Dimensional Fund Advisors LP Sells 12,972 Shares of Timken Company (The) $TKR

Dimensional Fund Advisors LP trimmed its holdings in Timken Company (The) (NYSE:TKR) by 0.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,375,063 shares of the industrial products company’s stock after selling 12,972 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.41% of Timken worth $178,556,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Eagle Investment Management LLC boosted its holdings in shares of Timken by 27.4% during the 3rd quarter. First Eagle Investment Management LLC now owns 86,003 shares of the industrial products company’s stock valued at $6,466,000 after purchasing an additional 18,503 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of Timken during the 3rd quarter valued at approximately $8,107,000. Aster Capital Management DIFC Ltd grew its holdings in shares of Timken by 246.2% in the third quarter. Aster Capital Management DIFC Ltd now owns 1,513 shares of the industrial products company’s stock valued at $114,000 after purchasing an additional 1,076 shares in the last quarter. Erste Asset Management GmbH increased its position in Timken by 51.8% in the third quarter. Erste Asset Management GmbH now owns 21,817 shares of the industrial products company’s stock worth $1,641,000 after purchasing an additional 7,444 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its stake in Timken by 55.9% during the third quarter. Handelsbanken Fonder AB now owns 18,400 shares of the industrial products company’s stock valued at $1,383,000 after purchasing an additional 6,600 shares in the last quarter. Institutional investors own 89.08% of the company’s stock.

Timken Price Performance

Shares of TKR stock opened at $99.91 on Monday. The stock has a 50 day moving average price of $98.34 and a 200 day moving average price of $85.60. Timken Company has a 52-week low of $56.20 and a 52-week high of $111.39. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82. The firm has a market capitalization of $6.95 billion, a P/E ratio of 24.31, a P/E/G ratio of 1.46 and a beta of 1.18.

Timken (NYSE:TKR) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.07 billion. Timken had a return on equity of 11.52% and a net margin of 6.29%.The business’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.16 earnings per share. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, sell-side analysts predict that Timken Company will post 5.62 earnings per share for the current year.

Timken Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Tuesday, February 24th were issued a dividend of $0.35 per share. The ex-dividend date was Tuesday, February 24th. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Timken’s dividend payout ratio (DPR) is presently 34.06%.

Wall Street Analyst Weigh In

TKR has been the subject of a number of recent research reports. Oppenheimer set a $108.00 price objective on shares of Timken in a research note on Thursday, February 5th. Morgan Stanley boosted their price objective on Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. DA Davidson raised their price objective on Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. boosted their target price on Timken from $85.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Timken in a report on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $93.78.

Insider Transactions at Timken

In other Timken news, Director Richard G. Kyle sold 19,636 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $107.99, for a total value of $2,120,491.64. Following the transaction, the director directly owned 243,636 shares in the company, valued at $26,310,251.64. This represents a 7.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.70% of the stock is currently owned by company 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.