XTX Topco Ltd Makes New Investment in National Presto Industries, Inc. (NYSE:NPK)

XTX Topco Ltd purchased a new position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,314 shares of the conglomerate's stock, valued at approximately $523,000. XTX Topco Ltd owned about 0.07% of National Presto Industries as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NPK. Barclays PLC lifted its position in National Presto Industries by 301.6% in the third quarter. Barclays PLC now owns 11,109 shares of the conglomerate's stock valued at $835,000 after purchasing an additional 8,343 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of National Presto Industries by 274.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,971 shares of the conglomerate's stock valued at $981,000 after purchasing an additional 7,306 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of National Presto Industries by 55.1% in the third quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate's stock valued at $3,102,000 after purchasing an additional 14,663 shares during the period. Sanctuary Advisors LLC boosted its holdings 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 buying an additional 1,633 shares in the last quarter. Finally, Fortis Group Advisors LLC acquired a new position in National Presto Industries during the fourth quarter worth about $249,000. Institutional investors and hedge funds own 58.57% of the company's stock.

National Presto Industries Trading Up 0.1 %

Shares of NPK stock traded up $0.08 during mid-day trading on Friday, reaching $84.05. The stock had a trading volume of 9,810 shares, compared to its average volume of 40,818. The business has a 50-day simple moving average of $89.79 and a 200 day simple moving average of $87.93. National Presto Industries, Inc. has a 12-month low of $69.58 and a 12-month high of $103.93. The company has a market cap of $600.42 million, a P/E ratio of 17.69 and a beta of 0.55.

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

National Presto Industries Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, March 4th were issued a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a yield of 1%. National Presto Industries's dividend payout ratio is currently 17.21%.

Analysts Set New Price Targets

Separately, StockNews.com raised National Presto Industries from a "hold" rating to a "buy" rating in a research note on Tuesday, March 18th.

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.