MSA Safety Incorporporated (NYSE:MSA) CAO Jonathan Buck Sells 469 Shares

MSA Safety Incorporporated (NYSE:MSA) CAO Jonathan Buck sold 469 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $191.00, for a total transaction of $89,579.00. Following the completion of the transaction, the chief accounting officer owned 3,776 shares of the company’s stock, valued at $721,216. This trade represents a 11.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

MSA Safety Incorporporated Stock Down 0.1%

NYSE:MSA opened at $193.11 on Thursday. The company has a market cap of $7.45 billion, a price-to-earnings ratio of 24.02 and a beta of 0.94. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.02 and a current ratio of 3.24. The stock’s fifty day moving average price is $169.69 and its two-hundred day moving average price is $175.45. MSA Safety Incorporporated has a 52-week low of $151.10 and a 52-week high of $208.92.

MSA Safety Incorporporated (NYSE:MSA) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.40 EPS for the quarter, beating the consensus estimate of $2.14 by $0.26. The company had revenue of $503.33 million during the quarter, compared to analysts’ expectations of $496.27 million. MSA Safety Incorporporated had a return on equity of 25.13% and a net margin of 16.13%.The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $1.93 EPS. On average, analysts anticipate that MSA Safety Incorporporated will post 9.23 EPS for the current year.

MSA Safety Incorporporated Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, August 14th. MSA Safety Incorporporated’s dividend payout ratio (DPR) is presently 26.87%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Wall Street Zen downgraded shares of MSA Safety Incorporporated from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. JPMorgan Chase & Co. lifted their price target on shares of MSA Safety Incorporporated from $210.00 to $220.00 and gave the stock a “neutral” rating in a research report on Monday. Robert W. Baird boosted their price target on shares of MSA Safety Incorporporated from $197.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday. DA Davidson set a $223.00 target price on shares of MSA Safety Incorporporated in a report on Tuesday. Finally, Weiss Ratings upgraded shares of MSA Safety Incorporporated from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, MSA Safety Incorporporated has an average rating of “Hold” and an average price target of $211.33.

Institutional Trading of MSA Safety Incorporporated

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Brown Brothers Harriman & Co. boosted its stake in MSA Safety Incorporporated by 700.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 144 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 126 shares during the last quarter. Root Financial Partners LLC grew its holdings in MSA Safety Incorporporated by 109.3% during the first quarter. Root Financial Partners LLC now owns 157 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 82 shares during the period. Allied Private Wealth LLC bought a new stake in MSA Safety Incorporporated in the second quarter valued at approximately $27,000. EverSource Wealth Advisors LLC raised its holdings in MSA Safety Incorporporated by 94.1% in the second quarter. EverSource Wealth Advisors LLC now owns 198 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 96 shares during the period. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new stake in MSA Safety Incorporporated in the fourth quarter worth $57,000. 92.51% of the stock is owned by institutional investors.

About MSA Safety Incorporporated

MSA Safety Incorporated develops, manufactures and supplies a wide range of safety products designed to protect workers in hazardous environments. The company’s offerings span personal protective equipment such as industrial helmets, face shields, protective clothing and fall protection devices, as well as fixed and portable gas detection and monitoring systems. MSA’s products are used in industries including oil and gas, mining, construction, fire service, and chemical processing to guard against risks such as gas leaks, impacts, flame exposure and falls from height.

Key product lines include self-contained breathing apparatus (SCBA) and air-purifying respirators, gas detectors and sensors, head and face protection, and fall arrest systems.