Richard Kyle Sells 8,448 Shares of Timken (NYSE:TKR) Stock

Timken Company (The) (NYSE:TKR) Director Richard Kyle sold 8,448 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $127.35, for a total value of $1,075,852.80. Following the transaction, the director directly owned 197,361 shares of the company’s stock, valued at $25,133,923.35. The trade was a 4.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Timken Trading Up 0.9%

TKR opened at $127.96 on Friday. Timken Company has a one year low of $67.14 and a one year high of $128.61. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 29.08, a PEG ratio of 1.54 and a beta of 1.18. The business has a 50 day simple moving average of $109.21 and a two-hundred day simple moving average of $98.20. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.88 and a quick ratio of 1.55.

Timken (NYSE:TKR) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.17. Timken had a return on equity of 11.84% and a net margin of 6.60%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the company earned $1.40 EPS. The business’s revenue was up 8.0% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Analysts predict that Timken Company will post 6.13 EPS for the current year.

Timken Increases Dividend

The company 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 annualized dividend and a dividend yield of 1.1%. This is an increase from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio is currently 32.73%.

Wall Street Analyst Weigh In

TKR has been the subject of several research reports. Oppenheimer increased their target price on Timken from $132.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Morgan Stanley set a $140.00 target price on Timken in a research report on Thursday, May 21st. Evercore reaffirmed an “outperform” rating and set a $158.00 price objective on shares of Timken in a research report on Monday, May 11th. Citigroup raised their price objective on Timken from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, The Goldman Sachs Group set a $128.00 target price on Timken in a report on Friday, May 22nd. 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 presently has an average rating of “Moderate Buy” and an average price target of $139.13.

Hedge Funds Weigh In On Timken

Institutional investors and hedge funds have recently modified their holdings of the company. New York State Common Retirement Fund boosted its stake in shares of Timken by 6.3% in the 3rd quarter. New York State Common Retirement Fund now owns 461,129 shares of the industrial products company’s stock worth $34,668,000 after buying an additional 27,515 shares during the last quarter. Keybank National Association OH boosted its stake in shares of Timken by 107.8% in the 3rd quarter. Keybank National Association OH now owns 727,777 shares of the industrial products company’s stock worth $54,714,000 after buying an additional 377,607 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Timken by 34.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company’s stock worth $112,256,000 after buying an additional 385,389 shares during the last quarter. Phocas Financial Corp. boosted its stake in shares of Timken by 81.2% in the 4th quarter. Phocas Financial Corp. now owns 88,967 shares of the industrial products company’s stock worth $7,485,000 after buying an additional 39,871 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Timken in the 3rd quarter worth $1,678,000. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Key Timken News

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

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.