Investors focused on the Industrial Products space have likely heard of Barnes Group (B Quick QuoteB - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.

Barnes Group is one of 208 individual stocks in the Industrial Products sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. B is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for B's full-year earnings has moved 5.81% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that B has returned about 5.06% since the start of the calendar year. In comparison, Industrial Products companies have returned an average of -7.55%. As we can see, Barnes Group is performing better than its sector in the calendar year.

Breaking things down more, B is a member of the Manufacturing - General Industrial industry, which includes 39 individual companies and currently sits at #159 in the Zacks Industry Rank. Stocks in this group have lost about 3.64% so far this year, so B is performing better this group in terms of year-to-date returns.

Investors in the Industrial Products sector will want to keep a close eye on B as it attempts to continue its solid performance.