SG Americas Securities LLC Buys Shares of 2,568 National Presto Industries, Inc. (NYSE:NPK)

SG Americas Securities LLC purchased a new position in National Presto Industries, Inc. (NYSE:NPK) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,568 shares of the conglomerate’s stock, valued at approximately $193,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Point72 DIFC Ltd lifted its position in National Presto Industries by 264.9% during the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate’s stock valued at $55,000 after purchasing an additional 535 shares during the period. Mather Group LLC. purchased a new stake in National Presto Industries during the 2nd quarter valued at $68,000. Central Pacific Bank Trust Division lifted its holdings in shares of National Presto Industries by 42.9% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate’s stock valued at $75,000 after buying an additional 300 shares during the period. EntryPoint Capital LLC purchased a new position in shares of National Presto Industries in the 1st quarter worth $152,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of National Presto Industries in the 1st quarter worth $210,000. 58.57% of the stock is owned by institutional investors.

National Presto Industries Stock Down 0.2 %

NYSE NPK opened at $74.18 on Thursday. The company has a 50-day moving average price of $74.33 and a 200-day moving average price of $75.95. National Presto Industries, Inc. has a 52 week low of $69.58 and a 52 week high of $86.08. The firm has a market capitalization of $526.53 million, a P/E ratio of 16.38 and a beta of 0.57.

National Presto Industries (NYSE:NPK) last announced its earnings results on Thursday, August 1st. The conglomerate reported $0.85 earnings per share (EPS) for the quarter. National Presto Industries had a net margin of 9.56% and a return on equity of 9.59%. The company had revenue of $85.06 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded National Presto Industries from a “hold” rating to a “buy” rating in a research report on Thursday, September 26th.

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.