Insider Selling: Timken (NYSE:TKR) Director Sells $1,067,200.00 in Stock

Timken Company (The) (NYSE:TKR) Director Richard Kyle sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $106.72, for a total transaction of $1,067,200.00. Following the completion of the sale, the director owned 263,272 shares in the company, valued at approximately $28,096,387.84. This trade represents a 3.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Timken Price Performance

TKR stock opened at $107.63 on Thursday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82. The firm has a 50 day moving average price of $95.49 and a 200-day moving average price of $84.10. Timken Company has a 52-week low of $56.20 and a 52-week high of $111.39. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 1.61 and a beta of 1.21.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. Timken had a return on equity of 11.52% and a net margin of 6.29%.The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company earned $1.16 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. Equities research analysts forecast that Timken Company will post 5.62 EPS for the current fiscal year.

Timken Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 24th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, February 24th. Timken’s dividend payout ratio is 34.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. DGS Capital Management LLC purchased a new stake in shares of Timken during the 4th quarter valued at about $207,000. Invesco Ltd. grew 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 buying an additional 13,459 shares during the period. Corient Private Wealth LLC increased its holdings in Timken by 111.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,933 shares of the industrial products company’s stock valued at $1,517,000 after buying an additional 9,465 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Timken by 6.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 47,807 shares of the industrial products company’s stock valued at $4,022,000 after buying an additional 2,939 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new position in Timken in the fourth quarter worth approximately $231,000. 89.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on TKR shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a report on Wednesday, January 21st. Wall Street Zen downgraded Timken from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. JPMorgan Chase & Co. boosted their price target on Timken from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Morgan Stanley increased their price objective on Timken from $105.00 to $116.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $88.00 price objective on shares of Timken in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Timken has a consensus rating of “Hold” and an average price target of $93.78.

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.