Barnes Group(B) Declares Dividend of $0.1300.

Barnes Group (B) had declared a cash dividend of $0.1300 on Feb 8, 2017. The shares will quote ex-dividend on Feb 22, 2017 and the record date has been fixed for Feb 24, 2017. Based on Feb 22, 2017 share price, the yield comes out to be 1.09%. The dividend payable date has been fixed on Mar 10, 2017.

In a different note, SunTrust Robinson Humphrey said it Initiates Coverage On Barnes Group, according to a research note issued on Jan 19, 2017. In the research note, the firm Announces the price-target to $49 per share. The shares have been rated ‘Hold’ by the firm.

Barnes Group (B) made into the market gainers list on Wednesdays trading session with the shares advancing 0.60% or 0.3 points. Due to strong positive momentum, the stock ended at $50.4, which is also near the day’s high of $50.44. The stock began the session at $49.77 and the volume stood at 1,37,334 shares. The 52-week high of the shares is $50.98 and the 52 week low is $31.13. The company has a current market capitalization of $2,712 M and it has 5,38,14,441 shares in outstanding.

Barnes Group(B) last announced its earnings results on Oct 28, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $311.56M. Analysts had an estimated revenue of $315.00M. Earnings per share were $0.71. The reported EPS was above estimates by $0.04 or 5.97%. Analysts had estimated an EPS of $0.67.

Several Insider Transactions has been reported to the SEC. On Dec 1, 2016, Dawn N Edwards (SVP, Human Resources) sold 9,701 shares at $46.20 per share price.Also, On Nov 29, 2016, Marian Acker (VP, Controller) sold 6,000 shares at $46.51 per share price.On Nov 29, 2016, Thomas O Barnes (director) sold 222 shares at $46.62 per share price, according to the Form-4 filing with the securities and exchange commission.

Barnes Group Inc. is an industrial and aerospace manufacturer and service provider serving a range of end-markets and customers. The Company’s engineered products industrial technologies and solutions delivered are used in applications that provide transportation manufacturing healthcare products and technology to the world. The Company operates in segments: Industrial and Aerospace. The Industrial segment is a manufacturer of engineered precision parts products and systems for critical applications. It is a manufacturer and supplier of precision mechanical products including mechanical springs and nitrogen gas products. The Aerospace segment is a provider of precision-machined and fabricated components and assemblies for OEM turbine engine airframe and industrial gas turbine builders and the military. Aerospace provides jet engine component overhaul and repair services for turbine engine manufacturers commercial airlines and the military.

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