XTX Topco Ltd Purchases Shares of 5,314 National Presto Industries, Inc. (NYSE:NPK)

XTX Topco Ltd acquired a new position in shares of National Presto Industries, Inc. (NYSE:NPK) in the 4th quarter, Holdings Channel reports. The fund acquired 5,314 shares of the conglomerate’s stock, valued at approximately $523,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. grew its stake in National Presto Industries by 50.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate’s stock worth $36,000 after buying an additional 121 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in National Presto Industries in the third quarter worth $75,000. Newbridge Financial Services Group Inc. bought a new position in National Presto Industries in the fourth quarter valued at $79,000. US Bancorp DE raised its position in National Presto Industries by 11.6% during the fourth quarter. US Bancorp DE now owns 1,616 shares of the conglomerate’s stock valued at $159,000 after purchasing an additional 168 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in National Presto Industries during the fourth quarter valued at about $243,000. 58.57% of the stock is owned by hedge funds and other institutional investors.

National Presto Industries Stock Performance

NPK stock opened at $83.37 on Friday. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $103.93. The company has a market capitalization of $595.49 million, a PE ratio of 17.55 and a beta of 0.55. The company’s 50 day moving average price is $90.97 and its two-hundred day moving average price is $87.72.

National Presto Industries (NYSE:NPK) last posted its quarterly earnings results 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 during the quarter.

National Presto Industries Announces Dividend

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

Analyst Ratings Changes

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

About National Presto Industries

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.