
What smart money is saying about MSA Safety
4 funds in our archive have pitched MSA Safety — most recently Heartland Advisors Opportunistic Value Equity Strategy in June 2026.
MSA Safety Incorporated is a prominent global manufacturer and provider of safety equipment, specializing in the engineering, production, and distribution of solutions designed to safeguard both personnel and critical infrastructure. The company serves a diverse range of high-risk sectors, including the energy industry (oil, gas, and petrochemical), emergency services (fire departments), construction, industrial manufacturing, utilities, military, and mining. Its international footprint extends significantly across North America, Latin America, and other global markets. Among its principal offerings are permanently installed systems for gas and flame detection, encompassing sophisticated monitoring units, flame sensors, and open-path infrared detectors. These are complemented by essential replacement parts and associated services, all crucial for identifying the presence or absence of various atmospheric gases. The company also provides advanced respiratory protection, including self-contained breathing apparatus (SCBA), alongside portable gas detection devices for on-the-go analysis. MSA Safety's product line further includes a comprehensive range of head protection solutions for industrial use, as well as specialized helmets and protective clothing tailored for firefighters. Additionally, the company offers robust fall protection systems, featuring confined space apparatus, safety harnesses, lanyards, and self-retracting lifelines, often integrated into custom-engineered safety setups. Further expanding its portfolio, the company supplies air-purifying respirators, eye and face shields, ballistic helmets, and gas masks. Distribution reaches both end-users and wholesale partners via direct and indirect sales channels. Its products are marketed under well-known brand names such as V-Gard, Cairns, and Gallet. Founded in 1914, MSA Safety Incorporated maintains its headquarters in Cranberry Township, Pennsylvania.
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Position history
Between Q2 2025 and Q2 2026, 1 fund letter reported a position in MSA Safety, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 2 |
Fund activity · 1 position
- HoldsHeartland Advisors Opportunistic Value Equity StrategyJune 2026
“A new portfolio addition last quarter was MSA Safety (MSA) , which designs and manufactures firefighting equipment, gas detectors, and industrial safety equipment.”
Read the letterMSA Safety
Also mentioned · 1
These funds discuss MSA Safety — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedSouthernSun AM SMID Cap CompositeJune 2026
“Our team traveled to Indianapolis for the FDIC Firefighter’s Convention to meet with senior leadership of MSA Safety and Oshkosh Corp and speak to everyday users of these companies’ equipment,”
Read the letterMSA Safety
Fund coverage · 4 theses
- Heartland Advisors Opportunistic Value Equity StrategyJune 2026
MSA Safety makes firefighting and industrial safety equipment, with margin expansion expected from higher-margin gas detectors and SCBAs, a subscription transition, and an attractive valuation versus peers.
Read the full thesis - Sequoia FundDecember 2025
MSA Safety is a leading workplace safety equipment provider with strong brand, subscription-driven 'connected' products, and attractive valuation supporting long-term growth.
Read the full thesis - Riverwater Sustainable Value StrategyJune 2025
MSA Safety is a high-quality manufacturer of safety equipment poised to benefit from sustained demand as the world transitions to energy and electrification, and we acquired it at a discount to its historical valuation.
Read the full thesis - Southernsun Small CapJune 2025
MSA Safety, Inc. is a leading provider of critical safety solutions across various industries, including advanced firefighter equipment and gas detection instruments, with a strong focus on innovation and connected technologies poised for growth.
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