Callan Family Office LLC Takes $1.84 Million Position in Timken Company (The) $TKR

Key Points

• Callan Family Office acquired 12,661 Timken shares worth approximately $1.84 million, while institutional investors collectively own 89.08% of the company.
• Timken reported quarterly EPS of $1.83, beating estimates of $1.62, and revenue of $1.26 billion, up 7.5% year over year. The company issued fiscal 2026 EPS guidance of $6.05–$6.35.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $150, while Timken declared a quarterly dividend of $0.36 per share, representing a 1.2% annualized yield.

Callan Family Office LLC purchased a new position in shares of Timken Company (The) (NYSE:TKR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 12,661 shares of the industrial products company's stock, valued at approximately $1,840,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd acquired a new stake in Timken in the fourth quarter valued at about $25,000. Clearstead Advisors LLC grew its position in Timken by 130.3% during the 4th quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company's stock worth $26,000 after acquiring an additional 172 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Timken during the second quarter valued at about $37,000. Elevation Wealth Partners LLC increased its stake in shares of Timken by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company's stock valued at $38,000 after buying an additional 210 shares during the period. Finally, Trust Co. of Vermont bought a new stake in Timken during the 2nd quarter worth approximately $41,000. 89.08% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley set a $140.00 target price on Timken in a report on Thursday, May 21st. Weiss Ratings raised Timken from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday. JPMorgan Chase & Co. increased their price target on Timken from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Monday, July 13th. The Goldman Sachs Group lifted their price target on shares of Timken from $128.00 to $142.00 and gave the company a "neutral" rating in a research note on Friday, July 10th. Finally, KeyCorp raised their target price on Timken from $140.00 to $160.00 and gave the company an "overweight" rating in a research note on Monday, July 13th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $150.00.

Insider Transactions at Timken

In other Timken news, Director Ajita G. Rajendra sold 8,450 shares of Timken 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. The trade was a 29.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard G. Kyle sold 13,637 shares of the business's stock in a transaction that occurred on 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 sale, the director directly owned 183,724 shares of the company's stock, valued at $23,264,970.12. This represents a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,535 shares of company stock valued at $3,912,529 in the last quarter. Company insiders own 8.10% of the company's stock.

Timken Stock Performance

Shares of TKR stock opened at $125.07 on Monday. The company has a current ratio of 3.10, a quick ratio of 1.74 and a debt-to-equity ratio of 0.61. The firm has a fifty day simple moving average of $136.75 and a two-hundred day simple moving average of $119.58. Timken Company has a 12 month low of $70.57 and a 12 month high of $146.37. The firm has a market capitalization of $8.67 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 1.47 and a beta of 1.21.

Timken (NYSE:TKR - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.21. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. Timken had a net margin of 5.43% and a return on equity of 12.63%. The business's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the firm earned $1.12 earnings per share. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Analysts forecast that Timken Company will post 6.26 EPS for the current fiscal year.

Timken Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be given a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.44 annualized dividend and a yield of 1.2%. Timken's dividend payout ratio (DPR) is presently 39.02%.

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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