Key Points
- Director Richard Kyle sold 10,000 shares of Timken on Feb. 19 at an average price of $106.72 for about $1.07 million, cutting his stake by 3.66% to 263,272 shares (≈$28.1M).
- Timken beat quarterly estimates, reporting $1.14 EPS vs. $1.09 expected and $1.11B in revenue vs. $1.07B, and set FY2026 guidance of $5.50–$6.00 EPS (consensus ~5.62).
- Dividend and valuation snapshot: the company declared a $0.35 quarterly dividend (annualized $1.40, 1.3% yield; ex-dividend Feb. 24, payable Mar. 6) and the stock trades around $107.66 with a market cap of roughly $7.5B.
Timken Company (The) (NYSE:TKR - Get Free Report) Director Richard Kyle sold 10,000 shares of the company's stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $106.72, for a total transaction 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. The trade was a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Timken Trading Down 0.5%
Shares of TKR opened at $107.66 on Tuesday. Timken Company has a 1-year low of $56.20 and a 1-year high of $111.39. The company has a 50-day moving average of $94.55 and a 200 day moving average of $83.68. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 1.59 and a beta of 1.21. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.82 and a quick ratio of 1.47.
Timken (NYSE:TKR - Get Free Report) last issued its 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 the consensus estimate of $1.07 billion. Timken had a net margin of 6.29% and a return on equity of 11.52%. The company's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.16 EPS. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, research analysts expect that Timken Company will post 5.62 EPS for the current year.
Timken Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Tuesday, February 24th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. Timken's payout ratio is 34.06%.
Institutional Trading of Timken
Institutional investors have recently modified their holdings of the company. Uncommon Cents Investing LLC grew its position in shares of Timken by 0.5% in the 4th quarter. Uncommon Cents Investing LLC now owns 27,465 shares of the industrial products company's stock worth $2,311,000 after buying an additional 125 shares during the last quarter. CWM LLC grew its holdings in Timken by 31.4% in the second quarter. CWM LLC now owns 527 shares of the industrial products company's stock worth $38,000 after purchasing an additional 126 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of Timken by 3.2% during the third quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company's stock worth $325,000 after purchasing an additional 132 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Timken by 1.3% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 10,889 shares of the industrial products company's stock valued at $819,000 after purchasing an additional 139 shares during the last quarter. Finally, Hilltop Holdings Inc. boosted its position in shares of Timken by 3.7% in the 3rd quarter. Hilltop Holdings Inc. now owns 3,997 shares of the industrial products company's stock worth $300,000 after purchasing an additional 142 shares in the last quarter. 89.08% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on TKR shares. The Goldman Sachs Group reissued a "neutral" rating and set a $88.00 price target on shares of Timken in a research report on Thursday, October 30th. JPMorgan Chase & Co. raised their target price on shares of Timken from $85.00 to $90.00 and gave the company a "neutral" rating in a research report on Thursday, February 5th. DA Davidson upped their price target on shares of Timken from $86.00 to $108.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 10th. Oppenheimer set a $108.00 price objective on shares of Timken in a research note on Thursday, February 5th. Finally, Morgan Stanley boosted their price objective on shares of Timken from $105.00 to $116.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $93.78.
Read Our Latest Stock Analysis on TKR
About Timken
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
