barnes group inc. is an international industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers. the highly engineered products, differentiated industrial technologies, and innovative solutions delivered by barnes group are used in far-reaching applications that provide transportation, manufacturing, healthcare products, and technology to the world. with approximately 4,700 dedicated employees, at more than 60 locations worldwide, on four continents across the globe, barnes group continues to build on our long-standing tradition of excellence in precision manufacturing and logistics solutions, while at the same time, investing in leading-edge technologies and applying our expertise in newer break-through markets. barnes group operates under two global business segments - industrial and aerospace. at barnes group, there are no limits to your career path - only opportunities for success! explore your future and career potential at
Company profile
Ticker
B
Exchange
Website
CEO
Patrick Dempsey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Asian Compressor Technology Services Limited • AS Monterrey, S. de R.L. de C.V. • Associated Spring (Tianjin) Company, Ltd. • Associated Spring (UK) Ltd. • Associated Spring Asia Pte. Ltd. • Associated Spring Corporation • Associated Spring do Brasil Ltda. • Associated Spring Mexico • Associated Spring Raymond (Shanghai) Co., Ltd. • Associated Spring Raymond GmbH ...
IRS number
60247840
B stock data
Latest filings (excl ownership)
8-K
Barnes Announces Completion of Previously Announced Sale of Associated Spring™ and Hänggi™ Businesses
4 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
8-K
Entry into a Material Definitive Agreement
20 Mar 24
8-K
Barnes Announces Update to Board of Directors
5 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
DFAN14A
Additional proxy materials by non-management
16 Feb 24
8-K
Barnes Reports Fourth Quarter and Full Year 2023 Financial Results
16 Feb 24
8-K
Departure of Directors or Certain Officers
19 Jan 24
8-K
Enables Industrial Segment Simplification, Strengthens Balance Sheet, and Accelerates Debt Reduction
11 Jan 24
Transcripts
B
Earnings call transcript
2023 Q3
27 Oct 23
B
Earnings call transcript
2023 Q2
28 Jul 23
B
Earnings call transcript
2023 Q1
27 Apr 23
B
Earnings call transcript
2022 Q4
17 Feb 23
B
Earnings call transcript
2022 Q3
28 Oct 22
B
Earnings call transcript
2022 Q2
29 Jul 22
B
Earnings call transcript
2022 Q1
29 Apr 22
B
Earnings call transcript
2021 Q4
18 Feb 22
B
Earnings call transcript
2021 Q3
29 Oct 21
B
Earnings call transcript
2021 Q2
30 Jul 21
Latest ownership filings
4
Adam J Katz
21 Mar 24
3
Adam J Katz
14 Mar 24
4
MYLLE H MANGUM
12 Mar 24
SC 13D/A
Irenic Capital Management LP
7 Mar 24
4/A
Hans-Peter Manner
23 Feb 24
SC 13G/A
MACQUARIE GROUP LTD
14 Feb 24
SC 13G/A
BANK OF AMERICA CORP /DE/
13 Feb 24
4
Elijah Kent Barnes
13 Feb 24
4
THOMAS O BARNES
13 Feb 24
4
JoAnna Sohovich
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 92.19 mm | 92.19 mm | 92.19 mm | 92.19 mm | 92.19 mm | 92.19 mm |
Cash burn (monthly) | (no burn) | (no burn) | 3.98 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 27.10 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 65.08 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 16.4 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
86.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 199 |
Opened positions | 19 |
Closed positions | 28 |
Increased positions | 61 |
Reduced positions | 80 |
13F shares | Current |
---|---|
Total value | 1.48 tn |
Total shares | 43.82 mm |
Total puts | 6.30 k |
Total calls | 7.00 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.65 mm | $260.01 bn |
Vanguard | 5.46 mm | $185.58 bn |
Dimensional Fund Advisors | 3.46 mm | $117.44 bn |
MCQEF Macquarie | 2.65 mm | $90.10 bn |
BAC Bank Of America | 2.61 mm | $88.72 bn |
Thrivent Financial For Lutherans | 2.11 mm | $71.96 bn |
STT State Street | 1.94 mm | $66.07 bn |
Champlain Investment Partners | 1.25 mm | $42.44 bn |
Geode Capital Management | 1.09 mm | $37.08 bn |
Aristotle Capital Boston | 1.04 mm | $35.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Adam J Katz | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 634 | 0.00 | 634 |
8 Mar 24 | Mangum Mylle H | Common Stock | Grant | Acquire A | No | No | 38.2655 | 49.98 | 1.91 k | 27,457.64 |
9 Feb 24 | Elijah Kent Barnes | Common Stock | Grant | Acquire A | No | No | 0 | 1,033 | 0.00 | 53,255.26 |
9 Feb 24 | Barnes Thomas O | Common Stock | Grant | Acquire A | No | No | 0 | 1,033 | 0.00 | 381,197.91 |