HighTower Advisors LLC Acquires 321 Shares of National Presto Industries, Inc. (NYSE:NPK)

HighTower Advisors LLC grew its holdings in National Presto Industries, Inc. (NYSE:NPK) by 6.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,175 shares of the conglomerate’s stock after acquiring an additional 321 shares during the period. HighTower Advisors LLC’s holdings in National Presto Industries were worth $398,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. nVerses Capital LLC acquired a new stake in shares of National Presto Industries in the 3rd quarter valued at $30,000. Point72 DIFC Ltd lifted its position in shares of National Presto Industries by 264.9% in the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate’s stock worth $55,000 after buying an additional 535 shares during the last quarter. Central Pacific Bank Trust Division lifted its position in shares of National Presto Industries by 42.9% in the third quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate’s stock worth $75,000 after buying an additional 300 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of National Presto Industries by 190.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate’s stock worth $111,000 after acquiring an additional 973 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of National Presto Industries during the 3rd quarter valued at about $193,000. Institutional investors and hedge funds own 58.57% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered National Presto Industries from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd.

National Presto Industries Trading Up 0.8 %

Shares of National Presto Industries stock opened at $93.45 on Monday. The firm has a fifty day simple moving average of $79.94 and a 200-day simple moving average of $76.22. The stock has a market capitalization of $663.50 million, a price-to-earnings ratio of 19.67 and a beta of 0.59. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $93.81.

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.