National Presto Industries (NYSE:NPK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of National Presto Industries (NYSE:NPK) from a sell rating to a hold rating in a report released on Saturday morning.

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Presto Industries in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

National Presto Industries Price Performance

Shares of NYSE:NPK opened at $118.41 on Friday. The firm has a market capitalization of $846.63 million, a PE ratio of 21.77 and a beta of 0.51. The business has a 50-day moving average of $102.69 and a two-hundred day moving average of $105.76. National Presto Industries has a 12 month low of $77.63 and a 12 month high of $120.49.

Institutional Investors Weigh In On National Presto Industries

Hedge funds and other institutional investors have recently bought and sold shares of the business. Operose Advisors LLC purchased a new position in shares of National Presto Industries during the 2nd quarter valued at approximately $36,000. Solstein Capital LLC bought a new position in National Presto Industries during the 2nd quarter valued at $58,000. EverSource Wealth Advisors LLC grew its holdings in National Presto Industries by 969.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 631 shares of the conglomerate’s stock worth $62,000 after acquiring an additional 572 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of National Presto Industries by 696.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 940 shares of the conglomerate’s stock worth $92,000 after purchasing an additional 822 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of National Presto Industries by 138.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 848 shares of the conglomerate’s stock valued at $95,000 after purchasing an additional 493 shares in the last quarter. 58.57% of the stock is currently owned by hedge funds and other institutional investors.

About National Presto Industries

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.