Vanguard Group Inc. Purchases 26,987 Shares of National Presto Industries, Inc. (NYSE:NPK)

Vanguard Group Inc. grew its position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 364,775 shares of the conglomerate's stock after buying an additional 26,987 shares during the period. Vanguard Group Inc. owned approximately 5.14% of National Presto Industries worth $35,901,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC lifted its position in shares of National Presto Industries by 1,362.1% during the 3rd quarter. FMR LLC now owns 6,331 shares of the conglomerate's stock valued at $476,000 after acquiring an additional 5,898 shares during the period. HighTower Advisors LLC increased its holdings in National Presto Industries by 6.6% in the 3rd quarter. HighTower Advisors LLC now owns 5,175 shares of the conglomerate's stock valued at $398,000 after buying an additional 321 shares during the period. Barclays PLC raised its position in shares of 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. Geode Capital Management LLC lifted its holdings in shares of National Presto Industries by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate's stock worth $9,255,000 after acquiring an additional 2,827 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in National Presto Industries by 50.7% in the third quarter. Sanctuary Advisors LLC now owns 4,852 shares of the conglomerate's stock valued at $382,000 after acquiring an additional 1,633 shares during the last quarter. Institutional investors and hedge funds own 58.57% of the company's stock.

Analyst Ratings Changes

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 Performance

Shares of NPK stock traded down $0.44 on Friday, hitting $83.37. The company had a trading volume of 22,750 shares, compared to its average volume of 40,877. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $103.93. The stock's 50-day moving average is $90.97 and its two-hundred day moving average is $87.62. The firm has a market cap of $595.49 million, a P/E ratio of 17.55 and a beta of 0.55.

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

National Presto Industries Announces Dividend

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