National Presto Industries, Inc. (NYSE:NPK) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its holdings in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202,000 shares of the conglomerate's stock after selling 28,599 shares during the quarter. Renaissance Technologies LLC owned approximately 2.85% of National Presto Industries worth $19,881,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. FMR LLC lifted its holdings in National Presto Industries by 1,362.1% during the third quarter. FMR LLC now owns 6,331 shares of the conglomerate's stock valued at $476,000 after purchasing an additional 5,898 shares in the last quarter. Barclays PLC lifted its stake in National Presto Industries by 301.6% in the 3rd quarter. Barclays PLC now owns 11,109 shares of the conglomerate's stock valued at $835,000 after buying an additional 8,343 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in National Presto Industries by 274.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,971 shares of the conglomerate's stock worth $981,000 after buying an additional 7,306 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of National Presto Industries by 55.1% in the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate's stock valued at $3,102,000 after acquiring an additional 14,663 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of National Presto Industries by 50.7% during the third quarter. Sanctuary Advisors LLC now owns 4,852 shares of the conglomerate's stock worth $382,000 after purchasing an additional 1,633 shares in the last quarter. Hedge funds and other institutional investors own 58.57% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of National Presto Industries from a "hold" rating to a "buy" rating in a research report on Tuesday, March 18th.

National Presto Industries Stock Performance

Shares of NPK stock traded down $0.44 during trading hours on Friday, reaching $83.37. The company had a trading volume of 22,750 shares, compared to its average volume of 40,844. National Presto Industries, Inc. has a 12-month low of $69.58 and a 12-month high of $103.93. The stock has a fifty day moving average of $91.22 and a 200-day moving average of $87.56. The company has a market capitalization of $595.49 million, a price-to-earnings ratio of 17.55 and a beta of 0.55.

National Presto Industries (NYSE:NPK - Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The conglomerate reported $2.91 earnings per share for the quarter. The firm had revenue of $134.69 million for the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%.

National Presto Industries Dividend Announcement

The company also recently declared an annual dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, March 4th were paid a dividend of $1.00 per share. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Tuesday, March 4th. National Presto Industries's dividend payout ratio (DPR) is 17.21%.

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.