Massachusetts Financial Services Co. MA Sells 16,117 Shares of Timken Company (The) $TKR

Key Points

• Institutional and insider selling: Massachusetts Financial Services trimmed its Timken stake by 3.5%, selling 16,117 shares and now holds 450,382 shares (~0.65%, $37.9M), while director Richard G. Kyle sold 19,636 shares at $107.99 (a 7.46% reduction); institutional investors own about 89.1% and insiders about 8.1% of the stock.
• Results and outlook: Timken beat quarterly estimates with $1.14 EPS (vs. $1.09) and $1.11B revenue, set FY2026 guidance of $5.50–$6.00 EPS, and pays a $0.35 quarterly dividend ($1.40/year, 1.3% yield); analysts' consensus is a "Hold" with a $99.63 target.

Massachusetts Financial Services Co. MA lessened its stake in shares of Timken Company (The) (NYSE:TKR - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 450,382 shares of the industrial products company's stock after selling 16,117 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.65% of Timken worth $37,891,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. New York State Common Retirement Fund raised its position in shares of Timken by 6.3% in the third quarter. New York State Common Retirement Fund now owns 461,129 shares of the industrial products company's stock valued at $34,668,000 after purchasing an additional 27,515 shares during the period. Keybank National Association OH boosted its holdings in shares of Timken by 107.8% during the 3rd quarter. Keybank National Association OH now owns 727,777 shares of the industrial products company's stock worth $54,714,000 after buying an additional 377,607 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of 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 buying an additional 385,389 shares during the period. Deprince Race & Zollo Inc. acquired a new position in Timken in the 3rd quarter valued at $22,624,000. Finally, Phocas Financial Corp. raised its holdings in Timken by 81.2% in the 4th quarter. Phocas Financial Corp. now owns 88,967 shares of the industrial products company's stock worth $7,485,000 after acquiring an additional 39,871 shares during the period. 89.08% of the stock is owned by institutional investors.

Insider Activity at Timken

In other Timken news, Director Richard G. Kyle sold 19,636 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $107.99, for a total transaction of $2,120,491.64. Following the completion of the transaction, the director directly owned 243,636 shares in the company, valued at $26,310,251.64. This represents a 7.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.10% of the stock is owned by company insiders.

Timken Trading Down 0.1%

Timken stock opened at $106.79 on Wednesday. The business has a 50 day moving average price of $103.40 and a two-hundred day moving average price of $90.04. The company has a quick ratio of 1.47, a current ratio of 2.82 and a debt-to-equity ratio of 0.56. Timken Company has a 12 month low of $59.22 and a 12 month high of $111.39. The stock has a market cap of $7.45 billion, a price-to-earnings ratio of 25.98, a price-to-earnings-growth ratio of 1.56 and a beta of 1.18.

Timken (NYSE:TKR - Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. The firm had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $1.07 billion. Timken had a return on equity of 11.52% and a net margin of 6.29%.Timken's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the business earned $1.16 earnings per share. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, equities analysts forecast that Timken Company will post 5.62 EPS for the current year.

Timken Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 24th were issued a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Timken's dividend payout ratio is presently 34.06%.

Analyst Upgrades and Downgrades

TKR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reissued an "underweight" rating and set a $100.00 target price on shares of Timken in a research report on Thursday, March 26th. Citigroup lifted their price objective on Timken from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Monday. Wall Street Zen raised Timken from a "hold" rating to a "buy" rating in a research report on Sunday, March 1st. DA Davidson raised their target price on Timken from $86.00 to $108.00 and gave the company a "neutral" rating in a report on Tuesday, February 10th. Finally, Morgan Stanley lifted their price target on Timken from $116.00 to $119.00 and gave the stock an "overweight" rating in a research report on Monday, March 30th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $99.63.

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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