Kaman Co. (NYSE:KAMN) SVP Gregory T. Troy acquired 180 shares of Kaman stock in a transaction on Thursday, August 15th. The stock was purchased at an average cost of $55.71 per share, with a total value of $10,027.80. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

KAMN stock opened at $57.56 on Thursday. Kaman Co. has a twelve month low of $51.34 and a twelve month high of $68.79. The company has a quick ratio of 1.48, a current ratio of 1.86 and a debt-to-equity ratio of 0.27. The stock’s 50 day moving average is $60.20 and its 200-day moving average is $59.97. The firm has a market capitalization of $1.60 billion, a PE ratio of 19.99 and a beta of 0.76.

Kaman (NYSE:KAMN) last posted its earnings results on Wednesday, July 31st. The industrial products company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.39). Kaman had a net margin of 3.34% and a return on equity of 11.02%. The company had revenue of $174.70 million during the quarter, compared to the consensus estimate of $485.19 million. During the same quarter in the prior year, the business earned $0.54 EPS. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. On average, equities research analysts anticipate that Kaman Co. will post 1.92 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Tuesday, September 17th will be issued a $0.20 dividend. The ex-dividend date is Monday, September 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.39%. Kaman’s dividend payout ratio is presently 27.78%.

A number of brokerages have commented on KAMN. ValuEngine raised Kaman from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Zacks Investment Research cut Kaman from a “buy” rating to a “hold” rating in a research note on Wednesday, July 3rd.

Several hedge funds have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its holdings in shares of Kaman by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 10,828 shares of the industrial products company’s stock valued at $633,000 after purchasing an additional 196 shares in the last quarter. First Republic Investment Management Inc. lifted its holdings in shares of Kaman by 6.2% in the second quarter. First Republic Investment Management Inc. now owns 4,032 shares of the industrial products company’s stock valued at $257,000 after purchasing an additional 235 shares in the last quarter. Mason Street Advisors LLC lifted its holdings in shares of Kaman by 3.1% in the first quarter. Mason Street Advisors LLC now owns 8,951 shares of the industrial products company’s stock valued at $523,000 after purchasing an additional 268 shares in the last quarter. Virginia Retirement Systems ET AL lifted its holdings in shares of Kaman by 3.1% in the second quarter. Virginia Retirement Systems ET AL now owns 9,900 shares of the industrial products company’s stock valued at $631,000 after purchasing an additional 300 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of Kaman by 0.8% in the second quarter. Arizona State Retirement System now owns 43,342 shares of the industrial products company’s stock valued at $2,760,000 after purchasing an additional 347 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

About Kaman

Kaman Corporation operates in the aerospace and distribution markets. The company operates through two segments, Distribution and Aerospace. The Distribution segment distributes electro-mechanical products; bearings; and power transmission, motion control, and electrical and fluid power components, as well as offers value-added services.

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