Timken (NYSE:TKR) Director Sells $1,075,852.80 in Stock

Key Points

• Timken director Richard Kyle sold 8,448 shares for about $1.08 million at an average price of $127.35, trimming his ownership by 4.1% after the transaction.
• The company posted solid quarterly results, with EPS of $1.67 beating estimates and revenue of $1.23 billion topping expectations, while management also maintained FY2026 guidance of $5.75 to $6.25 per share.
• Timken raised its dividend to $0.36 per share quarterly from $0.35, and the stock has been supported by upbeat analyst sentiment and a recent move near its 52-week high.

Timken Company (The) (NYSE:TKR - Get Free Report) Director Richard Kyle sold 8,448 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $127.35, for a total value of $1,075,852.80. Following the transaction, the director owned 197,361 shares in the company, valued at approximately $25,133,923.35. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Timken Stock Up 0.9%

NYSE:TKR traded up $1.18 during trading hours on Friday, hitting $127.96. 964,265 shares of the company traded hands, compared to its average volume of 866,073. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 0.60. The firm's 50-day simple moving average is $108.61 and its 200-day simple moving average is $97.99. Timken Company has a one year low of $67.14 and a one year high of $128.61. The company has a market cap of $8.89 billion, a PE ratio of 29.08, a PEG ratio of 1.53 and a beta of 1.18.

Timken (NYSE:TKR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.17. Timken had a return on equity of 11.84% and a net margin of 6.60%.The business had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.17 billion. During the same period last year, the business earned $1.40 EPS. The business's revenue was up 8.0% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Equities analysts predict that Timken Company will post 6.13 earnings per share for the current year.

Timken Increases Dividend

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

Timken News Roundup

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks Research raised Timken’s FY2026 EPS estimate to $6.04 and FY2027 EPS estimate to $6.73, reflecting better forward profit expectations. Timken stock report
• Positive Sentiment: The firm also lifted near-term and longer-term quarter estimates, including Q1 2028 EPS to $2.19 and FY2028 EPS to $8.50, reinforcing a stronger growth outlook. Timken stock report
• Positive Sentiment: Timken recently hit a 52-week high after investor-day commentary highlighted growth targets, margin expansion plans, and acquisition-driven portfolio expansion, which appears to be supporting investor confidence. Zacks article on Timken 52-week high
• Neutral Sentiment: Zacks made smaller upward adjustments to several other periods, including Q2 2026, Q1 2027, Q2 2027, and Q4 2027, suggesting steady but not dramatic changes in expectations. Timken stock report

Analyst Upgrades and Downgrades

TKR has been the topic of a number of recent analyst reports. Evercore reiterated an "outperform" rating and set a $158.00 target price on shares of Timken in a research note on Monday, May 11th. Wall Street Zen upgraded Timken from a "hold" rating to a "buy" rating in a research note on Sunday, March 1st. JPMorgan Chase & Co. upgraded Timken from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $130.00 to $150.00 in a research note on Tuesday. Morgan Stanley set a $140.00 target price on Timken in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group set a $128.00 target price on Timken in a research note on Friday, May 22nd. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $139.13.

Institutional Investors Weigh In On Timken

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TKR. Royal Bank of Canada raised its stake 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 valued at $6,508,000 after acquiring an additional 27,750 shares during the period. Goldman Sachs Group Inc. raised its stake in Timken by 147.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 355,765 shares of the industrial products company's stock valued at $25,569,000 after acquiring an additional 211,718 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Timken by 7.6% during the 1st 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 valued at $16,305,000 after buying an additional 16,000 shares in the last quarter. Prudential Financial Inc. grew its holdings in Timken by 18.7% during the 2nd quarter. Prudential Financial Inc. now owns 6,815 shares of the industrial products company's stock valued at $494,000 after buying an additional 1,075 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Timken by 241.7% during 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 in the last quarter. 89.08% of the stock is currently owned by institutional investors.

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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