Faithward Advisors LLC Has $935,000 Stock Position in National Presto Industries, Inc. (NYSE:NPK)

Faithward Advisors LLC raised its holdings in National Presto Industries, Inc. (NYSE:NPK) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,503 shares of the conglomerate’s stock after purchasing an additional 355 shares during the quarter. Faithward Advisors LLC’s holdings in National Presto Industries were worth $935,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in National Presto Industries by 50.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate’s stock valued at $36,000 after buying an additional 121 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of National Presto Industries in the 4th quarter valued at approximately $79,000. Wilmington Savings Fund Society FSB bought a new stake in shares of National Presto Industries during the 3rd quarter valued at approximately $75,000. 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. bought a new position in National Presto Industries in the 4th quarter valued at approximately $243,000. Institutional investors and hedge funds own 58.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of National Presto Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, March 18th.

National Presto Industries Stock Down 0.4 %

Shares of NPK stock opened at $82.12 on Tuesday. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $103.93. The stock’s fifty day simple moving average is $93.83 and its 200 day simple moving average is $87.17. The firm has a market capitalization of $586.58 million, a P/E ratio of 17.29 and a beta of 0.55.

National Presto Industries (NYSE:NPK) last released its quarterly earnings results on Friday, March 14th. The conglomerate reported $2.91 earnings per share 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 Dividend Announcement

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