Timken Company (The) $TKR Stock Sold by State of Wyoming

State of Wyoming reduced its position in Timken Company (The) (NYSE:TKR) by 68.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,160 shares of the industrial products company’s stock after selling 6,931 shares during the period. State of Wyoming’s holdings in Timken were worth $369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of TKR. BlackRock Inc. purchased a new stake in Timken during the second quarter valued at $869,997,000. Dimensional Fund Advisors LP boosted its position in Timken by 8.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,886,955 shares of the industrial products company’s stock worth $290,320,000 after purchasing an additional 214,845 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Timken in the second quarter worth about $140,755,000. William Blair Investment Management LLC bought a new stake in shares of Timken during the 2nd quarter valued at about $138,757,000. Finally, Nykredit A S bought a new stake in shares of Timken during the 2nd quarter valued at about $108,692,000. Institutional investors own 89.08% of the company’s stock.

Insider Activity

In related news, Director Richard Kyle sold 13,637 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $126.63, for a total transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 8.10% of the company’s stock.

Timken Trading Down 7.7%

Shares of Timken stock opened at $106.79 on Thursday. The company has a market capitalization of $7.40 billion, a P/E ratio of 28.94, a P/E/G ratio of 1.28 and a beta of 1.19. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. The company has a fifty day moving average of $116.49 and a 200 day moving average of $117.36. Timken Company has a fifty-two week low of $73.62 and a fifty-two week high of $146.37.

Timken (NYSE:TKR) last posted its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.17. Timken had a return on equity of 12.63% and a net margin of 5.43%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the firm earned $1.37 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts anticipate that Timken Company will post 6.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TKR. The Goldman Sachs Group boosted their target price on shares of Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. Weiss Ratings upgraded shares of Timken from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 20th. Oppenheimer reissued an “outperform” rating and set a $150.00 price objective on shares of Timken in a research report on Thursday, October 1st. Wall Street Zen upgraded Timken from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. Finally, Jefferies Financial Group set a $135.00 price objective on Timken in a research note on Tuesday, September 1st. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $145.00.

Timken News Roundup

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Adjusted EPS was $1.65, ahead of analyst estimates of about $1.47–$1.48 and up from $1.37 a year earlier. Timken also reported sales of $1.21 billion, up 4.7% year over year. Timken third-quarter results
• Positive Sentiment: The company raised its 2026 outlook, now forecasting diluted EPS of $4.05–$4.20 and adjusted EPS of $6.35–$6.50. It generated $256 million in operating cash flow and $221 million in free cash flow during the quarter. Timken third-quarter results
• Neutral Sentiment: Revenue was in line with the $1.21 billion consensus, so the earnings beat came from profitability rather than stronger-than-expected sales. Timken Q3 earnings estimates
• Negative Sentiment: TKR traded lower despite the earnings beat and improved outlook. The provided reports do not cite a definitive negative catalyst; the muted sales surprise or investor expectations may have weighed on the reaction, but that remains uncertain.

Timken Profile

Timken is an industrial manufacturer that designs and produces engineered bearings and power transmission products. Its offerings include tapered and spherical roller bearings, precision bearings, seals, lubrication systems, gears, belts, chains, couplings, and other components used to manage friction, motion, and power transmission.

The company serves customers across a range of industries, including industrial machinery, renewable energy, transportation, aerospace, defense, agriculture, construction, and energy.