Copeland Capital Management LLC Has $42 Million Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Copeland Capital Management LLC grew its stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 108.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,038,128 shares of the industrial products company's stock after purchasing an additional 540,436 shares during the period. Copeland Capital Management LLC owned approximately 2.82% of Napco Security Technologies worth $42,003,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NSSC. Vanguard Group Inc. lifted its position in shares of Napco Security Technologies by 4.2% in the first quarter. Vanguard Group Inc. now owns 2,556,134 shares of the industrial products company's stock valued at $102,654,000 after acquiring an additional 102,010 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Napco Security Technologies by 168.9% during the fourth quarter. Wellington Management Group LLP now owns 691,148 shares of the industrial products company's stock valued at $23,672,000 after buying an additional 434,164 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in Napco Security Technologies in the 2nd quarter worth approximately $31,504,000. Emerald Advisers LLC raised its holdings in Napco Security Technologies by 118.3% in the 2nd quarter. Emerald Advisers LLC now owns 488,583 shares of the industrial products company's stock valued at $25,382,000 after acquiring an additional 264,789 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust lifted its stake in shares of Napco Security Technologies by 170.8% during the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 399,936 shares of the industrial products company's stock worth $20,777,000 after purchasing an additional 252,252 shares during the period. Institutional investors and hedge funds own 85.07% of the company's stock.

Napco Security Technologies Price Performance

Shares of NSSC stock traded down $0.89 on Tuesday, hitting $40.38. The company's stock had a trading volume of 163,967 shares, compared to its average volume of 451,686. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 32.32 and a beta of 1.64. Napco Security Technologies, Inc. has a fifty-two week low of $17.76 and a fifty-two week high of $58.09. The firm's fifty day moving average price is $43.27 and its 200-day moving average price is $46.92.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last released its earnings results on Monday, August 26th. The industrial products company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm had revenue of $50.33 million during the quarter, compared to analysts' expectations of $50.18 million. Napco Security Technologies had a net margin of 26.38% and a return on equity of 30.51%. During the same period in the prior year, the company earned $0.28 EPS. Analysts predict that Napco Security Technologies, Inc. will post 1.85 EPS for the current fiscal year.

Napco Security Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th were paid a $0.125 dividend. The ex-dividend date was Thursday, September 12th. This is a positive change from Napco Security Technologies's previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.24%. Napco Security Technologies's dividend payout ratio (DPR) is 39.68%.

Insider Transactions at Napco Security Technologies

In other news, Director Paul Stephen Beeber sold 708 shares of the business's stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $37.12, for a total transaction of $26,280.96. Following the completion of the sale, the director now owns 2,681 shares in the company, valued at $99,518.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 11.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NSSC. DA Davidson raised their target price on shares of Napco Security Technologies from $53.00 to $55.00 and gave the stock a "buy" rating in a research report on Tuesday, August 27th. Needham & Company LLC boosted their price objective on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a "buy" rating in a research note on Tuesday, August 27th. Finally, Lake Street Capital reissued a "buy" rating and issued a $60.00 target price on shares of Napco Security Technologies in a research note on Tuesday, September 17th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $55.29.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.