Royce & Associates LP Sells 3,133 Shares of National Presto Industries, Inc. (NYSE:NPK)

Royce & Associates LP lowered its stake in shares of National Presto Industries, Inc. (NYSE:NPK) by 27.3% in the third quarter, Holdings Channel reports. The institutional investor owned 8,353 shares of the conglomerate’s stock after selling 3,133 shares during the period. Royce & Associates LP’s holdings in National Presto Industries were worth $628,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Renaissance Technologies LLC increased its stake in shares of National Presto Industries by 30.3% in the second quarter. Renaissance Technologies LLC now owns 246,700 shares of the conglomerate’s stock valued at $18,535,000 after buying an additional 57,300 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of National Presto Industries by 7,414.0% in the 3rd quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock valued at $1,694,000 after buying an additional 22,242 shares during the period. Gamco Investors INC. ET AL increased its holdings in shares of National Presto Industries by 77.5% in the first quarter. Gamco Investors INC. ET AL now owns 47,565 shares of the conglomerate’s stock worth $3,986,000 after acquiring an additional 20,765 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in National Presto Industries by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 344,347 shares of the conglomerate’s stock worth $25,871,000 after buying an additional 16,288 shares during the period. Finally, Quadrature Capital Ltd increased its position in shares of National Presto Industries by 230.2% during the first quarter. Quadrature Capital Ltd now owns 8,243 shares of the conglomerate’s stock worth $691,000 after acquiring an additional 5,747 shares in the last quarter. 58.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

National Presto Industries Price Performance

NPK stock opened at $75.55 on Thursday. National Presto Industries, Inc. has a fifty-two week low of $69.58 and a fifty-two week high of $86.08. The stock has a market capitalization of $536.41 million, a price-to-earnings ratio of 15.91 and a beta of 0.57. The business’s fifty day moving average price is $74.42 and its two-hundred day moving average price is $75.05.

National Presto Industries 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.