BarnesB
Market Cap: $1.9B
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 Q2 SEC filings by fund managers ($100M+ AUM)
60% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 8 (+3) [Q2]
13% more capital invested
Capital invested by funds: $1.73B [Q1] → $1.95B (+$222M) [Q2]
1.77% more ownership
Funds ownership: 91.81% [Q1] → 93.58% (+1.77%) [Q2]
1% more funds holding
Funds holding: 208 [Q1] → 211 (+3) [Q2]
9% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 32
12% less call options, than puts
Call options by funds: $5.85M | Put options by funds: $6.66M
32% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 85
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Michael Ciarmoli 64% 1-year accuracy 37 / 58 met price target | 1%upside $38 | Hold Maintained | 29 Jul 2024 |
DA Davidson Matt Summerville 31% 1-year accuracy 8 / 26 met price target | 39%upside $52 | Buy Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 6 articles about B published over the past 30 days