John Timken, Jr. Sells 15,000 Shares of Timken (NYSE:TKR) Stock

Timken Company (The) (NYSE:TKR) Director John Timken, Jr. sold 15,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the sale, the director directly owned 264,744 shares in the company, valued at $30,845,323.44. This trade represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Timken Price Performance

Shares of TKR opened at $115.66 on Thursday. The firm has a market capitalization of $8.04 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 1.60 and a beta of 1.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.88 and a quick ratio of 1.55. Timken Company has a 1-year low of $67.14 and a 1-year high of $123.67. The company’s fifty day moving average price is $104.70 and its 200-day moving average price is $94.81.

Timken (NYSE:TKR) last announced its quarterly earnings data 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 firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.17 billion. Timken had a net margin of 6.60% and a return on equity of 11.84%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, equities research analysts predict that Timken Company will post 6 EPS for the current year.

Timken Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders 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 dividend yield of 1.2%. This is a boost from Timken’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Tuesday, May 19th. Timken’s dividend payout ratio is presently 31.82%.

Analyst Upgrades and Downgrades

TKR has been the topic of a number of research analyst reports. Evercore reissued an “outperform” rating and set a $158.00 price objective on shares of Timken in a report on Monday. Oppenheimer boosted their price objective on shares of Timken from $117.00 to $132.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a report on Monday, April 20th. Citigroup boosted their target price on shares of Timken from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, KeyCorp boosted their target price on shares of Timken from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Timken currently has a consensus rating of “Hold” and an average price target of $129.88.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TKR. Gordian Capital Singapore Pte Ltd acquired a new position in Timken during the fourth quarter valued at $25,000. Clearstead Advisors LLC lifted its position 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 purchasing an additional 172 shares during the period. Eastern Bank acquired a new position in Timken during the fourth quarter valued at $27,000. V Square Quantitative Management LLC acquired a new position in Timken during the fourth quarter valued at $31,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Timken in the second quarter worth about $42,000. 89.08% of the stock is currently owned by institutional investors and hedge funds.

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.