Tocqueville Asset Management L.P. Invests $4.51 Million in Timken Company (The) $TKR

Tocqueville Asset Management L.P. bought a new stake in shares of Timken Company (The) (NYSE:TKR) in the second quarter, Holdings Channel.com reports. The fund bought 31,007 shares of the industrial products company’s stock, valued at approximately $4,506,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Gordian Capital Singapore Pte Ltd purchased a new position in Timken in the 4th quarter worth about $25,000. Clearstead Advisors LLC boosted its position in Timken by 130.3% in the 4th quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after buying an additional 172 shares during the period. Elevation Wealth Partners LLC boosted its position in Timken by 420.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock valued at $38,000 after buying an additional 210 shares during the period. Trust Co. of Vermont bought a new position in Timken in the 2nd quarter worth about $41,000. Finally, Kestra Investment Management LLC bought a new position in Timken in the 2nd quarter worth about $42,000. 89.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and set a $158.00 price target on shares of Timken in a research note on Monday, May 11th. JPMorgan Chase & Co. increased their price objective on Timken from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. DA Davidson set a $130.00 price objective on Timken in a report on Friday, August 14th. KeyCorp lifted their target price on Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, The Goldman Sachs Group upped their target price on Timken from $128.00 to $142.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

Timken News Summary

Here are the key news stories impacting Timken this week:

• Positive Sentiment: CNBC contributor Stephanie Link identified Timken as a relatively cheap “AI food chain” play, suggesting the company could benefit from demand for bearings and other industrial components used in data centers and related infrastructure. Stephanie Link is buying this little-known play on the AI food chain. And it’s cheap
• Neutral Sentiment: Zacks raised its FY2026 EPS forecast to $6.18 from $6.11, FY2027 EPS to $6.96 from $6.86, and made modest increases to estimates for the first and second quarters of 2027 and the fourth quarter of 2027. However, the revised FY2026 forecast remains slightly below the broader consensus estimate of $6.26.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $1.43 from $1.50 and its Q4 2026 forecast to $1.25 from $1.32. It also reduced its Q1 2028 estimate to $1.98 from $2.23 and FY2028 EPS to $8.26 from $8.50. The cuts imply softer near-term earnings expectations and may be the principal reason the stock has decreased.

Insiders Place Their Bets

In other Timken news, Director Ajita G. Rajendra sold 8,450 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following the sale, the director owned 20,225 shares of the company’s stock, valued at approximately $2,656,351.50. This trade represents a 29.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard G. Kyle sold 13,637 shares of Timken stock in a transaction on Monday, August 10th. The shares were sold at an average price of $126.63, for a total value of $1,726,853.31. Following the completion of the transaction, the director owned 183,724 shares in the company, valued at $23,264,970.12. This represents a 6.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 30,535 shares of company stock valued at $3,912,529. 8.10% of the stock is owned by company insiders.

Timken Trading Down 1.0%

NYSE:TKR opened at $124.45 on Friday. Timken Company has a one year low of $70.57 and a one year high of $146.37. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. The firm has a market cap of $8.62 billion, a P/E ratio of 33.73, a P/E/G ratio of 1.48 and a beta of 1.21. The firm has a 50-day simple moving average of $136.98 and a 200-day simple moving average of $119.36.

Timken (NYSE:TKR) last announced its quarterly earnings results 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 net margin of 5.43% and a return on equity of 12.63%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the company earned $1.12 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Equities analysts anticipate that Timken Company will post 6.26 EPS for the current fiscal year.

Timken Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.36 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. Timken’s dividend payout ratio is currently 39.02%.

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.