Timken Company (The) $TKR Shares Sold by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC decreased its stake in shares of Timken Company (The) (NYSE:TKR) by 17.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 164,750 shares of the industrial products company’s stock after selling 34,675 shares during the period. Ceredex Value Advisors LLC’s holdings in Timken were worth $12,386,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in Timken in the 3rd quarter valued at about $25,000. SJS Investment Consulting Inc. grew its position in shares of Timken by 4,512.5% during the third quarter. SJS Investment Consulting Inc. now owns 369 shares of the industrial products company’s stock worth $28,000 after buying an additional 361 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Timken during the second quarter worth approximately $42,000. Bessemer Group Inc. raised its holdings in Timken by 305.6% in the third quarter. Bessemer Group Inc. now owns 718 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 541 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Timken by 1,954.3% in the second quarter. EverSource Wealth Advisors LLC now owns 719 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 684 shares in the last quarter. Institutional investors and hedge funds own 89.08% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Citigroup boosted their price target on shares of Timken from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. raised their price objective on shares of Timken from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Monday. Oppenheimer set a $108.00 target price on shares of Timken in a research note on Thursday, February 5th. DA Davidson increased their target price on Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Finally, Morgan Stanley raised their price target on Timken from $105.00 to $116.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $94.89.

Timken Price Performance

Shares of TKR opened at $102.23 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82. Timken Company has a fifty-two week low of $56.20 and a fifty-two week high of $111.39. The firm has a 50-day simple moving average of $98.95 and a 200-day simple moving average of $85.94. The company has a market capitalization of $7.11 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 1.48 and a beta of 1.18.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. Timken had a return on equity of 11.52% and a net margin of 6.29%.The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the firm earned $1.16 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, equities research analysts anticipate that Timken Company will post 5.62 earnings per share for the current year.

Timken Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Tuesday, February 24th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. Timken’s dividend payout ratio (DPR) is currently 34.06%.

Insiders Place Their Bets

In other Timken news, Director Richard G. Kyle sold 19,636 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $107.99, for a total value of $2,120,491.64. Following the transaction, the director directly owned 243,636 shares of the company’s stock, valued at approximately $26,310,251.64. The trade was a 7.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 8.37% of the stock is currently owned by company insiders.

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.