Baird Raises MSA Safety Target to $205 as 2026 Outlook Meets Expectations


MSA Securities Incorporated (NYSE: MSA) is among them Stock Kings List: Top 15 Stocks.

Baird Raises MSA Safety Target to $205 as 2026 Outlook Meets Expectations
Baird Raises MSA Safety Target to $205 as 2026 Outlook Meets Expectations

On February 17, Baird analyst Robert Mason increased the company’s price recommendation on MSA Safety Incorporated (NYSE:MSA) from $184 to $205. The company reiterated a neutral rating on the stock. The company said it updated its model after reporting Q4 results, indicating that the outlook for 2026 sales was in line with expectations.

During the company’s Q4 2025 earnings call, President and CEO Steven Blanco said the year ended on a strong note, supported by the company’s accelerated strategy. He reported that consolidated sales increased 2% during the quarter. Acquisitions contributed nearly 3% to growth, while foreign exchange added another 2% tune. Blanco said the discovery segment showed strong momentum, with organic growth of 17%. He explained that the demand for fixed solutions is largely driving this activity.

Results were poor in terms of firefighting. Organic sales in the segment fell 21%, which he attributed to delays in AFG funding and the temporary US government shutdown. Industrial PPE posted a modest improvement. Organic sales in that category grew 1%, Blanco said. He also noted that the acquisition of M&C Tech Group contributed about $15 million to revenue during the quarter. Blanco added that discovery has become the company’s largest product category. It now represents 41% of total sales. He also mentioned the launch of several new products. Blanco added that the new generation 2025 G1 SCBA received NFPA approval in November.

He also said the company had deployed nearly $0.5 billion during the year to invest in growth and return to shareholders. He noted that dividends have increased for the 55th consecutive year.

MSA Safety Incorporated (NYSE:MSA) develops advanced safety products, technologies, and solutions designed to protect employees and facility infrastructure. Its main product categories include fire service, detection, and industrial personal protective equipment.

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Read more: The 40 most popular stocks among hedge funds heading into 2026 And the 13 best defensive dividend stocks for 2026.

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