Timken (NYSE:TKR) Director Richard Kyle Sells 8,448 Shares

Timken Company (The) (NYSE:TKR) Director Richard Kyle sold 8,448 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $127.35, for a total value of $1,075,852.80. Following the completion of the transaction, the director directly owned 197,361 shares in the company, valued at $25,133,923.35. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Timken Trading Up 0.9%

Shares of TKR opened at $127.96 on Friday. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $8.89 billion, a P/E ratio of 29.08, a price-to-earnings-growth ratio of 1.52 and a beta of 1.18. The stock’s fifty day simple moving average is $109.21 and its 200 day simple moving average is $98.20. Timken Company has a twelve month low of $67.14 and a twelve month high of $128.61.

Timken (NYSE:TKR) last issued its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.17. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.17 billion. Timken had a return on equity of 11.84% and a net margin of 6.60%.The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the company posted $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, equities research analysts forecast that Timken Company will post 6.13 earnings per share for the current year.

Timken Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.1%. This is a boost from Timken’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, May 19th. Timken’s dividend payout ratio is 32.73%.

Key Stories Impacting Timken

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks Research raised multiple earnings estimates for Timken, including FY2026, FY2027, and several quarterly forecasts, signaling improved expectations for the company’s profitability. Timken stock page
• Positive Sentiment: The stock recently hit a 52-week high after management outlined growth targets, margin expansion plans, and acquisition-driven portfolio expansion at Investor Day, which appears to be fueling the bullish move. Timken Stock Hits 52-Week High: What’s Driving Its Performance?
• Neutral Sentiment: Director Richard G. Kyle disclosed a sale of 8,448 shares at an average price of $127.35. While insider selling can sometimes weigh on sentiment, the transaction was relatively modest versus his remaining stake and does not necessarily indicate a change in outlook. SEC Form 4 filing

Institutional Investors Weigh In On Timken

A number of hedge funds have recently made changes to their positions in TKR. Royal Bank of Canada lifted its holdings in shares of Timken by 44.2% in the 1st quarter. Royal Bank of Canada now owns 90,550 shares of the industrial products company’s stock worth $6,508,000 after acquiring an additional 27,750 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Timken by 147.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 355,765 shares of the industrial products company’s stock worth $25,569,000 after acquiring an additional 211,718 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Timken by 7.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,872 shares of the industrial products company’s stock worth $16,305,000 after acquiring an additional 16,000 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Timken by 18.7% in the 2nd quarter. Prudential Financial Inc. now owns 6,815 shares of the industrial products company’s stock worth $494,000 after acquiring an additional 1,075 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Timken by 241.7% in the 2nd quarter. Invesco Ltd. now owns 604,879 shares of the industrial products company’s stock worth $43,884,000 after acquiring an additional 427,879 shares during the last quarter. 89.08% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wall Street Zen raised Timken from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. KeyCorp raised their price objective on Timken from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Oppenheimer raised their price objective on Timken from $132.00 to $137.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Morgan Stanley set a $140.00 price objective on Timken in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. upgraded Timken from a “neutral” rating to an “overweight” rating and raised their target price for the company from $130.00 to $150.00 in a research note on Tuesday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $139.13.

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.