MSA Safety Incorporporated (NYSE:MSA) insider Nishan J. Vartanian sold 705 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $79.46, for a total transaction of $56,019.30. Following the completion of the transaction, the insider now directly owns 32,160 shares in the company, valued at $2,555,433.60. The sale was disclosed in a document filed with the SEC, which is available at this link.

MSA Safety Incorporporated (NYSE:MSA) last announced its quarterly earnings data on Thursday, October 19th. The industrial products company reported $0.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.13. MSA Safety Incorporporated had a net margin of 7.32% and a return on equity of 20.56%. The company had revenue of $296.13 million during the quarter, compared to analyst estimates of $298.47 million. During the same period last year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. Investors of record on Tuesday, November 14th will be given a $0.35 dividend. The ex-dividend date of this dividend is Monday, November 13th. This represents a $1.40 annualized dividend and a yield of 1.77%. MSA Safety Incorporporated’s dividend payout ratio is presently 64.52%.

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A number of research analysts recently weighed in on MSA shares. Robert W. Baird raised their price target on shares of MSA Safety Incorporporated from $80.00 to $89.00 and gave the company a “neutral” rating in a research note on Sunday, October 22nd. BidaskClub raised shares of MSA Safety Incorporporated from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Zacks Investment Research lowered shares of MSA Safety Incorporporated from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. Stifel Nicolaus restated a “buy” rating and set a $91.00 price target on shares of MSA Safety Incorporporated in a report on Friday, August 4th. Finally, Barrington Research reiterated a “market perform” rating on shares of MSA Safety Incorporporated in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $89.75.

A number of large investors have recently modified their holdings of MSA. BlackRock Inc. lifted its position in MSA Safety Incorporporated by 20,572.3% in the 1st quarter. BlackRock Inc. now owns 3,192,629 shares of the industrial products company’s stock valued at $225,685,000 after purchasing an additional 3,177,185 shares during the last quarter. State Street Corp increased its stake in MSA Safety Incorporporated by 117.4% during the 1st quarter. State Street Corp now owns 2,098,154 shares of the industrial products company’s stock valued at $148,317,000 after buying an additional 1,133,038 shares during the period. Principal Financial Group Inc. increased its stake in MSA Safety Incorporporated by 96.4% during the 2nd quarter. Principal Financial Group Inc. now owns 851,097 shares of the industrial products company’s stock valued at $69,084,000 after buying an additional 417,796 shares during the period. SG Capital Management LLC acquired a new position in MSA Safety Incorporporated during the 2nd quarter valued at about $25,020,000. Finally, Vanguard Group Inc. grew its stake in shares of MSA Safety Incorporporated by 8.8% in the 1st quarter. Vanguard Group Inc. now owns 3,060,446 shares of the industrial products company’s stock worth $216,344,000 after purchasing an additional 247,532 shares during the last quarter. Hedge funds and other institutional investors own 66.16% of the company’s stock.

MSA Safety Incorporporated Company Profile

Mine Safety Appliances Company is engaged in the development, manufacture and supply of products that protect people’s health and safety. The Company’s line of safety products is used by workers worldwide in the fire service, homeland security, oil and gas, construction and other industries, as well as the military.

Insider Buying and Selling by Quarter for MSA Safety Incorporporated (NYSE:MSA)

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