Cwm LLC Has $281,000 Stock Holdings in MSA Safety Incorporated (NYSE:MSA)

Cwm LLC boosted its position in shares of MSA Safety Incorporated (NYSE:MSA) by 381.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,584 shares of the industrial products company’s stock after purchasing an additional 1,255 shares during the quarter. Cwm LLC’s holdings in MSA Safety were worth $281,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MSA. BNP Paribas Financial Markets grew its holdings in shares of MSA Safety by 30.3% in the 1st quarter. BNP Paribas Financial Markets now owns 26,606 shares of the industrial products company’s stock valued at $5,151,000 after buying an additional 6,191 shares during the period. DekaBank Deutsche Girozentrale grew its stake in MSA Safety by 231.0% in the first quarter. DekaBank Deutsche Girozentrale now owns 63,941 shares of the industrial products company’s stock valued at $12,294,000 after acquiring an additional 44,625 shares during the period. Quadrature Capital Ltd increased its holdings in shares of MSA Safety by 80.9% in the first quarter. Quadrature Capital Ltd now owns 17,173 shares of the industrial products company’s stock worth $3,323,000 after acquiring an additional 7,681 shares in the last quarter. M&G Plc acquired a new stake in shares of MSA Safety during the first quarter worth about $3,625,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of MSA Safety by 13,226.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 69,566 shares of the industrial products company’s stock valued at $13,467,000 after purchasing an additional 69,044 shares in the last quarter. Institutional investors own 92.51% of the company’s stock.

Analyst Ratings Changes

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

MSA Safety Stock Down 0.8 %

MSA stock opened at $170.86 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.45 and a quick ratio of 1.54. The stock has a market capitalization of $6.73 billion, a P/E ratio of 25.31 and a beta of 0.99. MSA Safety Incorporated has a fifty-two week low of $147.35 and a fifty-two week high of $200.60. The business has a 50-day moving average of $176.03 and a 200-day moving average of $182.48.

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

MSA Safety Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend was Thursday, August 15th. MSA Safety’s dividend payout ratio is currently 30.22%.

Insider Activity

In related news, CEO Nishan J. Vartanian sold 3,945 shares of the business’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $189.00, for a total transaction of $745,605.00. Following the transaction, the chief executive officer now directly owns 31,953 shares in the company, valued at approximately $6,039,117. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.20% of the stock is currently owned by insiders.

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.