23,657 Shares in Timken Company (The) $TKR Acquired by Oliver Luxxe Assets LLC

Key Points

• Oliver Luxxe Assets LLC bought 23,657 shares of Timken (~$1.99M) in Q4, and institutional investors now own about 89.08% of the company as several large funds (UBS, Invesco, American Century) materially increased their stakes.
• Timken beat Q4 estimates with $1.14 EPS (vs. $1.09 expected) and $1.11B revenue, and set FY2026 guidance of 5.50–6.00 EPS (analysts expect 5.62).
• The stock trades near $95 with a market cap of ~$6.65B and a P/E of ~23, and the consensus analyst rating is a Hold with an average target of $94.89.

Oliver Luxxe Assets LLC bought a new stake in Timken Company (The) (NYSE:TKR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,657 shares of the industrial products company's stock, valued at approximately $1,990,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TKR. UBS Group AG lifted its position in shares of Timken by 734.7% in the 3rd quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company's stock worth $171,880,000 after purchasing an additional 2,012,352 shares during the period. Invesco Ltd. increased its position in shares of Timken by 124.5% during the third quarter. Invesco Ltd. now owns 1,358,154 shares of the industrial products company's stock worth $102,106,000 after buying an additional 753,275 shares during the period. American Century Companies Inc. increased its position in shares of Timken by 13.4% during the second quarter. American Century Companies Inc. now owns 3,845,175 shares of the industrial products company's stock worth $278,968,000 after buying an additional 455,050 shares during the period. Brandes Investment Partners LP raised its stake in Timken by 358.8% during the second quarter. Brandes Investment Partners LP now owns 513,641 shares of the industrial products company's stock worth $37,265,000 after buying an additional 401,694 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Timken by 34.8% during the third 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 buying an additional 385,389 shares during the last quarter. Institutional investors and hedge funds own 89.08% of the company's stock.

Timken Trading Down 2.2%

NYSE:TKR opened at $95.27 on Friday. Timken Company has a 12 month low of $56.20 and a 12 month high of $111.39. The company has a current ratio of 2.82, a quick ratio of 1.47 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $6.65 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 1.40 and a beta of 1.18. The firm has a fifty day simple moving average of $100.64 and a two-hundred day simple moving average of $87.03.

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

Timken Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Tuesday, February 24th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, February 24th. Timken's dividend payout ratio is 34.06%.

Insider Transactions at Timken

In other Timken news, Director Richard G. Kyle sold 19,636 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $107.99, for a total value of $2,120,491.64. Following the transaction, the director owned 243,636 shares in the company, valued at approximately $26,310,251.64. This represents a 7.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 8.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Morgan Stanley upped their price target on shares of Timken from $105.00 to $116.00 and gave the company an "overweight" rating in a research report on Tuesday, February 10th. Oppenheimer set a $108.00 price objective on Timken in a research report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price objective on Timken from $90.00 to $100.00 and gave the company a "neutral" rating in a research note on Monday, March 9th. Weiss Ratings restated a "hold (c+)" rating on shares of Timken in a research report on Wednesday, January 21st. Finally, Citigroup raised their target price on Timken from $105.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $94.89.

About Timken

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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