Fortis Group Advisors LLC Takes $249,000 Position in National Presto Industries, Inc. (NYSE:NPK)

Fortis Group Advisors LLC purchased a new stake in National Presto Industries, Inc. (NYSE:NPK - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,529 shares of the conglomerate's stock, valued at approximately $249,000.

A number of other large investors have also made changes to their positions in the stock. FMR LLC boosted its stake in shares of National Presto Industries by 1,362.1% during the 3rd quarter. FMR LLC now owns 6,331 shares of the conglomerate's stock worth $476,000 after purchasing an additional 5,898 shares during the last quarter. Barclays PLC boosted its position in shares of National Presto Industries by 301.6% in the third quarter. Barclays PLC now owns 11,109 shares of the conglomerate's stock worth $835,000 after acquiring an additional 8,343 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of National Presto Industries by 55.1% in the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate's stock worth $3,102,000 after acquiring an additional 14,663 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of National Presto Industries by 50.7% in the third quarter. Sanctuary Advisors LLC now owns 4,852 shares of the conglomerate's stock worth $382,000 after acquiring an additional 1,633 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of National Presto Industries by 7,414.0% in the third quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate's stock worth $1,694,000 after acquiring an additional 22,242 shares during the last quarter. Hedge funds and other institutional investors own 58.57% of the company's stock.

National Presto Industries Stock Down 1.4 %

Shares of NPK traded down $1.42 during mid-day trading on Friday, hitting $98.89. The company had a trading volume of 55,467 shares, compared to its average volume of 35,084. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $102.54. The business's 50-day simple moving average is $96.83 and its 200-day simple moving average is $83.21. The stock has a market cap of $702.13 million, a PE ratio of 20.82 and a beta of 0.53.

Analyst Ratings Changes

Separately, StockNews.com cut shares of National Presto Industries from a "buy" rating to a "hold" rating in a research report on Tuesday, December 3rd.

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.