Last $30.02 USD
Change Today +0.14 / 0.47%
Volume 292.2K
B On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/23/13 All times are local (Market data is delayed by at least 15 minutes).

barnes group inc (B) Snapshot

Open
$29.58
Previous Close
$29.88
Day High
$30.14
Day Low
$29.46
52 Week High
05/22/13 - $30.93
52 Week Low
11/16/12 - $19.71
Market Cap
1.6B
Average Volume 10 Days
324.6K
EPS TTM
$1.84
Shares Outstanding
53.7M
EX-Date
05/24/13
P/E TM
16.3x
Dividend
$0.40
Dividend Yield
1.33%
Current Stock Chart for BARNES GROUP INC (B)

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barnes group inc (B) Details

Barnes Group Inc. operates as an aerospace and industrial manufacturing and service provider serving a range of end markets and customers worldwide. The company operates in three segments: Aerospace, Industrial, and Distribution. The Aerospace segment produces precision-machined and fabricated components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers jet engine component overhaul and repair services for turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts, as well as provides repair services for aircraft engine components. The Industrial segment supplies manufactured precision components for applications serving various end markets, such as transportation, energy, electronics, medical, and consumer products. It also produces various types of precision spring ranging from fine hairsprings for electronics and instruments to heavy-duty springs for machinery, as well as precision-machined and fabricated components. In addition, this segment manufactures and supplies precision mechanical products, including mechanical springs, compressor reed valves, and nitrogen gas products. Further, it manufactures high-precision punched and fine-blanked components used in the transportation and industrial applications; nitrogen gas springs and manifold systems used to precisely control stamping presses; and retention rings that position parts on a shaft or other axis, as well as hot runner systems and components. The Distribution segment offers logistics support through vendor managed inventory and technical sales for maintenance, repair, operating, and production supplies, as well as engages in the design, assembly, and distribution of engineered supplies for the industrial base. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

5,110 Employees
Last Reported Date: 02/25/13
Founded in 1857

barnes group inc (B) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $447.8K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $431.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $289.3K
Senior Vice President of Human Resources
Total Annual Compensation: $296.0K
Compensation as of Fiscal Year 2012.

barnes group inc (B) Key Developments

Barnes Group Inc. Announces Executive Changes

On May 3, 2013, George T. Carpenter retired from his position as a director of Barnes Group Inc. Also on May 3, 2013, in accordance with his previously announced retirement, Gregory F. Milzcik retired from his position as Executive Vice Chairman of the Company and as a director of the Company, and the Board of Directors elected Patrick J. Dempsey, the Company's President and Chief Executive Officer, as a director to fill the vacancy resulting from Mr. Milzcik's resignation. Mr. Dempsey's term will end on the date of the 2014 Annual Meeting of Stockholders. The Board appointed Mr. Dempsey to the Executive Committee of the Board as an ex officio, non-voting member. Mr. Dempsey, 48, has served in his current role since March 1, 2013. Prior to that, since February 2012, Mr. Dempsey was the Company's Senior Vice President and Chief Operating Officer. Mr. Dempsey held a series of roles of increasing responsibility since joining the Company in October 2000.

Barnes Group Inc. Approves Amendments to its By-Laws

Barnes Group Inc. announced the approval of amendments to its amendment to the company's restated Certificate of Incorporation to eliminate supermajority voting requirements for certain corporate actions taken by stockholders and restated By-Laws to provide for the annual election of all directors its annual general meeting, to be held on May 3, 2013.

Barnes Group Inc. Declares Quarterly Dividend, Payable on June 10, 2013

Barnes Group Inc. declared a quarterly cash dividend of ten cents ($0.10) per share. The dividend will be payable June 10, 2013 to shareholders of record at the close of business on May 29, 2013.

 

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Industry Analysis

B

Industry Average

Valuation B Industry Range
Price/Earnings 17.5x
Price/Sales 1.3x
Price/Book 2.1x
Price/Cash Flow 19.0x
TEV/Sales 0.7x
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