Tocqueville Asset Management L.P. Invests $4.51 Million in Timken Company (The) $TKR

Tocqueville Asset Management L.P. bought a new stake in shares of Timken Company (The) (NYSE:TKR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 31,007 shares of the industrial products company’s stock, valued at approximately $4,506,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Gordian Capital Singapore Pte Ltd purchased a new stake in Timken during the 4th quarter valued at approximately $25,000. Clearstead Advisors LLC grew its stake in Timken by 130.3% during the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 172 shares in the last quarter. Elevation Wealth Partners LLC grew its stake in Timken by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 210 shares in the last quarter. Trust Co. of Vermont bought a new stake in Timken in the 2nd quarter valued at $41,000. Finally, Kestra Investment Management LLC bought a new stake in Timken in the 2nd quarter valued at $42,000. 89.08% of the stock is currently owned by institutional investors.

Timken Price Performance

NYSE:TKR opened at $124.45 on Friday. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 1.48 and a beta of 1.21. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.10 and a quick ratio of 1.74. The business has a 50 day simple moving average of $136.98 and a 200-day simple moving average of $119.36. Timken Company has a 1 year low of $70.57 and a 1 year high of $146.37.

Timken (NYSE:TKR) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.21. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%.The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Equities analysts forecast that Timken Company will post 6.26 EPS for the current year.

Timken Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. Timken’s payout ratio is 39.02%.

Key Headlines Impacting Timken

Here are the key news stories impacting Timken this week:

• Positive Sentiment: CNBC contributor Stephanie Link identified Timken as a relatively cheap “AI food chain” play, suggesting the company could benefit from demand for bearings and other industrial components used in data centers and related infrastructure. Stephanie Link is buying this little-known play on the AI food chain. And it’s cheap
• Neutral Sentiment: Zacks raised its FY2026 EPS forecast to $6.18 from $6.11, FY2027 EPS to $6.96 from $6.86, and made modest increases to estimates for the first and second quarters of 2027 and the fourth quarter of 2027. However, the revised FY2026 forecast remains slightly below the broader consensus estimate of $6.26.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $1.43 from $1.50 and its Q4 2026 forecast to $1.25 from $1.32. It also reduced its Q1 2028 estimate to $1.98 from $2.23 and FY2028 EPS to $8.26 from $8.50. The cuts imply softer near-term earnings expectations and may be the principal reason the stock has decreased.

Insider Buying and Selling at Timken

In other news, Director Richard G. Kyle sold 13,637 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $126.63, for a total value of $1,726,853.31. Following the completion of the sale, the director owned 183,724 shares in the company, valued at approximately $23,264,970.12. This trade represents a 6.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ajita G. Rajendra sold 8,450 shares of Timken stock in a transaction dated 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,535 shares of company stock worth $3,912,529. Insiders own 8.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. KeyCorp increased their price objective on shares of Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Morgan Stanley set a $140.00 target price on Timken in a report on Thursday, May 21st. Citigroup increased their price target on Timken from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Weiss Ratings downgraded Timken from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 5th. Finally, Oppenheimer upped their price target on shares of Timken from $147.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $150.00.

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.