Gamco Investors INC. ET AL Sells 7,389 Shares of National Presto Industries, Inc. $NPK

Gamco Investors INC. ET AL reduced its holdings in National Presto Industries, Inc. (NYSE:NPK) by 7.7% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,430 shares of the conglomerate’s stock after selling 7,389 shares during the quarter. Gamco Investors INC. ET AL owned 1.24% of National Presto Industries worth $12,120,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of National Presto Industries by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 373,845 shares of the conglomerate’s stock valued at $41,927,000 after purchasing an additional 11,769 shares in the last quarter. State Street Corp lifted its stake in shares of National Presto Industries by 7.0% in the 4th quarter. State Street Corp now owns 348,255 shares of the conglomerate’s stock valued at $37,180,000 after acquiring an additional 22,745 shares during the last quarter. Medina Value Partners LLC boosted its holdings in National Presto Industries by 1.6% during the 4th quarter. Medina Value Partners LLC now owns 212,246 shares of the conglomerate’s stock valued at $22,659,000 after acquiring an additional 3,360 shares during the period. Geode Capital Management LLC raised its stake in shares of National Presto Industries by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 137,752 shares of the conglomerate’s stock valued at $14,709,000 after acquiring an additional 1,544 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of National Presto Industries by 18.7% during the fourth quarter. Invesco Ltd. now owns 78,808 shares of the conglomerate’s stock worth $8,414,000 after purchasing an additional 12,436 shares during the period. 58.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of National Presto Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Buy rating, According to MarketBeat, National Presto Industries currently has a consensus rating of “Buy”.

National Presto Industries Stock Performance

NYSE NPK opened at $124.66 on Friday. National Presto Industries, Inc. has a fifty-two week low of $91.28 and a fifty-two week high of $149.85. The business’s fifty day moving average is $127.74 and its 200 day moving average is $130.80. The company has a market capitalization of $893.78 million, a PE ratio of 27.76 and a beta of 0.41.

National Presto Industries (NYSE:NPK) last released its quarterly earnings data on Friday, May 15th. The conglomerate reported $0.93 earnings per share (EPS) for the quarter. National Presto Industries had a net margin of 6.19% and a return on equity of 8.32%. The firm had revenue of $118.65 million for the quarter.

About National Presto Industries

National Presto Industries, Inc is an American diversified manufacturer headquartered in Eau Claire, Wisconsin. The company operates primarily through three business segments—Housewares/Small Appliances, Defense Products, and Safety—which together supply a range of consumer and industrial markets. Founded in 1905, National Presto Industries has built a reputation for durable, user-friendly products marketed under the Presto and National Presto brands.

In its Housewares/Small Appliances segment, National Presto offers a variety of kitchen products designed to simplify home cooking and meal preparation.