SG Americas Securities LLC Has $6.44 Million Position in Timken Company (The) $TKR

SG Americas Securities LLC boosted its holdings in Timken Company (The) (NYSE:TKR) by 714.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,598 shares of the industrial products company’s stock after buying an additional 67,193 shares during the quarter. SG Americas Securities LLC’s holdings in Timken were worth $6,444,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. UBS Group AG increased its stake in shares of Timken by 734.7% in the third quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock valued at $171,880,000 after buying an additional 2,012,352 shares during the period. Invesco Ltd. raised its position in shares of Timken by 124.5% during the third quarter. Invesco Ltd. now owns 1,358,154 shares of the industrial products company’s stock worth $102,106,000 after acquiring an additional 753,275 shares during the last quarter. Brandes Investment Partners LP lifted its stake in shares of Timken by 358.8% in the second quarter. Brandes Investment Partners LP now owns 513,641 shares of the industrial products company’s stock worth $37,265,000 after acquiring an additional 401,694 shares during the period. Bank of New York Mellon Corp boosted its holdings in Timken by 34.8% in the third quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company’s stock valued at $112,256,000 after acquiring an additional 385,389 shares during the last quarter. Finally, Keybank National Association OH boosted its holdings in Timken by 107.8% in the third quarter. Keybank National Association OH now owns 727,777 shares of the industrial products company’s stock valued at $54,714,000 after acquiring an additional 377,607 shares during the last quarter. 89.08% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Timken news, Director Richard G. Kyle sold 19,636 shares of Timken stock in a transaction on Friday, February 20th. The shares were sold at an average price of $107.99, for a total value of $2,120,491.64. Following the completion of the sale, the director directly owned 243,636 shares of the company’s stock, valued at approximately $26,310,251.64. The trade was a 7.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 8.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on TKR. DA Davidson raised their price target on shares of Timken from $86.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Citigroup upped their price objective on shares of Timken from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Oppenheimer set a $108.00 price objective on shares of Timken in a research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a research note on Wednesday, January 21st. Finally, Morgan Stanley boosted their target price on shares of Timken from $116.00 to $119.00 and gave the company an “overweight” rating in a report on Monday. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Timken has a consensus rating of “Hold” and a consensus target price of $95.22.

Timken Trading Up 4.7%

Shares of TKR stock opened at $100.45 on Wednesday. Timken Company has a fifty-two week low of $56.20 and a fifty-two week high of $111.39. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82. The stock has a 50 day simple moving average of $101.62 and a two-hundred day simple moving average of $88.19. The company has a market cap of $7.01 billion, a P/E ratio of 24.44, a PEG ratio of 1.40 and a beta of 1.18.

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

Timken Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Tuesday, February 24th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, February 24th. Timken’s dividend payout ratio (DPR) is presently 34.06%.

Timken Company 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.