MSA Safety Incorporated (NYSE:MSA – Free Report) – Equities researchers at William Blair dropped their FY2025 earnings per share (EPS) estimates for MSA Safety in a research report issued to clients and investors on Friday, September 13th. William Blair analyst R. Sparenblek now anticipates that the industrial products company will post earnings of $8.35 per share for the year, down from their prior forecast of $8.55. William Blair currently has a “Strong-Buy” rating on the stock. The consensus estimate for MSA Safety’s current full-year earnings is $7.75 per share.
Separately, Stifel Nicolaus boosted their price objective on shares of MSA Safety from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, July 26th.
MSA Safety Stock Performance
Shares of MSA stock opened at $179.47 on Monday. 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 firm has a market capitalization of $7.07 billion, a price-to-earnings ratio of 26.59 and a beta of 0.99. MSA Safety has a one year low of $147.35 and a one year high of $200.60. The company has a 50 day moving average price of $181.64 and a 200 day moving average price of $184.55.
MSA Safety (NYSE:MSA – Get Free Report) last posted its quarterly earnings data on Wednesday, July 24th. The industrial products company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.04. MSA Safety had a net margin of 14.97% and a return on equity of 30.64%. The company had revenue of $462.46 million during the quarter, compared to the consensus estimate of $461.30 million.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. APG Asset Management US Inc. purchased a new stake in shares of MSA Safety in the fourth quarter worth about $69,067,000. Norges Bank acquired a new stake in MSA Safety in the fourth quarter valued at approximately $68,252,000. Nixon Peabody Trust Co. acquired a new stake in MSA Safety in the fourth quarter valued at approximately $63,771,000. Cooke & Bieler LP purchased a new stake in shares of MSA Safety during the second quarter valued at approximately $60,236,000. Finally, Janus Henderson Group PLC lifted its position in shares of MSA Safety by 1,601.5% during the first quarter. Janus Henderson Group PLC now owns 312,222 shares of the industrial products company’s stock worth $60,443,000 after purchasing an additional 293,872 shares in the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at MSA Safety
In related news, CEO Nishan J. Vartanian sold 3,945 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $189.00, for a total value of $745,605.00. Following the transaction, the chief executive officer now owns 31,953 shares in the company, valued at $6,039,117. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 6.20% of the company’s stock.
MSA Safety Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, August 15th. MSA Safety’s payout ratio is currently 30.22%.
About MSA Safety
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.
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