Insider Selling: Timken (NYSE:TKR) Director Sells 8,448 Shares of Stock

Timken Company (The) (NYSE:TKR) Director Richard Kyle sold 8,448 shares of Timken 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 transaction, the director directly owned 197,361 shares of the company’s stock, valued at $25,133,923.35. The trade was a 4.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Timken Price Performance

TKR stock traded up $1.18 during mid-day trading on Friday, reaching $127.96. 964,265 shares of the company traded hands, compared to its average volume of 866,073. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.88 and a quick ratio of 1.55. The company has a market capitalization of $8.89 billion, a P/E ratio of 29.08, a P/E/G ratio of 1.53 and a beta of 1.18. Timken Company has a 52-week low of $67.14 and a 52-week high of $128.61. The company has a fifty day moving average price of $108.61 and a 200-day moving average price of $97.99.

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

Timken Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, May 19th. This is a boost from Timken’s previous quarterly dividend of $0.35. Timken’s payout ratio is presently 32.73%.

Key Timken News

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks Research raised Timken’s FY2026 EPS estimate to $6.04 and FY2027 EPS estimate to $6.73, reflecting better forward profit expectations. Timken stock report
• Positive Sentiment: The firm also lifted near-term and longer-term quarter estimates, including Q1 2028 EPS to $2.19 and FY2028 EPS to $8.50, reinforcing a stronger growth outlook. Timken stock report
• Positive Sentiment: Timken recently hit a 52-week high after investor-day commentary highlighted growth targets, margin expansion plans, and acquisition-driven portfolio expansion, which appears to be supporting investor confidence. Zacks article on Timken 52-week high
• Neutral Sentiment: Zacks made smaller upward adjustments to several other periods, including Q2 2026, Q1 2027, Q2 2027, and Q4 2027, suggesting steady but not dramatic changes in expectations. Timken stock report

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TKR shares. Evercore reaffirmed an “outperform” rating and set a $158.00 target price on shares of Timken in a report on Monday, May 11th. The Goldman Sachs Group set a $128.00 price objective on Timken in a report on Friday, May 22nd. Citigroup boosted their price objective on Timken from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Morgan Stanley set a $140.00 price objective on Timken in a report on Thursday, May 21st. Finally, Oppenheimer boosted their price objective on Timken from $132.00 to $137.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Timken presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.13.

Institutional Trading of Timken

Several hedge funds and other institutional investors have recently bought and sold shares of TKR. New York State Common Retirement Fund raised its holdings in shares of Timken by 6.3% during the third quarter. New York State Common Retirement Fund now owns 461,129 shares of the industrial products company’s stock valued at $34,668,000 after acquiring an additional 27,515 shares in the last quarter. Keybank National Association OH raised its holdings in shares of Timken by 107.8% during 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 in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Timken by 34.8% during 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 in the last quarter. Phocas Financial Corp. raised its holdings in shares of Timken by 81.2% during the fourth quarter. Phocas Financial Corp. now owns 88,967 shares of the industrial products company’s stock valued at $7,485,000 after acquiring an additional 39,871 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Timken during the third quarter valued at approximately $1,678,000. Hedge funds and other institutional investors own 89.08% of the company’s stock.

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.