Susquehanna Fundamental Investments LLC Takes $512,000 Position in National Presto Industries, Inc. (NYSE:NPK)

Susquehanna Fundamental Investments LLC acquired a new position in National Presto Industries, Inc. (NYSE:NPK - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,206 shares of the conglomerate's stock, valued at approximately $512,000. Susquehanna Fundamental Investments LLC owned approximately 0.07% of National Presto Industries at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its position in National Presto Industries by 50.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate's stock valued at $36,000 after purchasing an additional 121 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in National Presto Industries in the 3rd quarter worth approximately $75,000. Newbridge Financial Services Group Inc. acquired a new position in National Presto Industries during the fourth quarter worth approximately $79,000. US Bancorp DE increased its position in 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 purchasing an additional 168 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in shares of National Presto Industries during the 4th quarter valued at about $243,000. Institutional investors and hedge funds own 58.57% of the company's stock.

Analyst Upgrades and Downgrades

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

National Presto Industries Stock Down 0.5 %

Shares of National Presto Industries stock traded down $0.39 on Tuesday, hitting $81.48. 38,127 shares of the company traded hands, compared to its average volume of 41,081. The company has a 50-day moving average price of $87.08 and a 200 day moving average price of $88.68. National Presto Industries, Inc. has a 12-month low of $69.58 and a 12-month high of $103.93. The company has a market cap of $582.07 million, a PE ratio of 17.15 and a beta of 0.49.

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

National Presto Industries Announces Dividend

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

National Presto Industries Company 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.