Key Points
- Director Richard Kyle sold 8,448 Timken shares at an average price of $127.35, totaling about $1.08 million. After the sale, he still held 197,361 shares, and the transaction reduced his ownership by 4.1%.
- Timken reported strong quarterly results, posting EPS of $1.67 versus the $1.50 consensus and revenue of $1.23 billion versus the $1.17 billion estimate. Revenue rose 8% year over year, and the company reiterated FY2026 EPS guidance of 5.75 to 6.25.
- The company raised its quarterly dividend to $0.36 per share from $0.35, equal to an annualized payout of $1.44 and a yield of about 1.1%. Timken also remains supported by analyst optimism, with a consensus rating of “Moderate Buy” and a price target of $139.13.
Timken Company (The) (NYSE:TKR - Get Free Report) Director Richard Kyle sold 8,448 shares of Timken stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $127.35, for a total transaction of $1,075,852.80. Following the completion of the transaction, the director directly owned 197,361 shares in the company, valued at approximately $25,133,923.35. The trade was a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Timken Stock Up 0.9%
Shares of NYSE TKR opened at $127.96 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 0.60. Timken Company has a 52 week low of $67.14 and a 52 week high of $128.61. The firm's fifty day moving average is $109.21 and its 200 day moving average is $98.20. The company has a market cap of $8.89 billion, a price-to-earnings ratio of 29.08, a PEG ratio of 1.52 and a beta of 1.18.
Timken (NYSE:TKR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.50 by $0.17. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.17 billion. Timken had a net margin of 6.60% and a return on equity of 11.84%. The company's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, equities research analysts expect that Timken Company will post 6.13 earnings per share for the current year.
Timken Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th were given a $0.36 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Timken's previous quarterly dividend of $0.35. Timken's payout ratio is currently 32.73%.
Hedge Funds Weigh In On Timken
Institutional investors have recently made changes to their positions in the business. Fifth Third Wealth Advisors LLC lifted its holdings in Timken by 4.3% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,537 shares of the industrial products company's stock valued at $255,000 after purchasing an additional 104 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Timken by 4.1% during the 1st quarter. Parallel Advisors LLC now owns 2,970 shares of the industrial products company's stock worth $299,000 after acquiring an additional 116 shares during the period. Uncommon Cents Investing LLC raised its holdings in shares of Timken by 0.5% during the 4th quarter. Uncommon Cents Investing LLC now owns 27,465 shares of the industrial products company's stock worth $2,311,000 after acquiring an additional 125 shares during the period. Parvin Asset Management LLC raised its holdings in shares of Timken by 16.5% during the 1st quarter. Parvin Asset Management LLC now owns 920 shares of the industrial products company's stock worth $93,000 after acquiring an additional 130 shares during the period. Finally, Quadrant Capital Group LLC raised its holdings in shares of Timken by 3.2% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company's stock worth $325,000 after acquiring an additional 132 shares during the period. Institutional investors own 89.08% of the company's stock.
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
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the stock. Oppenheimer upped their price target on shares of Timken from $132.00 to $137.00 and gave the stock an "outperform" rating in a research note on Friday, May 22nd. Wall Street Zen upgraded shares of Timken from a "hold" rating to a "buy" rating in a research note on Sunday, March 1st. KeyCorp upped their price target on shares of Timken from $130.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, May 7th. Morgan Stanley set a $140.00 price target on shares of Timken in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group set a $128.00 price target on shares of Timken in a research note on Friday, May 22nd. Six research analysts have rated the stock with a Buy rating and three have issued 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.
Check Out Our Latest Stock Report on TKR
Timken Company Profile
(
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.
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