Morgan Dempsey Capital Management LLC lowered its holdings in shares of National Presto Industries Inc. (NYSE:NPK) by 5.2% in the first quarter, HoldingsChannel.com reports. The firm owned 9,569 shares of the conglomerate’s stock after selling 522 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in National Presto Industries were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also modified their holdings of NPK. Janus Henderson Group PLC boosted its stake in National Presto Industries by 46.4% during the 1st quarter. Janus Henderson Group PLC now owns 216,138 shares of the conglomerate’s stock worth $23,462,000 after purchasing an additional 68,513 shares during the period. Norges Bank acquired a new stake in National Presto Industries during the 4th quarter worth $6,523,000. BlackRock Inc. boosted its stake in National Presto Industries by 2.3% during the 4th quarter. BlackRock Inc. now owns 1,060,653 shares of the conglomerate’s stock worth $124,013,000 after purchasing an additional 24,250 shares during the period. Citigroup Inc. boosted its stake in National Presto Industries by 379.9% during the 4th quarter. Citigroup Inc. now owns 17,390 shares of the conglomerate’s stock worth $2,033,000 after purchasing an additional 13,766 shares during the period. Finally, Vanguard Group Inc. boosted its stake in National Presto Industries by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 564,412 shares of the conglomerate’s stock worth $73,177,000 after purchasing an additional 13,163 shares during the period. Hedge funds and other institutional investors own 65.55% of the company’s stock.
NYSE:NPK traded down $0.45 during trading hours on Thursday, reaching $100.69. 1,100 shares of the company’s stock were exchanged, compared to its average volume of 83,135. The stock has a market cap of $707.55 million, a P/E ratio of 16.06 and a beta of 0.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 7.29 and a quick ratio of 4.93. National Presto Industries Inc. has a 1-year low of $99.24 and a 1-year high of $140.32.
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National Presto Industries Inc provides housewares and small appliances, and defense products primarily 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 single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers.
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