United Capital Financial Advisors LLC Invests $701,000 in Timken Company (The) $TKR

United Capital Financial Advisors LLC acquired a new stake in Timken Company (The) (NYSE:TKR) in the second quarter, Holdings Channel.com reports. The fund acquired 4,825 shares of the industrial products company’s stock, valued at approximately $701,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Wealth Advisors LLC boosted its holdings in Timken by 4.3% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,537 shares of the industrial products company’s stock valued at $255,000 after acquiring an additional 104 shares during the period. Parallel Advisors LLC increased its stake in Timken by 4.1% during the first quarter. Parallel Advisors LLC now owns 2,970 shares of the industrial products company’s stock worth $299,000 after purchasing an additional 116 shares during the period. Parvin Asset Management LLC increased its stake in Timken by 16.5% during the first quarter. Parvin Asset Management LLC now owns 920 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 130 shares during the period. Quadrant Capital Group LLC lifted its position in shares of Timken by 3.2% during the third quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company’s stock worth $325,000 after purchasing an additional 132 shares in the last quarter. Finally, Hilltop Holdings Inc. lifted its position in shares of Timken by 3.7% during the third quarter. Hilltop Holdings Inc. now owns 3,997 shares of the industrial products company’s stock worth $300,000 after purchasing an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 89.08% of the company’s stock.

Insider Activity at Timken

In other news, Director Ajita G. Rajendra sold 8,450 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following the completion of the transaction, the director directly owned 20,225 shares of the company’s stock, valued at approximately $2,656,351.50. This represents a 29.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard G. Kyle sold 13,637 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $126.63, for a total value of $1,726,853.31. Following the transaction, the director directly owned 183,724 shares of the company’s stock, valued at approximately $23,264,970.12. This trade represents a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 8.10% of the company’s stock.

Timken Stock Up 0.2%

TKR stock opened at $121.05 on Monday. The stock has a market capitalization of $8.39 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 1.42 and a beta of 1.21. The company has a fifty day moving average of $135.03 and a 200-day moving average of $120.31. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. Timken Company has a one year low of $70.57 and a one year high of $146.37.

Timken (NYSE:TKR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.21. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.12 earnings per share. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, analysts expect that Timken Company will post 6.25 EPS for the current year.

Timken Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, August 18th. Timken’s payout ratio is currently 39.02%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Citigroup increased their target price on shares of Timken from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded Timken from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. upped their price objective on Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. The Goldman Sachs Group increased their price objective on Timken from $128.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Finally, KeyCorp lifted their target price on Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

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.