MSA Safety Incorporporated $MSA Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its stake in MSA Safety Incorporporated (NYSE:MSA) by 19.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 176,593 shares of the industrial products company’s stock after purchasing an additional 29,289 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in MSA Safety Incorporporated were worth $31,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in MSA Safety Incorporporated by 109.3% during the 1st quarter. Root Financial Partners LLC now owns 157 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 82 shares during the period. Allied Private Wealth LLC purchased a new position in shares of MSA Safety Incorporporated in the 2nd quarter valued at approximately $27,000. Bank of New Hampshire purchased a new position in shares of MSA Safety Incorporporated in the 3rd quarter valued at approximately $36,000. IFP Advisors Inc grew its stake in shares of MSA Safety Incorporporated by 623.3% in the 2nd quarter. IFP Advisors Inc now owns 217 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 187 shares during the last quarter. Finally, Fortitude Family Office LLC increased its holdings in shares of MSA Safety Incorporporated by 1,452.9% in the third quarter. Fortitude Family Office LLC now owns 264 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 247 shares during the period. 92.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MSA has been the topic of a number of recent research reports. Wall Street Zen raised MSA Safety Incorporporated from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Robert W. Baird upped their price objective on MSA Safety Incorporporated from $197.00 to $215.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. raised their target price on MSA Safety Incorporporated from $210.00 to $220.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Weiss Ratings raised MSA Safety Incorporporated from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, October 6th. Finally, DA Davidson set a $223.00 target price on shares of MSA Safety Incorporporated in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $211.33.

Insider Activity at MSA Safety Incorporporated

In other MSA Safety Incorporporated news, CAO Jonathan Buck sold 469 shares of MSA Safety Incorporporated stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $191.00, for a total value of $89,579.00. Following the completion of the sale, the chief accounting officer directly owned 3,776 shares of the company’s stock, valued at approximately $721,216. The trade was a 11.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Nishan Vartanian sold 20,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $193.99, for a total value of $3,879,800.00. Following the completion of the transaction, the chairman owned 50,324 shares of the company’s stock, valued at $9,762,352.76. This trade represents a 28.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.70% of the stock is currently owned by insiders.

MSA Safety Incorporporated Stock Performance

Shares of NYSE MSA opened at $181.84 on Friday. The company has a market cap of $7.02 billion, a PE ratio of 20.85 and a beta of 0.92. MSA Safety Incorporporated has a 12 month low of $151.10 and a 12 month high of $208.92. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.24 and a quick ratio of 2.02. The company has a 50-day simple moving average of $184.98 and a 200-day simple moving average of $175.14.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.26. The business had revenue of $503.33 million during the quarter, compared to analyst estimates of $496.27 million. MSA Safety Incorporporated had a net margin of 16.13% and a return on equity of 25.13%. The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.93 earnings per share. On average, equities analysts anticipate that MSA Safety Incorporporated will post 9.08 earnings per share for the current year.

MSA Safety Incorporporated Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were given a dividend of $0.54 per share. The ex-dividend date was Friday, August 14th. This represents a $2.16 dividend on an annualized basis and a yield of 1.2%. MSA Safety Incorporporated’s dividend payout ratio (DPR) is 26.87%.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated develops and manufactures safety products and systems designed to protect workers and facility occupants in hazardous environments. Its solutions are used across industries including construction, manufacturing, utilities, oil and gas, mining, emergency services, and public safety.

The company’s product portfolio includes industrial head, face, eye, and hearing protection; fire and rescue helmets and protective equipment; respiratory protection; portable and fixed gas-detection instruments; fall-protection systems; thermal-imaging cameras; and related software and connected safety technologies.