GHP Investment Advisors Inc. Has $2.41 Million Stake in Timken Company (The) $TKR

GHP Investment Advisors Inc. increased its stake in Timken Company (The) (NYSE:TKR) by 20.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 23,941 shares of the industrial products company’s stock after purchasing an additional 4,031 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Timken were worth $2,408,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Timken in the fourth quarter valued at about $25,000. Clearstead Advisors LLC increased 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 valued at $26,000 after purchasing an additional 172 shares during the period. Eastern Bank bought a new position in Timken in the fourth quarter worth $27,000. V Square Quantitative Management LLC acquired a new stake in Timken during the fourth quarter worth $31,000. Finally, Kestra Investment Management LLC acquired a new stake in Timken during the second quarter worth $42,000. 89.08% of the stock is currently owned by institutional investors.

Timken Price Performance

Shares of TKR stock opened at $141.22 on Friday. The firm’s 50 day moving average price is $123.56 and its two-hundred day moving average price is $106.32. 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 $70.57 and a 52-week high of $145.61. The stock has a market cap of $9.81 billion, a PE ratio of 32.10, a PEG ratio of 1.72 and a beta of 1.21.

Timken (NYSE:TKR) last posted its quarterly 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. Timken had a return on equity of 11.84% and a net margin of 6.60%.The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the business posted $1.40 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, analysts forecast that Timken Company will post 6.14 EPS 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 given a dividend of $0.36 per share. This is a positive change from Timken’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, May 19th. Timken’s payout ratio is currently 32.73%.

Insider Buying and Selling

In other Timken news, Director Ajita G. Rajendra sold 8,450 shares of the stock in a transaction dated Friday, June 5th. The stock was 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 owned 20,225 shares in the company, valued at approximately $2,656,351.50. This represents a 29.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard G. Kyle sold 8,448 shares of the business’s stock in a transaction dated 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 completion of the sale, the director owned 197,361 shares in the company, valued at approximately $25,133,923.35. This trade 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 a total of 69,079 shares of company stock worth $8,296,144 over the last ninety days. Company insiders own 8.10% of the company’s stock.

Analyst Ratings Changes

TKR has been the subject of a number of analyst reports. DA Davidson initiated coverage on Timken in a report on Tuesday, June 16th. They set a “neutral” rating and a $130.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Timken in a research note on Monday, April 20th. KeyCorp boosted their target price on Timken from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Evercore reaffirmed an “outperform” rating and set a $158.00 price target on shares of Timken in a report on Monday, May 11th. Finally, The Goldman Sachs Group set a $128.00 target price on Timken in a report on Friday, May 22nd. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Timken presently has an average rating of “Moderate Buy” and a consensus target price of $141.62.

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.