Barnes Group Inc. (NYSE:B) SVP Christopher J. Stephens sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $46.22, for a total transaction of $462,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Christopher J. Stephens also recently made the following trade(s):

  • On Friday, September 16th, Christopher J. Stephens sold 23,039 shares of Barnes Group stock. The shares were sold at an average price of $38.76, for a total transaction of $892,991.64.

Barnes Group Inc. (NYSE:B) opened at 46.82 on Friday. The company has a market capitalization of $2.52 billion, a P/E ratio of 20.74 and a beta of 1.37. Barnes Group Inc. has a 52-week low of $30.07 and a 52-week high of $46.93. The stock’s 50 day moving average is $40.89 and its 200-day moving average is $37.88.

Barnes Group (NYSE:B) last posted its quarterly earnings data on Friday, October 28th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.67 by $0.04. Barnes Group had a net margin of 10.33% and a return on equity of 12.10%. The business had revenue of $312 million for the quarter, compared to analyst estimates of $315.22 million. During the same quarter in the previous year, the firm posted $0.61 earnings per share. Barnes Group’s quarterly revenue was up 7.2% on a year-over-year basis. Analysts predict that Barnes Group Inc. will post $2.52 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Barnes Group (NYSE:B)

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Wednesday, November 23rd will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Monday, November 21st. Barnes Group’s payout ratio is currently 23.11%.

A number of large investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Barnes Group by 148.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,698 shares of the company’s stock valued at $109,000 after buying an additional 1,613 shares during the last quarter. Pacad Investment Ltd. acquired a new stake in Barnes Group during the second quarter valued at approximately $113,000. Fuller & Thaler Asset Management Inc. acquired a new stake in Barnes Group during the second quarter valued at approximately $116,000. Quantbot Technologies LP raised its stake in Barnes Group by 59.5% in the second quarter. Quantbot Technologies LP now owns 3,763 shares of the company’s stock valued at $124,000 after buying an additional 1,404 shares during the last quarter. Finally, BlackRock Inc. raised its stake in Barnes Group by 126.2% in the first quarter. BlackRock Inc. now owns 3,684 shares of the company’s stock valued at $129,000 after buying an additional 2,055 shares during the last quarter. 85.15% of the stock is currently owned by institutional investors and hedge funds.

B has been the subject of several analyst reports. Zacks Investment Research lowered shares of Barnes Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 1st. Jefferies Group increased their price objective on shares of Barnes Group from $41.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, August 1st. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $40.17.

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Barnes Group Company Profile

Barnes Group Inc is an industrial and aerospace manufacturer and service provider, serving a range of end-markets and customers. The Company’s engineered products, industrial technologies, and solutions are used in applications that provide transportation, manufacturing, healthcare products and technology to the world.

5 Day Chart for NYSE:B

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