Deprince Race & Zollo Inc. Buys 272,135 Shares of Timken Company (The) $TKR

Deprince Race & Zollo Inc. boosted its stake in shares of Timken Company (The) (NYSE:TKR) by 90.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 573,069 shares of the industrial products company’s stock after buying an additional 272,135 shares during the quarter. Timken makes up 0.9% of Deprince Race & Zollo Inc.’s portfolio, making the stock its 27th largest position. Deprince Race & Zollo Inc. owned 0.82% of Timken worth $48,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. UBS Group AG lifted its holdings 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 buying an additional 2,012,352 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Timken by 34.8% during 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 buying an additional 385,389 shares in the last quarter. Cooke & Bieler LP lifted its holdings in Timken by 28.6% during the 3rd quarter. Cooke & Bieler LP now owns 1,423,361 shares of the industrial products company’s stock valued at $107,008,000 after buying an additional 316,380 shares in the last quarter. Invesco Ltd. lifted its holdings in Timken by 124.5% during the 3rd quarter. Invesco Ltd. now owns 1,358,154 shares of the industrial products company’s stock valued at $102,106,000 after buying an additional 753,275 shares in the last quarter. Finally, Keybank National Association OH lifted its holdings in Timken by 107.8% during the 3rd quarter. Keybank National Association OH now owns 727,777 shares of the industrial products company’s stock valued at $54,714,000 after buying an additional 377,607 shares in the last quarter. Institutional investors own 89.08% of the company’s stock.

Timken Stock Down 0.0%

Shares of Timken stock opened at $106.70 on Monday. The firm’s 50 day moving average price is $102.95 and its 200-day moving average price is $89.59. 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 52-week low of $59.22 and a 52-week high of $111.39. The company has a market cap of $7.45 billion, a P/E ratio of 25.96, a PEG ratio of 1.56 and a beta of 1.18.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $1.07 billion. During the same quarter in the previous year, the firm earned $1.16 EPS. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, sell-side analysts predict that Timken Company will post 5.62 EPS for the current fiscal year.

Timken Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 24th were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Timken’s payout ratio is presently 34.06%.

Insider Activity

In other news, Director Richard G. Kyle sold 19,636 shares of Timken stock in a transaction that occurred on 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 owned 243,636 shares of the company’s stock, valued at $26,310,251.64. The trade was a 7.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 8.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TKR. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a report on Wednesday, January 21st. Oppenheimer set a $108.00 price objective on shares of Timken in a report on Thursday, February 5th. Citigroup lifted their price objective on shares of Timken from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Wall Street Zen raised shares of Timken from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Finally, Morgan Stanley raised their target price on shares of Timken from $116.00 to $119.00 and gave the company an “overweight” rating in a research report on Monday, March 30th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $98.38.

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.