124,730 Shares in Timken Company (The) $TKR Purchased by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. acquired a new position in Timken Company (The) (NYSE:TKR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 124,730 shares of the industrial products company’s stock, valued at approximately $10,494,000.

A number of other large investors have also recently modified their holdings of TKR. UBS Group AG boosted its position in shares of Timken by 734.7% during the 3rd quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock valued at $171,880,000 after acquiring an additional 2,012,352 shares during the last quarter. Invesco Ltd. boosted its position in shares of Timken by 124.5% during the 3rd quarter. Invesco Ltd. now owns 1,358,154 shares of the industrial products company’s stock valued at $102,106,000 after acquiring an additional 753,275 shares during the last quarter. Norges Bank bought a new stake in shares of Timken during the 4th quarter valued at about $47,644,000. Bank of New York Mellon Corp boosted its position in shares of Timken by 34.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company’s stock valued at $112,256,000 after acquiring an additional 385,389 shares during the last quarter. Finally, Deprince Race & Zollo Inc. boosted its position in shares of Timken by 90.4% during the 4th quarter. Deprince Race & Zollo Inc. now owns 573,069 shares of the industrial products company’s stock valued at $48,212,000 after acquiring an additional 272,135 shares during the last quarter. Institutional investors own 89.08% of the company’s stock.

Timken Price Performance

TKR opened at $126.56 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.55 and a current ratio of 2.88. Timken Company has a 52-week low of $67.14 and a 52-week high of $128.61. The stock has a market capitalization of $8.80 billion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 1.54 and a beta of 1.21. The stock’s 50 day moving average price is $109.79 and its 200-day moving average price is $98.68.

Timken (NYSE:TKR) last posted its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the firm earned $1.40 earnings per share. 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. On average, equities research analysts predict that Timken Company will post 6.13 EPS for the current year.

Timken Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were given a dividend of $0.36 per share. This is a boost from Timken’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, May 19th. Timken’s dividend payout ratio is presently 32.73%.

Insider Activity at Timken

In related news, Director John M. Timken, Jr. sold 15,000 shares of Timken stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the sale, the director directly owned 264,744 shares in the company, valued at $30,845,323.44. The trade was a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard G. Kyle sold 8,448 shares of Timken 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 sale, the director owned 197,361 shares in the company, valued at $25,133,923.35. This represents a 4.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 60,629 shares of company stock worth $7,186,321 over the last 90 days. 8.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Citigroup lifted their price target on Timken from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Oppenheimer lifted their price target on Timken from $132.00 to $137.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. The Goldman Sachs Group set a $128.00 price objective on Timken in a report on Friday, May 22nd. JPMorgan Chase & Co. raised Timken from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $130.00 to $150.00 in a report on Tuesday, May 26th. Finally, Evercore reaffirmed an “outperform” rating and issued a $158.00 price target on shares of Timken in a research note on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $139.13.

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.