4,600 Shares in Timken Company (The) $TKR Acquired by Stonehage Fleming Financial Services Holdings Ltd

Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Timken Company (The) (NYSE:TKR) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,600 shares of the industrial products company’s stock, valued at approximately $668,000.

Several other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Timken during the 2nd quarter valued at $869,997,000. Dimensional Fund Advisors LP increased its stake in shares of Timken by 8.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,886,955 shares of the industrial products company’s stock worth $290,320,000 after purchasing an additional 214,845 shares in the last quarter. UBS Group AG raised its holdings in Timken by 734.7% in the 3rd quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock worth $171,880,000 after purchasing an additional 2,012,352 shares during the period. Victory Capital Management Inc. lifted its position in Timken by 15.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,843,042 shares of the industrial products company’s stock valued at $155,055,000 after purchasing an additional 247,000 shares in the last quarter. Finally, Invesco Ltd. lifted its position in Timken by 1.0% during the fourth quarter. Invesco Ltd. now owns 1,371,613 shares of the industrial products company’s stock valued at $115,394,000 after purchasing an additional 13,459 shares in the last quarter. 89.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. DA Davidson set a $130.00 price target on Timken in a research report on Friday, August 14th. JPMorgan Chase & Co. lifted their price objective on Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Citigroup lifted their price objective on Timken from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Oppenheimer increased their target price on shares of Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Finally, Weiss Ratings upgraded shares of Timken from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 20th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

Insider Activity at Timken

In related news, Director Ajita G. Rajendra sold 8,450 shares of Timken stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following the completion of the transaction, the director directly owned 20,225 shares of the company’s stock, valued at approximately $2,656,351.50. The trade was a 29.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard G. Kyle sold 13,637 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the completion of the sale, the director directly 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 SEC filing for this sale provides additional information. 8.10% of the stock is owned by company insiders.

Timken Price Performance

TKR stock opened at $124.41 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. The company’s fifty day moving average price is $135.44 and its 200-day moving average price is $120.23. Timken Company has a one year low of $70.57 and a one year high of $146.37. The company has a market capitalization of $8.62 billion, a PE ratio of 33.71, a price-to-earnings-growth ratio of 1.48 and a beta of 1.21.

Timken (NYSE:TKR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.62 by $0.21. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Timken had a net margin of 5.43% and a return on equity of 12.63%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. On average, equities analysts anticipate that Timken Company will post 6.25 EPS for the current fiscal year.

Timken Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. Timken’s dividend payout ratio is 39.02%.

Timken Company 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.