Corient Private Wealth LLC Has $1.52 Million Stock Holdings in Timken Company (The) $TKR

Corient Private Wealth LLC raised its stake in shares of Timken Company (The) (NYSE:TKR) by 112.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,002 shares of the industrial products company’s stock after buying an additional 9,534 shares during the period. Corient Private Wealth LLC’s holdings in Timken were worth $1,522,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TKR. Dimensional Fund Advisors LP boosted its position in Timken by 12.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,672,110 shares of the industrial products company’s stock valued at $224,813,000 after purchasing an additional 297,047 shares during the last quarter. UBS Group AG increased its holdings in Timken by 734.7% in the third quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock worth $171,880,000 after buying an additional 2,012,352 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Timken by 15.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,843,042 shares of the industrial products company’s stock worth $155,055,000 after buying an additional 247,000 shares during the last quarter. Invesco Ltd. raised 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 acquiring an additional 13,459 shares in the last quarter. Finally, Brown Advisory Inc. lifted its stake in Timken by 5.6% in the fourth quarter. Brown Advisory Inc. now owns 1,273,668 shares of the industrial products company’s stock valued at $107,154,000 after acquiring an additional 67,573 shares during the last quarter. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on TKR. Morgan Stanley set a $140.00 price target on Timken in a research note on Thursday, May 21st. Evercore restated an “outperform” rating and issued a $158.00 price objective on shares of Timken in a research note on Monday, May 11th. The Goldman Sachs Group set a $128.00 price objective on shares of Timken in a report on Friday, May 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a research note on Monday, April 20th. Finally, DA Davidson started coverage on shares of Timken in a report on Tuesday, June 16th. They issued a “neutral” rating and a $130.00 target price on the stock. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $141.62.

Timken Stock Up 1.3%

Shares of TKR stock opened at $145.32 on Wednesday. The stock has a market cap of $10.10 billion, a P/E ratio of 33.03, a price-to-earnings-growth ratio of 1.72 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.88 and a quick ratio of 1.55. The stock has a fifty day moving average price of $125.10 and a 200 day moving average price of $107.31. Timken Company has a one year low of $70.57 and a one year high of $146.37.

Timken (NYSE:TKR) last announced its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.17. Timken had a net margin of 6.60% and a return on equity of 11.84%. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the company posted $1.40 EPS. The business’s revenue was up 8.0% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Analysts predict that Timken Company will post 6.14 earnings per share for the current year.

Timken Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th were paid a $0.36 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. This is an increase from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio is currently 32.73%.

Insider Transactions at Timken

In related news, Director Richard G. Kyle sold 37,181 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $117.34, for a total transaction of $4,362,818.54. Following the completion of the transaction, the director owned 206,455 shares in the company, valued at $24,225,429.70. This trade represents a 15.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John M. Timken, Jr. sold 15,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $116.51, for a total value of $1,747,650.00. Following the completion of the sale, the director directly owned 264,744 shares in the company, valued at approximately $30,845,323.44. This represents a 5.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 69,079 shares of company stock valued at $8,296,144. Corporate insiders own 8.10% 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.