National Presto Industries, Inc. (NYSE:NPK) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in National Presto Industries, Inc. (NYSE:NPK - Free Report) by 55.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,277 shares of the conglomerate's stock after purchasing an additional 14,663 shares during the period. JPMorgan Chase & Co. owned 0.58% of National Presto Industries worth $3,102,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of National Presto Industries in the 3rd quarter worth approximately $75,000. Sanctuary Advisors LLC lifted its stake in National Presto Industries by 50.7% during the third quarter. Sanctuary Advisors LLC now owns 4,852 shares of the conglomerate's stock worth $382,000 after purchasing an additional 1,633 shares during the last quarter. Barclays PLC boosted its holdings in 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 purchasing an additional 8,343 shares during the period. Geode Capital Management LLC increased its stake in National Presto Industries by 2.3% during the third quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate's stock valued at $9,255,000 after purchasing an additional 2,827 shares during the last quarter. Finally, Wallace Capital Management Inc. raised its holdings in shares of National Presto Industries by 1.8% during the third quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate's stock worth $2,730,000 after purchasing an additional 625 shares during the period. 58.57% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

National Presto Industries Price Performance

NYSE:NPK traded up $0.62 during midday trading on Monday, reaching $97.50. 30,292 shares of the company traded hands, compared to its average volume of 42,040. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $99.07. The company has a fifty day moving average price of $88.84 and a 200 day moving average price of $79.46. The firm has a market capitalization of $692.21 million, a price-to-earnings ratio of 20.53 and a beta of 0.54.

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.