Channing Capital Management LLC Cuts Stock Position in Timken Company (The) $TKR

Channing Capital Management LLC trimmed its position in Timken Company (The) (NYSE:TKR) by 1.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,117,927 shares of the industrial products company’s stock after selling 10,731 shares during the period. Timken makes up about 2.2% of Channing Capital Management LLC’s holdings, making the stock its 15th biggest position. Channing Capital Management LLC owned approximately 1.60% of Timken worth $84,046,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. American Century Companies Inc. boosted its holdings in shares of Timken by 13.4% in the second quarter. American Century Companies Inc. now owns 3,845,175 shares of the industrial products company’s stock valued at $278,968,000 after acquiring an additional 455,050 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Timken by 34.8% during the third quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company’s stock worth $112,256,000 after purchasing an additional 385,389 shares in the last quarter. Cooke & Bieler LP lifted its position in Timken by 28.6% in the third quarter. Cooke & Bieler LP now owns 1,423,361 shares of the industrial products company’s stock valued at $107,008,000 after purchasing an additional 316,380 shares during the period. Brown Advisory Inc. boosted its holdings in Timken by 3.6% in the 2nd quarter. Brown Advisory Inc. now owns 901,988 shares of the industrial products company’s stock valued at $65,439,000 after purchasing an additional 31,495 shares in the last quarter. Finally, Frontier Capital Management Co. LLC increased its position in Timken by 33.1% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 766,793 shares of the industrial products company’s stock worth $55,631,000 after purchasing an additional 190,628 shares during the period. Hedge funds and other institutional investors own 89.08% of the company’s stock.

Timken Trading Up 0.9%

Shares of TKR stock opened at $108.12 on Friday. The stock has a market cap of $7.52 billion, a P/E ratio of 26.31, a P/E/G ratio of 1.59 and a beta of 1.21. The company has a quick ratio of 1.47, a current ratio of 2.82 and a debt-to-equity ratio of 0.56. Timken Company has a fifty-two week low of $56.20 and a fifty-two week high of $111.39. The business has a fifty day simple moving average of $94.14 and a 200-day simple moving average of $83.38.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. Timken had a net margin of 6.29% and a return on equity of 11.52%. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the company earned $1.16 EPS. The firm’s revenue was up 3.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, analysts forecast that Timken Company will post 5.62 earnings per share for the current fiscal year.

Timken Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Tuesday, February 24th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, February 24th. Timken’s dividend payout ratio (DPR) is 34.06%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TKR. DA Davidson raised their price target on Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. JPMorgan Chase & Co. increased their price objective on Timken from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. The Goldman Sachs Group restated a “neutral” rating and set a $88.00 target price on shares of Timken in a research report on Thursday, October 30th. Oppenheimer set a $108.00 price target on shares of Timken in a report on Thursday, February 5th. Finally, Morgan Stanley boosted their price objective on shares of Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $93.78.

Insider Activity

In related news, Director Richard G. Kyle sold 15,837 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $81.03, for a total value of $1,283,272.11. Following the sale, the director owned 266,942 shares of the company’s stock, valued at approximately $21,630,310.26. This represents a 5.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.70% of the stock is owned by corporate insiders.

Trending Headlines about Timken

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks nudged up Q4 2027 EPS to $1.52 (from $1.50) — a small upward revision that supports better late‑cycle profitability expectations. Zacks revisions – MarketBeat
• Positive Sentiment: Zacks published a FY2028 EPS forecast of $6.96, signaling stronger longer‑term growth expectations vs. current consensus — a potential reason investors are looking past some near‑term cuts.
• Neutral Sentiment: Small trims to near‑term quarters: Q1 2026 to $1.49 (from $1.51) and Q2 2026 to $1.55 (from $1.60) — modest reductions that temper, but do not radically change, near‑quarter expectations.
• Negative Sentiment: Larger downward revisions for 2026/2027 cadence: Q4 2026 cut to $1.25 (from $1.43), and multiple 2027 quarters trimmed (Q1 2027 to $1.56 from $1.63; Q2 2027 to $1.65 from $1.71; Q3 2027 to $1.61 from $1.69). These reductions suggest Zacks expects weaker demand or margin pressure in the near‑to‑mid term.
• Negative Sentiment: FY revisions: FY2026 lowered to $5.80 (from $6.04) and FY2027 lowered to $6.33 (from $6.53). Those cuts reduce near‑term earnings visibility and are a negative for valuation if sustained.

Timken Company 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.