Tema ETFs LLC Buys 5,782 Shares of Timken Company (The) $TKR

Tema ETFs LLC increased its stake in Timken Company (The) (NYSE:TKR) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 169,397 shares of the industrial products company’s stock after purchasing an additional 5,782 shares during the quarter. Tema ETFs LLC owned approximately 0.24% of Timken worth $24,617,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Gordian Capital Singapore Pte Ltd bought a new position in shares of Timken in the fourth quarter valued at approximately $25,000. Clearstead Advisors LLC lifted its stake in shares of Timken by 130.3% in the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock worth $26,000 after buying an additional 172 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Timken during the 4th quarter worth $31,000. Elevation Wealth Partners LLC boosted its holdings in shares of Timken by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock worth $38,000 after buying an additional 210 shares during the period. Finally, Kestra Investment Management LLC acquired a new position in Timken in the 2nd quarter valued at $42,000. Institutional investors own 89.08% of the company’s stock.

Insider Transactions at Timken

In related news, Director Richard G. Kyle sold 13,637 shares of Timken stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the sale, the director directly owned 183,724 shares of the company’s stock, valued at $23,264,970.12. This trade represents a 6.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ajita G. Rajendra sold 8,450 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $131.34, for a total value of $1,109,823.00. Following the transaction, the director owned 20,225 shares in the company, valued at $2,656,351.50. This represents a 29.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 30,535 shares of company stock worth $3,912,529. 8.10% of the stock is owned by company insiders.

Timken Trading Up 1.6%

Shares of TKR stock opened at $128.57 on Wednesday. Timken Company has a 1 year low of $70.57 and a 1 year high of $146.37. The firm’s fifty day simple moving average is $137.61 and its 200 day simple moving average is $117.60. The firm has a market capitalization of $8.91 billion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.21. The company has a current ratio of 3.10, a quick ratio of 1.74 and a debt-to-equity ratio of 0.61.

Timken (NYSE:TKR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.21. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.23 billion. Timken had a net margin of 5.43% and a return on equity of 12.63%. The business’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, sell-side analysts predict that Timken Company will post 6.23 EPS for the current year.

Timken Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, August 18th. Timken’s dividend payout ratio (DPR) is presently 39.02%.

Analyst Ratings Changes

Several brokerages recently commented on TKR. The Goldman Sachs Group lifted their target price on shares of Timken from $128.00 to $142.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. Evercore restated an “outperform” rating and set a $158.00 price target on shares of Timken in a report on Monday, May 11th. DA Davidson started coverage on Timken in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $130.00 price target on the stock. Citigroup lifted their price objective on Timken from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Oppenheimer boosted their price objective on Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $150.00.

Timken Profile

The Timken Company is a global manufacturer specializing in engineered bearings and mechanical power transmission products. Its core offerings include tapered and cylindrical roller bearings, spherical and plain bearings, mounted bearing units, and precision gear drives. Timken’s products serve a broad range of industries, from industrial machinery and aerospace to automotive, rail, wind energy and heavy equipment.

Beyond bearings, Timken’s portfolio extends to industrial chains, belts, couplings and related components designed to optimize power transmission systems.