Timken (NYSE:TKR) Director Richard Kyle Sells 10,000 Shares

Timken Company (The) (NYSE:TKR) Director Richard Kyle sold 10,000 shares of Timken stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $106.72, for a total value of $1,067,200.00. Following the completion of the transaction, the director owned 263,272 shares in the company, valued at approximately $28,096,387.84. This represents a 3.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Timken Trading Down 0.5%

Shares of NYSE TKR traded down $0.50 during midday trading on Monday, reaching $107.66. The company had a trading volume of 679,581 shares, compared to its average volume of 862,622. The stock has a market cap of $7.49 billion, a PE ratio of 26.19, a price-to-earnings-growth ratio of 1.59 and a beta of 1.21. Timken Company has a one year low of $56.20 and a one year high of $111.39. The firm’s fifty day moving average price is $94.14 and its 200-day moving average price is $83.45. The company has a quick ratio of 1.47, a current ratio of 2.82 and a debt-to-equity ratio of 0.56.

Timken (NYSE:TKR) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.14 EPS 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 analysts’ expectations of $1.07 billion. Timken had a return on equity of 11.52% and a net margin of 6.29%.The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm 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 earnings per share for the current year.

Timken Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 24th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, February 24th. Timken’s dividend payout ratio is currently 34.06%.

Analysts Set New Price Targets

Several brokerages have recently commented on TKR. 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. JPMorgan Chase & Co. boosted their price target on Timken from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. DA Davidson increased their price objective on Timken from $86.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut Timken from a “buy” rating to a “hold” rating in a research note on Saturday. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Timken has a consensus rating of “Hold” and a consensus target price of $93.78.

Institutional Trading of Timken

Several large investors have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in shares of Timken by 1.0% during the 4th quarter. Invesco Ltd. now owns 1,371,613 shares of the industrial products company’s stock worth $115,394,000 after acquiring an additional 13,459 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Timken by 111.8% in the 4th quarter. Corient Private Wealth LLC now owns 17,933 shares of the industrial products company’s stock valued at $1,517,000 after purchasing an additional 9,465 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Timken by 6.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 47,807 shares of the industrial products company’s stock valued at $4,022,000 after purchasing an additional 2,939 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Timken during the fourth quarter valued at approximately $231,000. Finally, Empowered Funds LLC grew its stake in Timken by 106.3% in the fourth quarter. Empowered Funds LLC now owns 7,788 shares of the industrial products company’s stock worth $655,000 after purchasing an additional 4,012 shares during the period. 89.08% of the stock is owned by institutional investors.

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.