Wealth High Governance Capital Ltda Makes New Investment in Timken Company (The) $TKR

Key Points

• Wealth High Governance Capital initiated a Timken position of 110,445 shares valued at approximately $16.05 million, representing 4.8% of its portfolio and about 0.16% of Timken’s outstanding stock. Institutional investors collectively own 89.08% of the company.
• Timken reported quarterly EPS of $1.83, beating estimates of $1.62, while revenue rose 7.5% year over year to $1.26 billion. The company maintained fiscal 2026 EPS guidance of $6.05–$6.35.
• Analysts give Timken a consensus “Moderate Buy” rating with a $150 price target, while the company declared a quarterly dividend of $0.36 per share, equivalent to a 1.2% annualized yield.

Wealth High Governance Capital Ltda purchased a new position in shares of Timken Company (The) (NYSE:TKR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 110,445 shares of the industrial products company's stock, valued at approximately $16,050,000. Timken makes up 4.8% of Wealth High Governance Capital Ltda's holdings, making the stock its 4th largest holding. Wealth High Governance Capital Ltda owned about 0.16% of Timken as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Timken by 44.2% in the 1st quarter. Royal Bank of Canada now owns 90,550 shares of the industrial products company's stock worth $6,508,000 after purchasing an additional 27,750 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Timken by 147.0% during the first quarter. Goldman Sachs Group Inc. now owns 355,765 shares of the industrial products company's stock valued at $25,569,000 after purchasing an additional 211,718 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Timken by 7.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,872 shares of the industrial products company's stock worth $16,305,000 after purchasing an additional 16,000 shares during the last quarter. Prudential Financial Inc. grew its holdings in shares of Timken by 18.7% during the second quarter. Prudential Financial Inc. now owns 6,815 shares of the industrial products company's stock worth $494,000 after purchasing an additional 1,075 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Timken by 241.7% in the 2nd quarter. Invesco Ltd. now owns 604,879 shares of the industrial products company's stock valued at $43,884,000 after buying an additional 427,879 shares during the last quarter. 89.08% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Timken

In other Timken news, Director Ajita G. Rajendra sold 8,450 shares of the firm's stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $131.34, for a total value of $1,109,823.00. Following the completion of the sale, the director owned 20,225 shares of the company's stock, valued at approximately $2,656,351.50. This trade represents a 29.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Richard G. Kyle sold 13,637 shares of the business's stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $126.63, for a total value of $1,726,853.31. Following the sale, the director owned 183,724 shares of the company's stock, valued at approximately $23,264,970.12. This represents a 6.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 30,535 shares of company stock valued at $3,912,529. Insiders own 8.10% of the company's stock.

Timken Stock Performance

NYSE:TKR opened at $125.07 on Monday. Timken Company has a fifty-two week low of $70.57 and a fifty-two week high of $146.37. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. The company has a 50 day simple moving average of $136.75 and a two-hundred day simple moving average of $119.58. The company has a market capitalization of $8.67 billion, a PE ratio of 33.89, a P/E/G ratio of 1.47 and a beta of 1.21.

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

Timken Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be paid a $0.36 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. Timken's payout ratio is currently 39.02%.

Analyst Upgrades and Downgrades

Several research firms recently commented on TKR. Morgan Stanley set a $140.00 target price on shares of Timken in a research report on Thursday, May 21st. The Goldman Sachs Group raised 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. Citigroup lifted their price target on shares of Timken from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. Oppenheimer boosted their price objective on shares of Timken from $147.00 to $150.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 21st. Finally, DA Davidson set a $130.00 price objective on Timken in a report on Friday, August 14th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $150.00.

Timken 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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