12,798 Shares in Timken Company (The) $TKR Acquired by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group opened a new position in Timken during the fourth quarter, buying 12,798 shares valued at about $1.08 million.
• Institutional ownership remains very high at 89.08%, and several large investors have recently increased their stakes in the industrial products maker.
• Timken has been benefiting from positive momentum: it hit a 52-week high, analysts have raised earnings estimates and price targets, and the company recently posted stronger-than-expected quarterly results while also increasing its dividend.

Jefferies Financial Group Inc. purchased a new position in shares of Timken Company (The) (NYSE:TKR - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 12,798 shares of the industrial products company's stock, valued at approximately $1,077,000.

A number of other large investors have also bought and sold shares of the business. UBS Group AG grew its position in Timken by 734.7% during the 3rd quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company's stock worth $171,880,000 after acquiring an additional 2,012,352 shares during the last quarter. Bank of New York Mellon Corp grew its position in Timken by 34.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company's stock worth $112,256,000 after acquiring an additional 385,389 shares during the last quarter. Invesco Ltd. grew its position in Timken by 124.5% during the 3rd quarter. Invesco Ltd. now owns 1,358,154 shares of the industrial products company's stock worth $102,106,000 after acquiring an additional 753,275 shares during the last quarter. Keybank National Association OH grew its position in Timken by 17.8% during the 4th quarter. Keybank National Association OH now owns 857,235 shares of the industrial products company's stock worth $72,119,000 after acquiring an additional 129,458 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Timken by 22.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 726,557 shares of the industrial products company's stock valued at $52,712,000 after buying an additional 133,404 shares during the last quarter. 89.08% of the stock is currently owned by institutional investors.

Key Stories Impacting Timken

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Timken hit a 52-week high after Investor Day updates highlighted growth targets, margin expansion plans, and acquisitions as key drivers of future value. Timken Stock Hits 52-Week High: What's Driving Its Performance?
• Positive Sentiment: Zacks Research raised multiple earnings estimates for Timken, including Q2 2026, Q1 2027, Q2 2027, FY2026, and FY2027, signaling improving analyst expectations for profitability.
• Positive Sentiment: One report also noted that Timken’s recent surge reflects strong momentum and a “real sense of urgency” among investors, while the stock’s fundamentals continue to support the move. The Timken Company: A Real Sense Of Urgency Is Driving Shares Here
• Neutral Sentiment: Some valuation commentary suggests the stock may now look expensive after its run higher, but that has not yet outweighed the positive earnings and strategy news. The Timken Co (TKR) Stock Up 6.2% but GF Value Says Overvalued

Insider Buying and Selling at Timken

In other Timken news, Director Richard G. Kyle sold 37,181 shares of Timken stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $117.34, for a total value of $4,362,818.54. Following the sale, the director owned 206,455 shares of the company's stock, valued at $24,225,429.70. This trade represents a 15.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John M. Timken, Jr. sold 15,000 shares of Timken stock in a transaction dated 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 $30,845,323.44. This represents a 5.36% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 8.10% of the company's stock.

Analyst Upgrades and Downgrades

TKR has been the topic of a number of recent research reports. KeyCorp increased their price objective on Timken from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. Wall Street Zen upgraded Timken from a "hold" rating to a "buy" rating in a research report on Sunday, March 1st. DA Davidson increased their price objective on Timken from $117.00 to $120.00 and gave the company a "neutral" rating in a research report on Thursday, May 21st. Morgan Stanley set a $140.00 price objective on Timken in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. upgraded Timken from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $130.00 to $150.00 in a research report on Tuesday. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Timken has a consensus rating of "Moderate Buy" and a consensus target price of $139.13.

Timken Stock Performance

Shares of Timken stock opened at $126.68 on Friday. The company has a market capitalization of $8.80 billion, a PE ratio of 28.79, a PEG ratio of 1.53 and a beta of 1.18. Timken Company has a 12 month low of $67.14 and a 12 month high of $128.31. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. The stock's fifty day simple moving average is $108.61 and its 200 day simple moving average is $97.99.

Timken (NYSE:TKR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.50 by $0.17. The business 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 revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, research analysts predict that Timken Company will post 6.13 EPS for the current year.

Timken Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Tuesday, May 19th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, May 19th. This is a boost from Timken's previous quarterly dividend of $0.35. Timken's dividend payout ratio (DPR) is 32.73%.

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.

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