National Presto Industries, Inc. (NYSE:NPK) Shares Bought by Wallace Capital Management Inc.

Wallace Capital Management Inc. increased its holdings in National Presto Industries, Inc. (NYSE:NPK) by 1.8% during the third quarter, HoldingsChannel.com reports. The fund owned 36,336 shares of the conglomerate’s stock after buying an additional 625 shares during the period. National Presto Industries makes up approximately 0.4% of Wallace Capital Management Inc.’s holdings, making the stock its 25th largest holding. Wallace Capital Management Inc.’s holdings in National Presto Industries were worth $2,730,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of National Presto Industries by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 607,135 shares of the conglomerate’s stock worth $50,878,000 after purchasing an additional 4,061 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of National Presto Industries by 7,414.0% during the 3rd quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock valued at $1,694,000 after acquiring an additional 22,242 shares during the last quarter. Algert Global LLC increased its stake in shares of National Presto Industries by 652.2% during the 3rd quarter. Algert Global LLC now owns 21,234 shares of the conglomerate’s stock valued at $1,596,000 after acquiring an additional 18,411 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in National Presto Industries during the 3rd quarter worth approximately $340,000. Finally, Renaissance Technologies LLC increased its position in National Presto Industries by 30.3% during the 2nd quarter. Renaissance Technologies LLC now owns 246,700 shares of the conglomerate’s stock worth $18,535,000 after purchasing an additional 57,300 shares in the last quarter. 58.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut National Presto Industries from a “buy” rating to a “hold” rating in a research note on Tuesday.

National Presto Industries Stock Up 0.2 %

Shares of NPK opened at $85.60 on Friday. National Presto Industries, Inc. has a 52-week low of $69.58 and a 52-week high of $86.44. The firm has a market capitalization of $607.76 million, a PE ratio of 18.02 and a beta of 0.59. The firm has a 50-day moving average price of $75.61 and a 200 day moving average price of $74.93.

National Presto Industries Company 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.