Barnes
About: Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. It leverages world-class manufacturing capabilities and engineering to develop various processes, automation solutions, and applied technologies for industries ranging from aerospace and medical & personal care to mobility and packaging. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military.
Employees: 6,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
126% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 19
11% more funds holding
Funds holding: 213 [Q2] → 237 (+24) [Q3]
5% less capital invested
Capital invested by funds: $1.98B [Q2] → $1.89B (-$90.3M) [Q3]
2.94% less ownership
Funds ownership: 94.93% [Q2] → 91.99% (-2.94%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
23% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 86
83% less call options, than puts
Call options by funds: $744K | Put options by funds: $4.49M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Michael Ciarmoli 67% 1-year accuracy 40 / 60 met price target | 1%upside $48 | Hold Maintained | 8 Oct 2024 |
DA Davidson Matt Summerville 53% 1-year accuracy 17 / 32 met price target | 1%upside $48 | Neutral Downgraded | 7 Oct 2024 |
Financial journalist opinion
Based on 3 articles about B published over the past 30 days
