Waldron Private Wealth LLC Reduces Holdings in MSA Safety Incorporated (NYSE:MSA)

Waldron Private Wealth LLC lessened its position in shares of MSA Safety Incorporated (NYSE:MSA) by 10.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 43,013 shares of the industrial products company’s stock after selling 5,236 shares during the quarter. Waldron Private Wealth LLC owned about 0.11% of MSA Safety worth $7,628,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MSA. Vanguard Group Inc. lifted its holdings in shares of MSA Safety by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,826,135 shares of the industrial products company’s stock worth $645,966,000 after acquiring an additional 23,526 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in MSA Safety by 3.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 770,641 shares of the industrial products company’s stock worth $144,642,000 after acquiring an additional 22,366 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in MSA Safety by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 738,951 shares of the industrial products company’s stock valued at $138,695,000 after acquiring an additional 22,979 shares during the period. Price T Rowe Associates Inc. MD grew its position in MSA Safety by 12.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 718,969 shares of the industrial products company’s stock valued at $139,186,000 after acquiring an additional 77,960 shares in the last quarter. Finally, Champlain Investment Partners LLC increased its stake in MSA Safety by 7.6% during the first quarter. Champlain Investment Partners LLC now owns 707,534 shares of the industrial products company’s stock worth $136,972,000 after purchasing an additional 49,670 shares during the period. 92.51% of the stock is currently owned by institutional investors and hedge funds.

MSA Safety Stock Down 0.6 %

NYSE MSA traded down $1.03 during trading on Tuesday, reaching $169.83. 69,026 shares of the company’s stock were exchanged, compared to its average volume of 150,684. MSA Safety Incorporated has a 1 year low of $147.35 and a 1 year high of $200.60. The stock has a market cap of $6.69 billion, a P/E ratio of 25.31 and a beta of 0.99. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.54 and a current ratio of 2.45. The company has a 50 day moving average price of $176.03 and a two-hundred day moving average price of $182.48.

MSA Safety (NYSE:MSA) last announced its quarterly earnings results on Wednesday, July 24th. The industrial products company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.04. MSA Safety had a return on equity of 30.64% and a net margin of 14.97%. The firm had revenue of $462.46 million during the quarter, compared to the consensus estimate of $461.30 million. On average, equities research analysts anticipate that MSA Safety Incorporated will post 7.75 EPS for the current fiscal year.

MSA Safety Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.04 annualized dividend and a yield of 1.20%. MSA Safety’s dividend payout ratio is currently 30.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. William Blair upgraded MSA Safety to a “strong-buy” rating in a report on Tuesday, July 16th. Stifel Nicolaus boosted their price target on shares of MSA Safety from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, July 26th.

Insider Activity at MSA Safety

In other MSA Safety news, CEO Nishan J. Vartanian sold 3,945 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $189.00, for a total transaction of $745,605.00. Following the transaction, the chief executive officer now owns 31,953 shares of the company’s stock, valued at approximately $6,039,117. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.20% of the stock is owned by corporate insiders.

MSA Safety Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.