13,694 Shares in Timken Company (The) $TKR Acquired by Diversified Trust Co

Diversified Trust Co purchased a new position in Timken Company (The) (NYSE:TKR) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,694 shares of the industrial products company’s stock, valued at approximately $1,377,000.

Other institutional investors also recently modified their holdings of the company. Uncommon Cents Investing LLC lifted its position in shares of Timken by 0.5% during the 4th quarter. Uncommon Cents Investing LLC now owns 27,465 shares of the industrial products company’s stock valued at $2,311,000 after acquiring an additional 125 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Timken by 3.2% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company’s stock worth $325,000 after acquiring an additional 132 shares during the last quarter. Hilltop Holdings Inc. grew its holdings in shares of Timken by 3.7% in the 3rd quarter. Hilltop Holdings Inc. now owns 3,997 shares of the industrial products company’s stock worth $300,000 after acquiring an additional 142 shares during the last quarter. Clearstead Advisors LLC raised its position in shares of Timken by 130.3% during the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 172 shares during the period. Finally, Verdence Capital Advisors LLC raised its position in shares of Timken by 3.0% during the fourth quarter. Verdence Capital Advisors LLC now owns 6,576 shares of the industrial products company’s stock worth $553,000 after purchasing an additional 190 shares during the period. Institutional investors own 89.08% of the company’s stock.

Timken Trading Down 0.3%

Shares of NYSE TKR opened at $141.88 on Tuesday. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. Timken Company has a one year low of $69.25 and a one year high of $144.25. The business has a 50-day moving average price of $120.82 and a two-hundred day moving average price of $104.87. The firm has a market capitalization of $9.86 billion, a PE ratio of 32.25, a PEG ratio of 1.70 and a beta of 1.21.

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

Timken Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders 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 yield of 1.0%. This is a boost from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio (DPR) is currently 32.73%.

Insider Buying and Selling at Timken

In other Timken news, Director John M. Timken, Jr. sold 15,000 shares of the stock in a transaction that occurred 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 owned 264,744 shares in the company, valued at $30,845,323.44. This represents a 5.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ajita G. Rajendra sold 8,450 shares of Timken stock in a transaction on 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 sale, the director directly owned 20,225 shares of the company’s stock, valued at $2,656,351.50. This trade represents a 29.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 69,079 shares of company stock worth $8,296,144. 8.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TKR has been the subject of a number of recent analyst reports. DA Davidson started coverage on Timken in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $130.00 price target for the company. The Goldman Sachs Group set a $128.00 price objective on shares of Timken in a research note on Friday, May 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a report on Monday, April 20th. Wall Street Zen raised shares of Timken from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Finally, JPMorgan Chase & Co. upgraded shares of Timken from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $130.00 to $150.00 in a report on Tuesday, May 26th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $141.62.

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.