Ajita Rajendra Sells 8,450 Shares of Timken (NYSE:TKR) Stock

Posted by Geri Gentry on Jun 11th, 2026

Timken Company (The) (NYSE:TKR – Get Free Report) Director Ajita Rajendra sold 8,450 shares of Timken 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 completion of 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 SEC, which is accessible through this hyperlink.

Timken Stock Down 3.2%

Shares of NYSE:TKR opened at $132.66 on Thursday. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $114.67 and a 200 day simple moving average of $101.51. The firm has a market cap of $9.22 billion, a PE ratio of 30.15, a price-to-earnings-growth ratio of 1.64 and a beta of 1.21. Timken Company has a 12-month low of $69.25 and a 12-month high of $139.77.

Timken (NYSE:TKR – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.17. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.17 billion. Timken had a net margin of 6.60% and a return on equity of 11.84%. The business’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, equities research analysts anticipate that Timken Company will post 6.13 EPS for the current fiscal year.

Timken Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were issued a $0.36 dividend. This is a boost from Timken’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, May 19th. Timken’s dividend payout ratio is presently 32.73%.

Hedge Funds Weigh In On Timken

Hedge funds and other institutional investors have recently modified their holdings of the company. Phocas Financial Corp. boosted its holdings in shares of Timken by 81.2% during the fourth quarter. Phocas Financial Corp. now owns 88,967 shares of the industrial products company’s stock valued at $7,485,000 after acquiring an additional 39,871 shares during the period. Oliver Luxxe Assets LLC acquired a new position in shares of Timken during the fourth quarter valued at $1,990,000. Wealth High Governance Capital Ltda acquired a new position in shares of Timken during the fourth quarter valued at $16,429,000. Peregrine Investment Management Inc. acquired a new position in shares of Timken during the first quarter valued at $7,040,000. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Timken during the third quarter valued at $8,107,000. Institutional investors and hedge funds own 89.08% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on TKR shares. KeyCorp lifted their price objective on shares of Timken from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. The Goldman Sachs Group set a $128.00 price objective on shares of Timken in a report on Friday, May 22nd. Citigroup lifted their price objective on shares of Timken from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Oppenheimer lifted their price objective on shares of Timken from $137.00 to $147.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Timken in a report on Monday, April 20th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Timken currently has an average rating of “Moderate Buy” and a consensus price target of $140.38.

Check Out Our Latest Research Report on TKR

Timken Company Profile

(Get Free Report)

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.