United Capital Financial Advisors LLC Buys Shares of 4,825 Timken Company (The) $TKR

United Capital Financial Advisors LLC bought a new stake in Timken Company (The) (NYSE:TKR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,825 shares of the industrial products company’s stock, valued at approximately $701,000.

A number of other institutional investors have also recently made changes to their positions in the company. Brasada Capital Management LP acquired a new position in Timken in the 2nd quarter valued at $712,000. Public Employees Retirement System of Ohio acquired a new stake in Timken during the 2nd quarter worth $2,897,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Timken during the second quarter worth $668,000. Parvin Asset Management LLC purchased a new stake in shares of Timken during the second quarter worth $140,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Timken in the second quarter valued at about $7,745,000. 89.08% of the stock is owned by institutional investors and hedge funds.

Timken Trading Up 0.2%

Shares of TKR stock opened at $121.05 on Monday. The company’s 50-day moving average price is $135.03 and its 200-day moving average price is $120.31. The company has a current ratio of 3.10, a quick ratio of 1.74 and a debt-to-equity ratio of 0.61. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 1.42 and a beta of 1.21. Timken Company has a twelve month low of $70.57 and a twelve month high of $146.37.

Timken (NYSE:TKR) last issued its quarterly earnings data 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 company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the business posted $1.12 earnings per share. The firm’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. As a group, equities analysts predict that Timken Company will post 6.25 earnings per share 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 dividend of $0.36 per share. The ex-dividend date was Tuesday, August 18th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. Timken’s dividend payout ratio is currently 39.02%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TKR shares. Oppenheimer boosted their price target on shares of Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. increased their price objective on shares of Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Evercore reissued an “outperform” rating and issued a $158.00 target price on shares of Timken in a research note on Monday, May 11th. KeyCorp boosted their target price on Timken from $140.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Finally, Citigroup upped their price target on Timken from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $150.00.

Insider Transactions at Timken

In related news, Director Ajita G. Rajendra sold 8,450 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $131.34, for a total value of $1,109,823.00. Following the sale, the director directly owned 20,225 shares in the company, valued at approximately $2,656,351.50. The trade was a 29.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard G. Kyle sold 13,637 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the completion of the transaction, the director directly owned 183,724 shares in the company, valued at $23,264,970.12. The trade was a 6.91% decrease in their position. The SEC filing for this sale provides additional information. 8.10% of the stock is currently owned by company insiders.

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.