National Presto Industries, Inc. $NPK is Medina Value Partners LLC’s 3rd Largest Position

Medina Value Partners LLC lifted its stake in shares of National Presto Industries, Inc. (NYSE:NPK) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 208,886 shares of the conglomerate’s stock after purchasing an additional 7,841 shares during the period. National Presto Industries accounts for about 5.5% of Medina Value Partners LLC’s portfolio, making the stock its 3rd largest holding. Medina Value Partners LLC’s holdings in National Presto Industries were worth $23,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in shares of National Presto Industries by 6.9% during the 1st quarter. Royal Bank of Canada now owns 6,400 shares of the conglomerate’s stock valued at $563,000 after acquiring an additional 414 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in National Presto Industries by 48.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,652 shares of the conglomerate’s stock valued at $2,079,000 after purchasing an additional 7,721 shares during the period. Geode Capital Management LLC lifted its holdings in shares of National Presto Industries by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 123,185 shares of the conglomerate’s stock valued at $12,070,000 after buying an additional 1,663 shares during the period. SG Americas Securities LLC grew its position in shares of National Presto Industries by 368.4% during the 2nd quarter. SG Americas Securities LLC now owns 5,728 shares of the conglomerate’s stock valued at $561,000 after acquiring an additional 4,505 shares during the period. Finally, Creative Planning boosted its stake in shares of National Presto Industries by 11.5% in the second quarter. Creative Planning now owns 2,676 shares of the conglomerate’s stock worth $262,000 after acquiring an additional 275 shares during the last quarter. Institutional investors and hedge funds own 58.57% of the company’s stock.

National Presto Industries Price Performance

Shares of NYSE:NPK opened at $131.43 on Friday. National Presto Industries, Inc. has a fifty-two week low of $77.63 and a fifty-two week high of $149.85. The stock has a market capitalization of $939.72 million, a P/E ratio of 24.16 and a beta of 0.49. The business has a 50-day moving average of $126.22 and a two-hundred day moving average of $113.25.

National Presto Industries Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Friday, March 20th. Shareholders of record on Monday, March 9th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a dividend yield of 71.0%. National Presto Industries’s dividend payout ratio (DPR) is currently 18.38%.

Insider Transactions at National Presto Industries

In other National Presto Industries news, Director Randy F. Lieble sold 2,417 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $143.97, for a total transaction of $347,975.49. Following the completion of the transaction, the director owned 5,222 shares of the company’s stock, valued at $751,811.34. This represents a 31.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 28.00% of the company’s stock.

Analyst Ratings Changes

NPK has been the subject of a number of research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of National Presto Industries in a research report on Monday, December 29th. Wall Street Zen upgraded National Presto Industries from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

National Presto Industries Company Profile

National Presto Industries, Inc is an American diversified manufacturer headquartered in Eau Claire, Wisconsin. The company operates primarily through three business segments—Housewares/Small Appliances, Defense Products, and Safety—which together supply a range of consumer and industrial markets. Founded in 1905, National Presto Industries has built a reputation for durable, user-friendly products marketed under the Presto and National Presto brands.

In its Housewares/Small Appliances segment, National Presto offers a variety of kitchen products designed to simplify home cooking and meal preparation.