Comerica Bank Grows Stock Holdings in National Presto Industries, Inc. (NYSE:NPK)

Comerica Bank grew its holdings in National Presto Industries, Inc. (NYSE:NPKGet Rating) by 5.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,361 shares of the conglomerate’s stock after purchasing an additional 225 shares during the quarter. Comerica Bank owned about 0.06% of National Presto Industries worth $342,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Rhumbline Advisers raised its position in shares of National Presto Industries by 1.3% during the 4th quarter. Rhumbline Advisers now owns 20,683 shares of the conglomerate’s stock valued at $1,697,000 after buying an additional 260 shares during the period. Yousif Capital Management LLC purchased a new stake in shares of National Presto Industries during the 4th quarter valued at approximately $365,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of National Presto Industries by 3.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 133,895 shares of the conglomerate’s stock valued at $10,983,000 after buying an additional 4,253 shares during the period. CWM LLC purchased a new stake in shares of National Presto Industries during the 4th quarter valued at approximately $1,425,000. Finally, National Bank of Canada FI purchased a new stake in shares of National Presto Industries during the 4th quarter valued at approximately $309,000. 52.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, May 25th.

National Presto Industries Stock Performance

National Presto Industries stock opened at $71.20 on Monday. National Presto Industries, Inc. has a fifty-two week low of $59.99 and a fifty-two week high of $98.89. The firm has a 50 day moving average price of $66.77 and a 200 day moving average price of $74.29. The company has a market capitalization of $502.24 million, a PE ratio of 25.80 and a beta of 0.58.

National Presto Industries (NYSE:NPKGet Rating) last posted its earnings results on Friday, April 29th. The conglomerate reported $0.41 earnings per share for the quarter. The firm had revenue of $60.75 million during the quarter. National Presto Industries had a net margin of 5.83% and a return on equity of 5.63%.

National Presto Industries Company Profile

(Get Rating)

National Presto Industries Inc provides housewares and small electric appliance, and defense products primarily in North America. It operates through three segments: Housewares/Small Appliance, Defense, and Safety. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic 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; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand.

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Institutional Ownership by Quarter for National Presto Industries (NYSE:NPK)

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