Barnes Group Inc. (B)
Market Cap | 1.73B |
Revenue (ttm) | 1.30B |
Net Income (ttm) | 63.06M |
Shares Out | 50.63M |
EPS (ttm) | 1.23 |
PE Ratio | 27.81 |
Forward PE | 14.46 |
Dividend | $0.64 (1.87%) |
Ex-Dividend Date | Aug 23, 2023 |
Volume | 144,046 |
Open | 34.98 |
Previous Close | 35.04 |
Day's Range | 34.16 - 35.35 |
52-Week Range | 27.93 - 47.36 |
Beta | 1.19 |
Analysts | Hold |
Price Target | 44.00 (+28.62%) |
Earnings Date | Oct 27, 2023 |
About B
Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. It operates in two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices. This segment also designs and manufactures hot runner systems, mold cavity sensors and process control systems, and precision high cavitat... [Read more]
Financial Performance
In 2022, Barnes Group's revenue was $1.26 billion, an increase of 0.24% compared to the previous year's $1.26 billion. Earnings were $13.48 million, a decrease of -86.50%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for B stock is "Hold." The 12-month stock price forecast is $44.0, which is an increase of 28.62% from the latest price.
News

Textron Shares Surge After Expanding Private Jet Deal With Berkshire's NetJets
Shares of Textron (TXT) took off as the aircraft maker expanded its deal to sell planes to Berkshire Hathaway-owned (BRK.A) private jet provider NetJets.

California sues oil giants for downplaying risks posed by fossil fuels - NYT
The state of California has sued major oil companies including Exxon Mobil Corp , Shell PLC , and Chevron Corp , accusing them of playing down the risks posed by fossil fuels, the New York Times repor...

Berkshire Hathaway sheds over 5 million shares from HP Inc stake
Berkshire Hathaway recently pared its stake in HP Inc. by several million shares, a SEC filing showed Wednesday. Its holdings of HP Inc now stand at 115.45 million shares.
Visa class B proposal; Berkshire trims HP holdings; Etsy upgrade: Trending stocks September 14, 2023
Visa (V) shares are falling after the credit card company's decision to allow banks to divest their shares. Visa is currently in the process of reevaluating its Class B shares proposal, which would al...

Berkshire Hathaway dumps 5.5 million HP shares, and it may not be done selling
Warren Buffett's Berkshire Hathaway Inc. dumped 5.5 million shares of HP Inc. earlier this week, according to a recent filing.

Warren Buffett's Berkshire Hathaway sells $158 million of HP stock in 3 days, taking its stake below 12%
Warren Buffett's Berkshire Hathaway cashed out $158 million of HP stock in three days this week. The investor's company still owns 11.7% of the PC maker, a position worth around $3.3 billion.

Nvidia and TSMC shares rise ahead of ARM IPO, HP stock falls on Berkshire Hathaway sale, and more movers
Shares of chipmakers Taiwan Semiconductor Manufacturing Co. TSM, +0.82% rose 1.4% and Nvidia Corp. NVDA, +1.37% gained nearly 1% in premarket trading as U.K.-based chip designer ARM Holdings PLC ARM, ...

Berkshire Hathaway Sells 5.5 Million Shares of HP in Recent Days
The Berkshire open-market sale is its first of HP since the company accumulated a 12% stake in the PC maker in early 2022

Berkshire Hathaway Hits Trifecta: Record Stock Price and Market Cap, Beats S&P 500
Shares of Warren Buffett's Berkshire Hathaway have rallied lately even though its largest equity holding, Apple, is under pressure.

Barnes Announces Third Quarter 2023 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release third quarter 2023 financial results on Friday, October 27, 2023, before the market opens. Barnes will also...

Berkshire Hathaway on track to close with market cap above $800 billion for the first time ever
With shares on track for another record-high finish on Tuesday, Warren Buffett's Berkshire Hathaway Inc. BRK.A, +0.83% BRKB, -1.09% was on pace to close with a market value of more than $800 billion f...

Warren Buffett's Berkshire Hathaway sees its market value surge to a new record of almost $800 billion
Shares of Warren Buffett's Berkshire Hathaway ended Monday's trading at all-time highs. That's boosted the investment conglomerate's market value to an unprecedented high of almost $800 billion.
Final Trades: Oracle, Zoom, Berkshire Hathaway & more
The "Halftime Report" traders give their top picks to watch for the second half.

Warren Buffett's cash mountain is worth as much as Disney after its epic stock plunge
Warren Buffett's $147 billion cash pile is about the same size as Disney's entire market value. Berkshire Hathaway has boosted its reserves, while Disney stock has plunged 60% from its peak.

Berkshire Hathaway Looks Undervalued, Even at New Highs
In early August, Class B shares of Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial) hit a new all-time high just north of $363 per share. Indeed, it has been a remarkable climb for Warren ...

Former Treasury Secretary Mnuchin's PE fund buys Lions Gate Entertainment stake
Liberty 77 Capital LP, a private equity fund set up by former U.S. Treasury Secretary Steve Mnuchin, has bought a 5.5% stake in Lions Gate Entertainment , according to a regulatory filing on Tuesday.

Former Treasury Secretary Steven Mnuchin's Fund Acquires Big Stake In Lionsgate
Liberty Strategic Capital, a private equity fund led by former Secretary of the Treasury Steven Mnuchin, has acquired a hefty 5.5% stake in Lionsgate at a strategically sensitive moment for the compan...

Berkshire Hathaway HomeServices California Properties President Martha Mosier to Appear at RISMedia's 2023 CEO and Leadership Exchange
SAN DIEGO--(BUSINESS WIRE)--Berkshire Hathaway HomeServices California Properties is proud to announce President Martha Mosier will be speaking at an exclusive national panel, RISMedia's 2023 CEO and ...

Berkshire Hathaway stock could crash 99% and Warren Buffett would still have trounced the S&P 500
If Berkshire Hathaway stock tanked 99%, Buffett would still have outperformed the S&P 500. Berkshire stock soared 3,800,000% between 1965 and 2022, trouncing the S&P 500's 25,000% gain.

Constellation Brands to Report Second Quarter Fiscal 2024 Financial Results; Host Conference Call October 5, 2023
VICTOR, N.Y., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter ende...

Brown-Forman to Participate in Barclays Global Consumer Staples Conference
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Executive Vice President and Chief Financial O...

Crawford & Company® to Participate in the 16th Annual Barrington Research Virtual Fall Investment Conference
ATLANTA--(BUSINESS WIRE)--Crawford & Company® (NYSE: CRD-A and CRD-B) is pleased to announce that Joseph Blanco, President, Bruce Swain, CFO, and Robert Genkin, SVP, Finance and M&A, will take part in...

Brown-Forman Announces Launch of Distribution Business in Slovakia
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB), one of the largest American-owned spirits and wine companies, is launching its own distribution business in Slovakia today, b...

Barnes Completes the Acquisition of MB Aerospace
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced that it has completed its previously announced acquisition of MB Aerospace, a leading provider of precision aero-engine com...

CORRECTING and REPLACING Brown-Forman Reports First Quarter Fiscal 2024 Results; Reaffirms Full Year Outlook
LOUISVILLE, Ky.--(BUSINESS WIRE)--Schedule D Supplemental Information should read: Developed International (3%), Emerging 1%, Travel Retail 3% (instead of Developed International 1%, Emerging 3%, Trav...