SG Americas Securities LLC Grows Stock Position in National Presto Industries, Inc. $NPK

SG Americas Securities LLC grew its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 368.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,728 shares of the conglomerate’s stock after buying an additional 4,505 shares during the period. SG Americas Securities LLC owned 0.08% of National Presto Industries worth $561,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC lifted its holdings in National Presto Industries by 2.0% during the second quarter. Exchange Traded Concepts LLC now owns 8,735 shares of the conglomerate’s stock valued at $856,000 after purchasing an additional 168 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in National Presto Industries by 8.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 3,059 shares of the conglomerate’s stock worth $298,000 after buying an additional 226 shares during the period. Royal Bank of Canada boosted its holdings in National Presto Industries by 6.9% in the 1st quarter. Royal Bank of Canada now owns 6,400 shares of the conglomerate’s stock worth $563,000 after buying an additional 414 shares during the period. Gabelli Funds LLC grew its stake in National Presto Industries by 1.8% in the 1st quarter. Gabelli Funds LLC now owns 25,750 shares of the conglomerate’s stock valued at $2,264,000 after buying an additional 450 shares in the last quarter. Finally, AlphaQuest LLC raised its holdings in National Presto Industries by 49.5% during the 1st quarter. AlphaQuest LLC now owns 1,501 shares of the conglomerate’s stock valued at $132,000 after acquiring an additional 497 shares during the period. 58.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of National Presto Industries in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

National Presto Industries Stock Performance

National Presto Industries stock opened at $93.71 on Thursday. The stock has a market cap of $670.19 million, a P/E ratio of 16.07 and a beta of 0.49. National Presto Industries, Inc. has a fifty-two week low of $77.63 and a fifty-two week high of $120.49. The firm’s fifty day moving average price is $107.19 and its 200-day moving average price is $102.11.

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.