Jupiter Topco LLC Takes Position in Timken Company (The) $TKR

Posted by on Sep 2nd, 2026

Jupiter Topco LLC acquired a new stake in Timken Company (The) (NYSE:TKR – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 28,919 shares of the industrial products company’s stock, valued at approximately $4,204,000.

A number of other institutional investors have also recently added to or reduced their stakes in TKR. Ancora Advisors LLC purchased a new position in Timken in the second quarter valued at about $291,000. Canada Pension Plan Investment Board purchased a new stake in shares of Timken during the 2nd quarter worth approximately $13,776,000. Castleark Management LLC acquired a new stake in shares of Timken in the 2nd quarter worth approximately $10,957,000. Legal & General Group Plc purchased a new position in Timken in the 2nd quarter valued at approximately $12,934,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Timken during the second quarter worth $75,977,000. Hedge funds and other institutional investors own 89.08% of the company’s stock.

Timken Trading Down 1.2%

Timken stock opened at $119.03 on Wednesday. The stock has a 50-day moving average price of $134.22 and a 200 day moving average price of $120.46. Timken Company has a 52 week low of $70.57 and a 52 week high of $146.37. The stock has a market cap of $8.25 billion, a PE ratio of 32.26, a P/E/G ratio of 1.42 and a beta of 1.21. The company has a current ratio of 3.10, a quick ratio of 1.74 and a debt-to-equity ratio of 0.61.

Timken (NYSE:TKR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.21. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Timken had a net margin of 5.43% and a return on equity of 12.63%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Equities research analysts predict that Timken Company will post 6.25 earnings per share for the current fiscal year.

Timken Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 18th were given a dividend of $0.36 per share. The ex-dividend date was Tuesday, August 18th. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. Timken’s dividend payout ratio (DPR) is 39.02%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Morgan Stanley set a $140.00 target price on Timken in a report on Thursday, May 21st. Citigroup lifted their price target on Timken from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. The Goldman Sachs Group increased their price objective on shares of Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. Evercore restated an “outperform” rating and set a $158.00 target price on shares of Timken in a report on Monday, May 11th. Finally, Weiss Ratings raised shares of Timken from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $145.50.

Read Our Latest Research Report on Timken

Insider Activity at Timken

In other news, Director Richard G. Kyle sold 13,637 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the sale, the director owned 183,724 shares in the company, valued at $23,264,970.12. This trade represents a 6.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ajita G. Rajendra sold 8,450 shares of Timken stock in a transaction on Friday, June 5th. The shares were sold at an average price of $131.34, for a total value of $1,109,823.00. Following the completion of the sale, the director directly owned 20,225 shares of the company’s stock, valued at approximately $2,656,351.50. This represents a 29.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 8.10% of the stock is currently owned by insiders.

About Timken

(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.

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Institutional Ownership by Quarter for Timken (NYSE:TKR)

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