Van Den Berg Management I Inc. Increases Stock Position in Timken Company (The) $TKR

Van Den Berg Management I Inc. raised its holdings in Timken Company (The) (NYSE:TKR) by 43.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 59,686 shares of the industrial products company’s stock after purchasing an additional 18,011 shares during the quarter. Van Den Berg Management I Inc.’s holdings in Timken were worth $5,021,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its position in shares of Timken by 55.4% during the 4th quarter. Captrust Financial Advisors now owns 9,148 shares of the industrial products company’s stock worth $770,000 after purchasing an additional 3,262 shares during the last quarter. &PARTNERS raised its position in shares of Timken by 26.1% during the 4th quarter. &PARTNERS now owns 10,884 shares of the industrial products company’s stock worth $915,000 after purchasing an additional 2,253 shares during the last quarter. Graham Capital Management L.P. acquired a new position in shares of Timken during the 4th quarter worth approximately $3,020,000. Aster Capital Management DIFC Ltd raised its position in shares of Timken by 106.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,129 shares of the industrial products company’s stock worth $263,000 after purchasing an additional 1,616 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in Timken by 23.1% in the 4th quarter. MML Investors Services LLC now owns 8,659 shares of the industrial products company’s stock worth $729,000 after acquiring an additional 1,623 shares during the period. Hedge funds and other institutional investors own 89.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on TKR shares. The Goldman Sachs Group set a $128.00 target price on shares of Timken in a research note on Friday, May 22nd. DA Davidson started coverage on shares of Timken in a research note on Tuesday. They issued a “neutral” rating and a $130.00 target price for the company. Wall Street Zen raised shares of Timken from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Oppenheimer lifted their target price on shares of Timken from $137.00 to $147.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, JPMorgan Chase & Co. raised shares of Timken from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $130.00 to $150.00 in a research note on Tuesday, May 26th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $141.63.

Insider Activity

In other news, Director Richard G. Kyle sold 8,448 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $127.35, for a total value of $1,075,852.80. Following the sale, the director owned 197,361 shares in the company, valued at approximately $25,133,923.35. This represents a 4.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John M. Timken, Jr. sold 15,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the sale, the director owned 264,744 shares in the company, valued at approximately $30,845,323.44. This trade represents a 5.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 69,079 shares of company stock worth $8,296,144. 8.10% of the stock is currently owned by corporate insiders.

Timken Stock Up 1.1%

Shares of Timken stock opened at $140.67 on Wednesday. Timken Company has a twelve month low of $69.25 and a twelve month high of $142.92. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. The stock has a market cap of $9.78 billion, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 1.67 and a beta of 1.21. The company has a fifty day moving average price of $117.75 and a 200 day moving average price of $103.16.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.17. Timken had a net margin of 6.60% and a return on equity of 11.84%. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the previous year, the business posted $1.40 EPS. The firm’s revenue was up 8.0% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Equities research analysts forecast that Timken Company will post 6.13 earnings per share for the current fiscal year.

Timken Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were issued a $0.36 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. This is an increase from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio (DPR) is presently 32.73%.

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.