Louisiana State Employees Retirement System Takes Position in National Presto Industries, Inc. (NYSE:NPK)

Louisiana State Employees Retirement System acquired a new stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,500 shares of the conglomerate's stock, valued at approximately $246,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its stake in National Presto Industries by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate's stock valued at $9,255,000 after acquiring an additional 2,827 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of National Presto Industries by 4.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate's stock worth $6,091,000 after purchasing an additional 3,500 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of National Presto Industries by 55.1% during the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate's stock worth $3,102,000 after purchasing an additional 14,663 shares during the period. 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. Finally, Exchange Traded Concepts LLC raised its holdings in shares of National Presto Industries by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 23,921 shares of the conglomerate's stock worth $2,354,000 after purchasing an additional 979 shares during the period. 58.57% of the stock is currently owned by institutional investors.

National Presto Industries Stock Down 1.8 %

Shares of NYSE:NPK traded down $1.82 on Friday, reaching $98.49. 20,489 shares of the company's stock were exchanged, compared to its average volume of 34,018. The firm has a market capitalization of $699.28 million, a price-to-earnings ratio of 20.80 and a beta of 0.53. National Presto Industries, Inc. has a fifty-two week low of $69.58 and a fifty-two week high of $102.54. The business's 50-day moving average is $96.83 and its two-hundred day moving average is $83.21.

Analyst Upgrades and Downgrades

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

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.