State Street Corp Sells 19,355 Shares of National Presto Industries, Inc. (NYSE:NPK)

State Street Corp trimmed its holdings in National Presto Industries, Inc. (NYSE:NPK - Free Report) by 6.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 271,808 shares of the conglomerate's stock after selling 19,355 shares during the quarter. State Street Corp owned 3.83% of National Presto Industries worth $20,424,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. nVerses Capital LLC purchased a new position in National Presto Industries in the 3rd quarter worth approximately $30,000. Point72 DIFC Ltd increased its stake in shares of National Presto Industries by 264.9% in the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate's stock worth $55,000 after buying an additional 535 shares during the period. Central Pacific Bank Trust Division raised its holdings in National Presto Industries by 42.9% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate's stock valued at $75,000 after buying an additional 300 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its position in National Presto Industries by 190.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate's stock valued at $111,000 after buying an additional 973 shares during the period. Finally, SG Americas Securities LLC bought a new stake in National Presto Industries in the 3rd quarter worth $193,000. 58.57% of the stock is currently owned by institutional investors.

National Presto Industries Trading Up 1.8 %

NYSE NPK traded up $1.69 on Tuesday, hitting $95.69. The company's stock had a trading volume of 31,296 shares, compared to its average volume of 39,808. National Presto Industries, Inc. has a 52-week low of $69.58 and a 52-week high of $96.32. The firm has a market cap of $679.40 million, a P/E ratio of 20.15 and a beta of 0.59. The company's 50-day simple moving average is $80.83 and its 200 day simple moving average is $76.52.

Analysts Set New Price Targets

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 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.