Timken (NYSE:TKR) Director Richard Kyle Sells 19,636 Shares

Timken Company (The) (NYSE:TKR) Director Richard Kyle sold 19,636 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $107.99, for a total transaction of $2,120,491.64. Following the transaction, the director owned 243,636 shares of the company’s stock, valued at $26,310,251.64. This trade represents a 7.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Timken Trading Up 1.4%

Shares of TKR stock opened at $109.37 on Wednesday. The company has a market capitalization of $7.61 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 1.58 and a beta of 1.21. Timken Company has a 52-week low of $56.20 and a 52-week high of $111.39. The business’s fifty day moving average is $95.02 and its 200 day moving average is $83.93. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82.

Timken (NYSE:TKR) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.07 billion. Timken had a return on equity of 11.52% and a net margin of 6.29%.The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.16 EPS. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, equities research analysts anticipate that Timken Company will post 5.62 EPS for the current fiscal year.

Timken Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Tuesday, February 24th will be given a dividend of $0.35 per share. The ex-dividend date is Tuesday, February 24th. This represents a $1.40 annualized dividend and a yield of 1.3%. Timken’s payout ratio is presently 34.06%.

Institutional Investors Weigh In On Timken

Several institutional investors and hedge funds have recently modified their holdings of the stock. Uncommon Cents Investing LLC increased its position in shares of Timken by 0.5% during the fourth quarter. Uncommon Cents Investing LLC now owns 27,465 shares of the industrial products company’s stock valued at $2,311,000 after buying an additional 125 shares during the period. CWM LLC boosted its position in Timken by 31.4% during the 2nd quarter. CWM LLC now owns 527 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 126 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Timken by 3.2% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company’s stock worth $325,000 after acquiring an additional 132 shares during the period. Kornitzer Capital Management Inc. KS raised its position in shares of Timken by 1.3% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 10,889 shares of the industrial products company’s stock worth $819,000 after acquiring an additional 139 shares in the last quarter. Finally, Hilltop Holdings Inc. lifted its stake in shares of Timken by 3.7% in the 3rd quarter. Hilltop Holdings Inc. now owns 3,997 shares of the industrial products company’s stock valued at $300,000 after purchasing an additional 142 shares during the period. 89.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TKR shares. Oppenheimer set a $108.00 price objective on shares of Timken in a report on Thursday, February 5th. DA Davidson raised their price target on Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Citigroup upped their price objective on Timken from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. The Goldman Sachs Group reiterated a “neutral” rating and set a $88.00 price objective on shares of Timken in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. boosted their target price on Timken from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Timken has an average rating of “Hold” and a consensus price target of $93.78.

About Timken

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.