Company profile

Ticker
B
Exchange
CEO
Patrick J. Dempsey
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
60247840

B stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

25 Feb 20
30 Mar 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 370.17M 372.59M 371.67M 376.69M
Net income 40.97M 45.77M 37.62M 33.99M
Diluted EPS 0.8 0.89 0.73 0.65
Net profit margin 11.07% 12.28% 10.12% 9.02%
Operating income 61.26M 67.59M 56.96M 50.65M
Net change in cash 13.34M -14.4M -8.64M 2.79M
Cash on hand 93.81M 80.47M 94.87M 103.51M
Cost of revenue 226.78M 234.42M 238.31M 244.64M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.49B 1.5B 1.44B 1.23B
Net income 158.35M 166.19M 59.42M 135.6M
Diluted EPS 3.07 3.15 1.09 2.48
Net profit margin 10.62% 11.11% 4.14% 11.02%
Operating income 236.45M 231.76M 206.45M 194.3M
Net change in cash -6.91M -44.57M 78.84M -17.48M
Cash on hand 93.81M 100.72M 145.29M 66.45M
Cost of revenue 944.15M 963.52M 943.78M 788.73M

Financial data from Barnes earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
10 Mar 20 Mangum Mylle H Common Stock Buy Aquire P 47.9843 43.467 2.09K 22,923.86
26 Feb 20 Barnes Thomas O Common Stock Sell Dispose S 56.9962 130 7.41K 412,296
26 Feb 20 Barnes Thomas O Common Stock Sell Dispose S 56.9962 250 14.25K 410,026
26 Feb 20 Barnes Thomas O Common Stock Sell Dispose S 56.9962 825 47.02K 479,703
26 Feb 20 Barnes Thomas O Common Stock Sell Dispose S 56.9962 45 2.56K 160,609
26 Feb 20 Barnes Thomas O Common Stock Sell Dispose S 56.9962 35 1.99K 75,728
26 Feb 20 Barnes Thomas O Common Stock Sell Dispose S 56.9962 35 1.99K 83,723
25 Feb 20 Barnes Thomas O Common Stock Gift Dispose G 0 6,648 0 62,403
25 Feb 20 Mangum Mylle H Common Stock Sell Dispose S 59.2901 1,000 59.29K 22,880.39
13 Feb 20 Michael Andrew Beck Common Stock Grant Aquire A 0 3,700 0 29,627
88.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 202 210 -3.8%
Opened positions 25 24 +4.2%
Closed positions 33 26 +26.9%
Increased positions 71 73 -2.7%
Reduced positions 70 78 -10.3%
13F shares
Current Prev Q Change
Total value 2.81B 2.27B +24.0%
Total shares 45.28M 43.98M +3.0%
Total puts 9.9K 3.9K +153.8%
Total calls 0 12.45K -100.0%
Total put/call ratio Infinity 0.3 +Infinity%
Largest owners
Shares Value Change
BLK BlackRock 7.22M $447.5M +2.0%
Vanguard 4.97M $308.07M +0.2%
BAC Bank of America 4.61M $285.76M -2.1%
Wasatch Advisors 4.32M $267.69M +26.5%
Dimensional Fund Advisors 3.06M $189.35M -2.4%
MCQEF Macquarie 1.93M $119.55M +12.1%
Champlain Investment Partners 1.78M $110.17M +10.3%
STT State Street 1.39M $86.4M +0.5%
NTRS Northern Trust 920.67K $57.05M -1.5%
N Price T Rowe Associates 831.34K $51.51M -12.8%
Largest transactions
Shares Bought/sold Change
Wasatch Advisors 4.32M +905.54K +26.5%
Norges Bank 579.68K +579.68K NEW
IVZ Invesco 86.11K -361.12K -80.7%
First Long Island Investors 0 -322.64K EXIT
MCQEF Macquarie 1.93M +208.16K +12.1%
Channing Capital Management 571.11K +200.4K +54.1%
Voya Investment Management 55.07K -174.95K -76.1%
Vulcan Value Partners 170.84K +170.84K NEW
Champlain Investment Partners 1.78M +166.42K +10.3%
BLK BlackRock 7.22M +143.23K +2.0%

Financial report summary

?
Management Discussion
  • 2019 vs. 2018:
  • The Company reported net sales of $1,491.1 million in 2019, a decrease of $4.8 million, or 0.3%, from 2018. Organic sales decreased by $28.9 million, including a decrease of $80.3 million at Industrial, partially offset by a $51.4 million increase at Aerospace. The decrease at Industrial was driven by organic sales declines within each of the Industrial business units, largely due to lower global auto production rates and delays in automotive model change releases, reflecting global trade uncertainty throughout the year and potential changes in regulatory requirements. Acquired businesses contributed incremental sales of $54.5 million during the 2019 period. The impact of foreign currency translation decreased sales within Industrial by approximately $30.4 million as the U.S. dollar strengthened against foreign currencies. The increase at Aerospace was driven primarily by sales growth within the aftermarket businesses, whereas continued growth on newer, more technologically advanced engine platforms contributed to increased sales within the OEM business. Sales within Aerospace were not significantly impacted by changes in foreign currency as these are largely denominated in U.S. dollars. The Company’s international and domestic sales remained flat year-over-year. Excluding the impact of foreign currency translation on sales, however, the Company's international sales in 2019 increased 2.7%, inclusive of sales through acquisition, from 2018.
  • 2018 vs. 2017:
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: accuracy, benchmark, CIS, collateralized, deal, decided, disease, EC, England, escrow, estate, fluctuated, Fortive, Gilbarco, GVR, immaterial, implicit, Kajo, KNG, line, London, matter, MAX, Moule, NaN, Neukirchen, OHG, outbreak, overnight, partnership, Pelletier, redeploy, renew, renewal, Seeger, Senate, SOFR, steering, Stephen, straight, sublease, Tianjin, tied, undiscounted, unique
Removed: Adval, AG, arbitration, authorizing, baht, behalf, CHF, classify, die, discontinued, dispute, Haslach, Holding, implement, legacy, low, nominally, noncancellable, page, plastic, professional, Pte, ramping, removed, Republic, resultant, retention, sooner, Tech, Thai, Triumph, withheld

Patents

APP
Utility
Modular Non-Linear Spring System
19 Mar 20
A modular non-linear spring system capable of simulating traditional brake pedal feel when incorporated into a hydraulic and/or electro-hydraulic vehicle braking system.
GRANT
Utility
Nozzle configuration for purging flow channel
10 Mar 20
An injection molding apparatus comprising: an injection molding machine, a heated manifold, a nozzle, the downstream end of the nozzle comprising an inner tubular member having a central flow channel and an outer circumferential surface and an outer tubular member having an inner tubular surface, the outer tubular member forming a seal surrounding the gate, the inner and outer tubular members being adapted to form a sealed circumferential gap, the inner tubular member including one or apertures extending radially through the inner tubular member to route flow radially from the fluid flow channel into the circumferential gap.
GRANT
Utility
Modular non-linear spring system
3 Mar 20
A modular non-linear spring system capable of simulating traditional brake pedal feel when incorporated into a hydraulic and/or electro-hydraulic vehicle braking system.
GRANT
Utility
High fatigue arcuate spring
17 Dec 19
An arcuate spring having a plurality of coils which are configured and dimensioned to provide an arcuate shape to the spring and being substantially free of internal stresses which would tend to urge the coils into linear alignment.
GRANT
Utility
Induction heating of spring
12 Nov 19
An apparatus for hardening a spring having a helical or beehive shape.