National Presto Industries, Inc. (NYSE:NPK) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 79.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,472 shares of the conglomerate's stock after acquiring an additional 6,402 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.20% of National Presto Industries worth $1,424,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Algert Global LLC lifted its stake in shares of National Presto Industries by 0.5% in the fourth quarter. Algert Global LLC now owns 21,337 shares of the conglomerate's stock valued at $2,100,000 after purchasing an additional 103 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of National Presto Industries by 50.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate's stock valued at $36,000 after acquiring an additional 121 shares during the period. Occudo Quantitative Strategies LP lifted its position in shares of 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 acquiring an additional 161 shares during the period. US Bancorp DE boosted its stake in shares of National Presto Industries by 11.6% during the 4th quarter. US Bancorp DE now owns 1,616 shares of the conglomerate's stock worth $159,000 after acquiring an additional 168 shares in the last quarter. Finally, Martingale Asset Management L P grew its holdings in shares of National Presto Industries by 2.3% in the 4th quarter. Martingale Asset Management L P now owns 8,915 shares of the conglomerate's stock worth $877,000 after acquiring an additional 200 shares during the period. 58.57% of the stock is currently owned by hedge funds and other institutional investors.

National Presto Industries Stock Down 0.8%

Shares of National Presto Industries stock traded down $0.76 on Thursday, hitting $95.81. The company's stock had a trading volume of 33,623 shares, compared to its average volume of 41,288. The company has a market capitalization of $684.75 million, a P/E ratio of 20.17 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. The firm has a fifty day moving average price of $85.30 and a 200-day moving average price of $90.62.

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

Analysts Set New Price Targets

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

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.