Regents Gate Capital LLP Trims Stock Holdings in Timken Company (The) $TKR

Regents Gate Capital LLP lowered its holdings in Timken Company (The) (NYSE:TKR) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,754 shares of the industrial products company’s stock after selling 6,718 shares during the period. Timken makes up about 2.2% of Regents Gate Capital LLP’s holdings, making the stock its 23rd biggest position. Regents Gate Capital LLP owned about 0.15% of Timken worth $10,233,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TKR. Gordian Capital Singapore Pte Ltd purchased a new position in Timken in the 4th quarter valued at approximately $25,000. Clearstead Advisors LLC raised its holdings in Timken by 130.3% during the 4th quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 172 shares during the period. Eastern Bank purchased a new stake in shares of Timken during the fourth quarter worth $27,000. V Square Quantitative Management LLC purchased a new stake in shares of Timken during the fourth quarter worth $31,000. Finally, Kestra Investment Management LLC bought a new position in shares of Timken in the second quarter worth $42,000. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Timken Trading Up 0.0%

Timken stock opened at $137.76 on Friday. The stock has a market cap of $9.57 billion, a P/E ratio of 31.31, a PEG ratio of 1.65 and a beta of 1.20. Timken Company has a fifty-two week low of $70.57 and a fifty-two week high of $146.37. The firm’s fifty day moving average price is $132.49 and its 200-day moving average price is $111.97. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.55 and a current ratio of 2.88.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) 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 company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the company earned $1.40 earnings per share. The firm’s quarterly 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 research analysts forecast that Timken Company will post 6.16 earnings per share for the current fiscal year.

Timken Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.36 per share. This is a boost from Timken’s previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, May 19th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. Timken’s dividend payout ratio is 32.73%.

Wall Street Analysts Forecast Growth

TKR has been the subject of several recent research reports. The Goldman Sachs Group lifted their price target on Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Timken in a research note on Monday, April 20th. Oppenheimer lifted their target price on Timken from $137.00 to $147.00 and gave the company an “outperform” rating in a report on Friday, June 5th. DA Davidson initiated coverage on Timken in a research report on Tuesday, June 16th. They set a “neutral” rating and a $130.00 price target on the stock. Finally, KeyCorp increased their price target on shares of Timken from $140.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $149.62.

Insider Activity

In related news, Director John M. Timken, Jr. sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $116.51, for a total value of $1,747,650.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard G. Kyle sold 8,448 shares of Timken stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $127.35, for a total transaction of $1,075,852.80. Following the sale, the director owned 197,361 shares of the company’s stock, valued at approximately $25,133,923.35. The trade was a 4.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 69,079 shares of company stock worth $8,296,144. 8.10% of the stock is currently owned by insiders.

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.