281,513 Timken Company (The) $TKR Shares Acquired by Robeco Schweiz AG

Robeco Schweiz AG increased its position in shares of Timken Company (The) (NYSE:TKR) by 119.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 516,703 shares of the industrial products company’s stock after acquiring an additional 281,513 shares during the quarter. Timken makes up approximately 1.1% of Robeco Schweiz AG’s holdings, making the stock its 29th biggest holding. Robeco Schweiz AG owned approximately 0.75% of Timken worth $60,325,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Segall Bryant & Hamill LLC boosted its holdings in shares of Timken by 29.9% during the first quarter. Segall Bryant & Hamill LLC now owns 451,516 shares of the industrial products company’s stock worth $45,409,000 after purchasing an additional 103,904 shares during the last quarter. Nykredit A S purchased a new stake in shares of Timken in the second quarter valued at $108,692,000. Tocqueville Asset Management L.P. purchased a new stake in shares of Timken in the second quarter valued at $4,506,000. State of Wyoming purchased a new stake in shares of Timken in the second quarter valued at $1,466,000. Finally, Corient Private Wealth LP increased its stake in Timken by 168.9% in the second quarter. Corient Private Wealth LP now owns 51,894 shares of the industrial products company’s stock valued at $7,541,000 after purchasing an additional 32,598 shares during the last quarter. 89.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TKR. Wall Street Zen downgraded Timken from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. DA Davidson set a $130.00 price target on Timken in a report on Friday, August 14th. Oppenheimer restated an “outperform” rating and issued a $150.00 price target on shares of Timken in a report on Thursday, October 1st. JPMorgan Chase & Co. upped their price objective on shares of Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, Bank of America upgraded shares of Timken from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $129.00 to $135.00 in a report on Tuesday, September 1st. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $145.00.

Insider Activity at Timken

In other news, Director Richard Kyle sold 13,637 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $126.63, for a total value of $1,726,853.31. Following the transaction, the director directly owned 183,724 shares in the company, valued at $23,264,970.12. This trade represents a 6.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.10% of the stock is currently owned by company insiders.

Timken Stock Up 0.8%

Shares of NYSE TKR opened at $109.26 on Friday. Timken Company has a 52-week low of $73.62 and a 52-week high of $146.37. The firm has a fifty day moving average of $118.63 and a 200-day moving average of $124.04. The stock has a market capitalization of $7.57 billion, a PE ratio of 29.61, a P/E/G ratio of 1.21 and a beta of 1.18. The company has a quick ratio of 1.74, a current ratio of 3.10 and a debt-to-equity ratio of 0.61.

Timken (NYSE:TKR) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.21. Timken had a return on equity of 12.63% and a net margin of 5.43%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the company posted $1.12 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. On average, analysts anticipate that Timken Company will post 6.25 EPS for the current year.

Timken Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th were paid a dividend of $0.36 per share. The ex-dividend date was Tuesday, August 18th. This represents a $1.44 annualized dividend and a yield of 1.3%. Timken’s dividend payout ratio is currently 39.02%.

Timken Company Profile

Timken is an industrial manufacturer that designs and produces engineered bearings and power transmission products. Its offerings include tapered and spherical roller bearings, precision bearings, seals, lubrication systems, gears, belts, chains, couplings, and other components used to manage friction, motion, and power transmission.

The company serves customers across a range of industries, including industrial machinery, renewable energy, transportation, aerospace, defense, agriculture, construction, and energy.