California State Teachers Retirement System Grows Stake in Timken Company (The) $TKR

California State Teachers Retirement System raised its stake in shares of Timken Company (The) (NYSE:TKR) by 14,043.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,063,648 shares of the industrial products company’s stock after purchasing an additional 10,985,425 shares during the period. California State Teachers Retirement System owned 0.16% of Timken worth $1,607,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Timken in the 4th quarter worth approximately $25,000. Clearstead Advisors LLC boosted its stake in Timken by 130.3% during the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock worth $26,000 after buying an additional 172 shares during the period. Allworth Financial LP purchased a new position in Timken during the second quarter worth $37,000. Elevation Wealth Partners LLC increased its position in Timken by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 210 shares during the last quarter. Finally, Trust Co. of Vermont purchased a new stake in shares of Timken in the second quarter valued at $41,000. 89.08% of the stock is owned by institutional investors.

Key Timken News

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks lifted its FY2026 EPS forecast to $6.19 from $6.18, still slightly below the broader consensus estimate of $6.26.
• Positive Sentiment: Forecasts for FY2027 EPS rose to $7.14 from $6.96. Quarterly estimates were also increased for Q1 2027 to $1.77 from $1.70, Q2 2027 to $1.89 from $1.84, Q3 2027 to $1.79 from $1.76, and Q4 2027 to $1.69 from $1.66.
• Positive Sentiment: Longer-term projections improved as well: FY2028 EPS increased to $8.42 from $8.26, while Q1 2028 rose to $2.01 from $1.98 and Q2 2028 to $2.27 from $2.22.
• Positive Sentiment: Zacks also raised its Q3 2026 EPS estimate to $1.44 from $1.43, suggesting modestly stronger near-term earnings expectations.
• Neutral Sentiment: The revisions came from Zacks Research and do not represent a change to Timken’s official guidance. The company’s existing FY2026 EPS guidance is $6.05 to $6.35, so the revised Zacks estimate remains within that range.

Insider Buying and Selling at Timken

In other news, Director Richard Kyle sold 13,637 shares of the company’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 completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 8.10% of the company’s stock.

Timken Stock Up 0.9%

Shares of NYSE:TKR opened at $119.24 on Friday. The business’s 50 day moving average is $130.95 and its 200 day moving average is $121.14. The stock has a market cap of $8.26 billion, a P/E ratio of 32.32, a price-to-earnings-growth ratio of 1.31 and a beta of 1.21. Timken Company has a 52-week low of $70.57 and a 52-week high of $146.37. The company has a quick ratio of 1.74, a current ratio of 3.10 and a debt-to-equity ratio of 0.61.

Timken (NYSE:TKR) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.21. Timken had a return on equity of 12.63% and a net margin of 5.43%.The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the business earned $1.12 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Sell-side analysts predict that Timken Company will post 6.26 EPS for the current year.

Timken Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were issued a $0.36 dividend. The ex-dividend date was 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 Ratings Changes

TKR has been the subject of a number of recent analyst reports. Morgan Stanley set a $140.00 price target on shares of Timken in a research note on Thursday, May 21st. Bank of America upgraded Timken from a “neutral” rating to a “buy” rating and boosted their target price for the company from $129.00 to $135.00 in a research report on Tuesday, September 1st. Oppenheimer set a $135.00 price target on Timken in a report on Tuesday, September 1st. The Goldman Sachs Group boosted their price objective on Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Finally, DA Davidson set a $130.00 target price on Timken in a research note on Friday, August 14th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $145.50.

About Timken

Timken is an industrial technology company that designs and manufactures engineered bearings and motion-related products. Its offerings include tapered and spherical roller bearings, precision bearings, seals, lubrication systems, and other components used to reduce friction, support rotating equipment, and improve the performance and reliability of machinery.

The company also provides industrial motion products and services, including power transmission components, chain, belts, couplings, gear drives, linear motion systems, and related maintenance and engineering solutions.