MSA Safety Incorporated (NYSE:MSA) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in MSA Safety Incorporated (NYSE:MSA - Free Report) by 6.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 418,237 shares of the industrial products company's stock after acquiring an additional 26,835 shares during the period. Charles Schwab Investment Management Inc. owned about 1.06% of MSA Safety worth $74,170,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of MSA Safety by 10.6% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 126,082 shares of the industrial products company's stock worth $22,359,000 after purchasing an additional 12,039 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in MSA Safety in the third quarter worth approximately $260,000. Quest Partners LLC lifted its stake in shares of MSA Safety by 270,025.0% in the 3rd quarter. Quest Partners LLC now owns 10,805 shares of the industrial products company's stock valued at $1,916,000 after purchasing an additional 10,801 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of MSA Safety by 3.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,245 shares of the industrial products company's stock worth $1,640,000 after purchasing an additional 300 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its holdings in shares of MSA Safety by 0.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 21,267 shares of the industrial products company's stock valued at $3,771,000 after buying an additional 71 shares during the period. Hedge funds and other institutional investors own 92.51% of the company's stock.

MSA Safety Price Performance

NYSE:MSA traded down $0.52 during trading hours on Friday, hitting $173.80. The company's stock had a trading volume of 100,820 shares, compared to its average volume of 154,656. The company has a market capitalization of $6.83 billion, a PE ratio of 25.27 and a beta of 0.99. MSA Safety Incorporated has a 52-week low of $160.02 and a 52-week high of $200.60. The business's 50-day moving average is $172.48 and its two-hundred day moving average is $179.14. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.56 and a current ratio of 2.68.

MSA Safety (NYSE:MSA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.78 by $0.05. The business had revenue of $432.68 million for the quarter, compared to analyst estimates of $449.95 million. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The company's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.78 EPS. As a group, research analysts anticipate that MSA Safety Incorporated will post 7.64 EPS for the current fiscal year.

MSA Safety Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 15th will be paid a $0.51 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.17%. MSA Safety's payout ratio is currently 29.48%.

Wall Street Analysts Forecast Growth

Separately, B. Riley initiated coverage on MSA Safety in a research report on Tuesday, November 5th. They issued a "buy" rating and a $200.00 target price for the company.

MSA Safety Company 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.