JPMorgan Chase & Co. Has $4.44 Million Holdings in National Presto Industries, Inc. (NYSE:NPK)

JPMorgan Chase & Co. increased its position in National Presto Industries, Inc. (NYSE:NPK - Free Report) by 9.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,069 shares of the conglomerate's stock after acquiring an additional 3,792 shares during the quarter. JPMorgan Chase & Co. owned about 0.63% of National Presto Industries worth $4,436,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Brandes Investment Partners LP lifted its position in National Presto Industries by 23.4% in the fourth quarter. Brandes Investment Partners LP now owns 156,040 shares of the conglomerate's stock worth $15,357,000 after purchasing an additional 29,577 shares during the period. Vanguard Group Inc. grew its stake in shares of National Presto Industries by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate's stock valued at $35,901,000 after purchasing an additional 26,987 shares during the period. LPL Financial LLC acquired a new stake in National Presto Industries in the 4th quarter valued at $2,092,000. Barclays PLC grew its holdings in shares of National Presto Industries by 301.6% in the 3rd 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 last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of National Presto Industries by 274.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,971 shares of the conglomerate's stock worth $981,000 after purchasing an additional 7,306 shares in the last quarter. Institutional investors and hedge funds own 58.57% of the company's stock.

National Presto Industries Stock Up 0.8 %

National Presto Industries stock traded up $0.70 during midday trading on Thursday, hitting $84.49. 2,535 shares of the stock were exchanged, compared to its average volume of 40,760. The company has a fifty day simple moving average of $90.09 and a two-hundred day simple moving average of $87.84. National Presto Industries, Inc. has a 52 week low of $69.58 and a 52 week high of $103.93. The stock has a market capitalization of $603.56 million, a PE ratio of 17.78 and a beta of 0.55.

National Presto Industries (NYSE:NPK - Get Free Report) last released its quarterly earnings data on Friday, March 14th. The conglomerate reported $2.91 earnings per share for the quarter. National Presto Industries had a net margin of 9.63% and a return on equity of 9.88%. The business had revenue of $134.69 million for the quarter.

National Presto Industries Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, March 4th were given a $1.00 dividend. This represents a dividend yield of 1%. The ex-dividend date was Tuesday, March 4th. National Presto Industries's dividend payout ratio is presently 17.21%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of National Presto Industries from a "hold" rating to a "buy" rating in a research report on Tuesday, March 18th.

National Presto Industries Company 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.