UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.42 Million Holdings in National Presto Industries, Inc. (NYSE:NPK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 79.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,472 shares of the conglomerate's stock after acquiring an additional 6,402 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of National Presto Industries worth $1,424,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Two Sigma Advisers LP lifted its position in National Presto Industries by 38.5% during the 4th quarter. Two Sigma Advisers LP now owns 6,117 shares of the conglomerate's stock worth $602,000 after acquiring an additional 1,700 shares during the last quarter. Two Sigma Investments LP increased its stake 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 worth $1,055,000 after purchasing an additional 505 shares during the period. Numerai GP LLC lifted its position in shares of National Presto Industries by 7.0% during the 4th quarter. Numerai GP LLC now owns 13,744 shares of the conglomerate's stock worth $1,353,000 after purchasing an additional 903 shares during the last quarter. Occudo Quantitative Strategies LP boosted its stake in National Presto Industries by 4.7% during the 4th quarter. Occudo Quantitative Strategies LP now owns 3,555 shares of the conglomerate's stock valued at $350,000 after purchasing an additional 161 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in National Presto Industries by 20.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,931 shares of the conglomerate's stock valued at $1,568,000 after purchasing an additional 2,709 shares during the period. Institutional investors and hedge funds own 58.57% of the company's stock.

Analysts Set New Price Targets

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

National Presto Industries Stock Performance

Shares of NPK stock opened at $87.71 on Monday. The firm has a fifty day moving average of $84.59 and a 200-day moving average of $90.41. The stock has a market cap of $626.86 million, a price-to-earnings ratio of 18.47 and a beta of 0.46. National Presto Industries, Inc. has a 52-week low of $69.58 and a 52-week high of $103.93.

National Presto Industries (NYSE:NPK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share for the quarter. National Presto Industries had a net margin of 9.63% and a return on equity of 9.88%. The firm had revenue of $103.64 million for the quarter.

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.

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