, GSA Capital Partners LLP increased its stake in shares of NAPCO Security Technologies by 3.4% in the 1st quarter. GSA Capital Partners LLP now owns 35,965 shares of the industrial products company's stock valued at $828,000 after purchasing an additional 1,186 shares during the last quarter. 85.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NSSC has been the topic of a number of research reports. DA Davidson boosted their price objective on NAPCO Security Technologies from $33.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Needham & Company LLC boosted their price objective on NAPCO Security Technologies from $32.00 to $36.00 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Lake Street Capital upgraded NAPCO Security Technologies from a "hold" rating to a "buy" rating and upped their price objective for the company from $26.00 to $39.00 in a research note on Tuesday, August 26th. Wall Street Zen upgraded NAPCO Security Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Finally, Zacks Research upgraded NAPCO Security Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, NAPCO Security Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $37.67.

NAPCO Security Technologies Stock Performance

Shares of NSSC traded down $0.20 on Monday, hitting $42.43. 361,759 shares of the stock traded hands, compared to its average volume of 602,964. The company has a market capitalization of $1.51 billion, a PE ratio of 35.66 and a beta of 1.51. The business has a 50 day simple moving average of $34.53 and a 200 day simple moving average of $28.91. NAPCO Security Technologies, Inc. has a one year low of $19.00 and a one year high of $44.24.

NAPCO Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its earnings results on Monday, August 25th. The industrial products company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.07. NAPCO Security Technologies had a net margin of 23.90% and a return on equity of 25.42%. The business had revenue of $50.72 million during the quarter, compared to the consensus estimate of $44.26 million. During the same quarter in the previous year, the firm posted $0.39 EPS. The firm's revenue was up .8% on a year-over-year basis. On average, equities analysts expect that NAPCO Security Technologies, Inc. will post 1.24 earnings per share for the current year.

NAPCO Security Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 3rd. Investors of record on Friday, September 12th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, September 12th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.3%. NAPCO Security Technologies's payout ratio is 47.06%.

NAPCO Security Technologies Company Profile

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.