3,600 Shares in National Presto Industries, Inc. (NYSE:NPK) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,600 shares of the conglomerate's stock, valued at approximately $316,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of National Presto Industries at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC raised its holdings in shares of National Presto Industries by 60.5% in the 1st quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 127 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of National Presto Industries by 79.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,472 shares of the conglomerate's stock valued at $1,424,000 after purchasing an additional 6,402 shares in the last quarter. Ameriprise Financial Inc. raised its stake in National Presto Industries by 14.9% during the 4th quarter. Ameriprise Financial Inc. now owns 38,031 shares of the conglomerate's stock worth $3,743,000 after acquiring an additional 4,928 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in National Presto Industries during the 4th quarter worth $308,000. Institutional investors and hedge funds own 58.57% of the company's stock.

Wall Street Analysts Forecast Growth

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

National Presto Industries Stock Up 2.0%

Shares of NYSE:NPK traded up $1.93 during trading on Tuesday, reaching $98.96. The stock had a trading volume of 49,799 shares, compared to its average volume of 117,699. National Presto Industries, Inc. has a fifty-two week low of $69.80 and a fifty-two week high of $110.82. The business has a fifty day moving average price of $97.94 and a 200-day moving average price of $92.97. The stock has a market cap of $707.56 million, a P/E ratio of 16.60 and a beta of 0.51.

National Presto Industries (NYSE:NPK - Get Free Report) last issued 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 10.24% and a return on equity of 11.97%. The firm had revenue of $103.64 million during 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.