Key Points
- Timken director Richard Kyle sold 13,637 shares at an average price of $126.63, generating approximately $1.73 million. The sale reduced his ownership by 6.91%, leaving him with 183,724 shares.
- Timken reported quarterly EPS of $1.83, beating estimates of $1.62, while revenue rose 7.5% year over year to $1.26 billion. The company guided for fiscal 2026 EPS of $6.05–$6.35.
- The company declared a quarterly dividend of $0.36 per share, equivalent to a 1.1% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $150.
Timken Company (The) (NYSE:TKR - Get Free Report) Director Richard Kyle sold 13,637 shares of the company's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the completion of the transaction, the director owned 183,724 shares in the company, valued at $23,264,970.12. This trade represents a 6.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Timken Price Performance
Shares of Timken stock opened at $128.57 on Wednesday. Timken Company has a twelve month low of $70.57 and a twelve month high of $146.37. The company has a quick ratio of 1.74, a current ratio of 3.10 and a debt-to-equity ratio of 0.61. The company has a 50-day simple moving average of $137.61 and a two-hundred day simple moving average of $117.60. The stock has a market capitalization of $8.91 billion, a price-to-earnings ratio of 34.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.21.
Timken (NYSE:TKR - Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.21. Timken had a net margin of 5.43% and a return on equity of 12.63%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the business posted $1.12 EPS. The business's revenue was up 7.5% compared to the same quarter last year. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Analysts forecast that Timken Company will post 6.23 EPS for the current year.
Timken Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Timken's dividend payout ratio is currently 39.02%.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd acquired a new position in Timken during the fourth quarter valued at approximately $25,000. Clearstead Advisors LLC boosted its holdings in shares of Timken by 130.3% in the 4th 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 in the last quarter. V Square Quantitative Management LLC bought a new position in shares of Timken in the 4th quarter valued at $31,000. Allworth Financial LP bought a new position in shares of Timken in the 2nd quarter valued at $37,000. Finally, Elevation Wealth Partners LLC raised its holdings in shares of Timken by 420.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company's stock worth $38,000 after buying an additional 210 shares in the last quarter. 89.08% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several brokerages have weighed in on TKR. Oppenheimer lifted their price objective on Timken from $147.00 to $150.00 and gave the company an "outperform" rating in a report on Tuesday, July 21st. DA Davidson started coverage on Timken in a report on Tuesday, June 16th. They set a "neutral" rating and a $130.00 target price on the stock. Evercore restated an "outperform" rating and issued a $158.00 price target on shares of Timken in a research report on Monday, May 11th. KeyCorp boosted their price target on Timken from $140.00 to $160.00 and gave the company an "overweight" rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Timken from $150.00 to $160.00 and gave the stock an "overweight" rating in a research report on Monday, July 13th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Timken currently has an average rating of "Moderate Buy" and an average price target of $150.00.
Get Our Latest Stock Analysis on Timken
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.
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