First National Bank of Omaha Acquires Shares of 36,437 Timken Company (The) $TKR

First National Bank of Omaha bought a new position in Timken Company (The) (NYSE:TKR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 36,437 shares of the industrial products company’s stock, valued at approximately $2,739,000. First National Bank of Omaha owned about 0.05% of Timken at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TKR. Cooke & Bieler LP increased its holdings in Timken by 341.0% in the 2nd quarter. Cooke & Bieler LP now owns 1,106,981 shares of the industrial products company’s stock worth $80,311,000 after acquiring an additional 855,961 shares during the last quarter. American Century Companies Inc. boosted its position in Timken by 13.4% during the second quarter. American Century Companies Inc. now owns 3,845,175 shares of the industrial products company’s stock worth $278,968,000 after purchasing an additional 455,050 shares during the period. Invesco Ltd. increased its stake in shares of Timken by 241.7% in the second quarter. Invesco Ltd. now owns 604,879 shares of the industrial products company’s stock worth $43,884,000 after purchasing an additional 427,879 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Timken by 57.3% in the second quarter. Bank of New York Mellon Corp now owns 1,107,778 shares of the industrial products company’s stock worth $80,369,000 after purchasing an additional 403,629 shares in the last quarter. Finally, Brandes Investment Partners LP raised its position in shares of Timken by 358.8% in the second quarter. Brandes Investment Partners LP now owns 513,641 shares of the industrial products company’s stock valued at $37,265,000 after purchasing an additional 401,694 shares during the period. Hedge funds and other institutional investors own 89.08% of the company’s stock.

Timken Price Performance

NYSE:TKR opened at $107.35 on Thursday. Timken Company has a 52-week low of $56.20 and a 52-week high of $111.39. The stock has a fifty day moving average of $93.35 and a 200 day moving average of $82.91. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82. The firm has a market capitalization of $7.46 billion, a price-to-earnings ratio of 26.12, a P/E/G ratio of 1.55 and a beta of 1.21.

Timken (NYSE:TKR) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.05. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Timken had a return on equity of 11.52% and a net margin of 6.29%.The company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $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 fiscal year.

Timken Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Tuesday, February 24th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, February 24th. Timken’s payout ratio is currently 34.06%.

Analyst Ratings Changes

TKR has been the subject of several analyst reports. Morgan Stanley raised their price objective on shares of Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Oppenheimer set a $108.00 price target on Timken in a report on Thursday, February 5th. Wall Street Zen upgraded Timken from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. DA Davidson increased their price objective on Timken from $86.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $88.00 target price on shares of Timken in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $93.78.

Insider Activity

In related news, Director Richard G. Kyle sold 15,837 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $81.03, for a total value of $1,283,272.11. Following the transaction, the director owned 266,942 shares of the company’s stock, valued at $21,630,310.26. This represents a 5.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 8.70% of the company’s stock.

Timken 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.