Ieq Capital LLC Takes Position in National Presto Industries, Inc. (NYSE:NPK)

Ieq Capital LLC bought a new position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,735 shares of the conglomerate's stock, valued at approximately $466,000. Ieq Capital LLC owned about 0.07% of National Presto Industries at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC increased its stake in shares of National Presto Industries by 6.6% in the third quarter. HighTower Advisors LLC now owns 5,175 shares of the conglomerate's stock valued at $398,000 after buying an additional 321 shares during the period. Martingale Asset Management L P boosted its holdings in National Presto Industries by 6.3% in the third quarter. Martingale Asset Management L P now owns 8,715 shares of the conglomerate's stock valued at $655,000 after acquiring an additional 520 shares during the last quarter. Wallace Capital Management Inc. increased its position in National Presto Industries by 1.8% during the 3rd quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate's stock valued at $2,730,000 after purchasing an additional 625 shares during the period. Principal Financial Group Inc. raised its holdings in National Presto Industries by 2.8% during the 4th quarter. Principal Financial Group Inc. now owns 24,785 shares of the conglomerate's stock worth $2,439,000 after purchasing an additional 673 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of National Presto Industries in the 4th quarter worth approximately $79,000. Institutional investors own 58.57% of the company's stock.

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Wall Street Analysts Forecast Growth

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

National Presto Industries Trading Up 0.3 %

NYSE NPK traded up $0.30 during trading hours on Friday, hitting $101.85. 32,184 shares of the company's stock were exchanged, compared to its average volume of 35,420. The firm has a market cap of $723.10 million, a price-to-earnings ratio of 21.44 and a beta of 0.53. The stock has a 50-day simple moving average of $97.83 and a 200 day simple moving average of $84.49. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $103.93.

National Presto Industries Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, March 17th. Shareholders of record on Tuesday, March 4th will be issued a $1.00 dividend. This represents a yield of 1%. The ex-dividend date is Tuesday, March 4th. National Presto Industries's payout ratio is 21.05%.

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.