Knights of Columbus Asset Advisors LLC Acquires New Shares in Timken Company (The) $TKR

Knights of Columbus Asset Advisors LLC purchased a new position in shares of Timken Company (The) (NYSE:TKR) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 7,330 shares of the industrial products company’s stock, valued at approximately $617,000.

Other large investors also recently made changes to their positions in the company. UBS Group AG boosted its stake in Timken by 734.7% during the 3rd quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock valued at $171,880,000 after purchasing an additional 2,012,352 shares during the period. Bank of New York Mellon Corp raised its holdings in Timken by 34.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company’s stock valued at $112,256,000 after acquiring an additional 385,389 shares in the last quarter. Invesco Ltd. raised its holdings in Timken by 124.5% in the 3rd quarter. Invesco Ltd. now owns 1,358,154 shares of the industrial products company’s stock valued at $102,106,000 after acquiring an additional 753,275 shares in the last quarter. Keybank National Association OH raised its holdings in Timken by 17.8% in the 4th quarter. Keybank National Association OH now owns 857,235 shares of the industrial products company’s stock valued at $72,119,000 after acquiring an additional 129,458 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Timken by 22.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 726,557 shares of the industrial products company’s stock valued at $52,712,000 after acquiring an additional 133,404 shares in the last quarter. Institutional investors own 89.08% of the company’s stock.

More Timken News

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks Research raised multiple earnings estimates for Timken, including FY2026, FY2027, and several quarterly forecasts, signaling improved expectations for the company’s profitability. Timken stock page
• Positive Sentiment: The stock recently hit a 52-week high after management outlined growth targets, margin expansion plans, and acquisition-driven portfolio expansion at Investor Day, which appears to be fueling the bullish move. Timken Stock Hits 52-Week High: What’s Driving Its Performance?
• Neutral Sentiment: Director Richard G. Kyle disclosed a sale of 8,448 shares at an average price of $127.35. While insider selling can sometimes weigh on sentiment, the transaction was relatively modest versus his remaining stake and does not necessarily indicate a change in outlook. SEC Form 4 filing

Insiders Place Their Bets

In related news, Director John M. Timken, Jr. sold 15,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the completion of the sale, the director directly owned 264,744 shares of the company’s stock, valued at $30,845,323.44. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard G. 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 sale, the director directly owned 197,361 shares of the company’s stock, valued at $25,133,923.35. This represents a 4.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 60,629 shares of company stock valued at $7,186,321 over the last ninety days. Insiders own 8.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on TKR. Wall Street Zen raised Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. DA Davidson upped their price target on Timken from $117.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, May 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a report on Monday, April 20th. Morgan Stanley set a $140.00 target price on Timken in a report on Thursday, May 21st. Finally, Citigroup increased their target price on Timken from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $139.13.

Timken Trading Up 0.9%

Shares of TKR opened at $127.96 on Friday. Timken Company has a 1 year low of $67.14 and a 1 year high of $128.61. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. The stock has a 50 day simple moving average of $109.21 and a 200-day simple moving average of $98.20. The stock has a market cap of $8.89 billion, a PE ratio of 29.08, a PEG ratio of 1.52 and a beta of 1.18.

Timken (NYSE:TKR) last issued its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the firm posted $1.40 EPS. Timken’s quarterly revenue was up 8.0% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, sell-side analysts predict that Timken Company will post 6.13 EPS for the current fiscal year.

Timken Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were issued a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Timken’s previous quarterly dividend of $0.35. Timken’s payout ratio is 32.73%.

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.