Y Intercept Hong Kong Ltd Has $5.15 Million Position in Timken Company (The) $TKR

Posted by George Bondi on Jul 5th, 2026

Y Intercept Hong Kong Ltd boosted its stake in shares of Timken Company (The) (NYSE:TKR – Free Report) by 247.3% during the first quarter, Holdings Channel.com reports. The fund owned 51,195 shares of the industrial products company’s stock after acquiring an additional 36,455 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Timken were worth $5,149,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of Timken by 44.2% in the first quarter. Royal Bank of Canada now owns 90,550 shares of the industrial products company’s stock worth $6,508,000 after purchasing an additional 27,750 shares during the period. Goldman Sachs Group Inc. lifted its position in Timken by 147.0% during the first quarter. Goldman Sachs Group Inc. now owns 355,765 shares of the industrial products company’s stock worth $25,569,000 after purchasing an additional 211,718 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Timken by 7.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,872 shares of the industrial products company’s stock worth $16,305,000 after purchasing an additional 16,000 shares during the period. Prudential Financial Inc. grew its stake in Timken by 18.7% during the second quarter. Prudential Financial Inc. now owns 6,815 shares of the industrial products company’s stock worth $494,000 after buying an additional 1,075 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Timken by 241.7% during the second quarter. Invesco Ltd. now owns 604,879 shares of the industrial products company’s stock worth $43,884,000 after buying an additional 427,879 shares in the last quarter. 89.08% of the stock is owned by institutional investors and hedge funds.

Timken Stock Up 0.2%

TKR stock opened at $139.37 on Friday. The stock has a market capitalization of $9.69 billion, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. Timken Company has a 12 month low of $70.57 and a 12 month high of $146.37. The firm has a 50-day moving average price of $127.04 and a 200-day moving average price of $108.27.

Timken (NYSE:TKR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.17. The company had revenue of $1.23 billion for 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 firm’s revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, equities research analysts anticipate that Timken Company will post 6.14 EPS for the current fiscal year.

Timken Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were given a $0.36 dividend. This is an increase from Timken’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, May 19th. Timken’s dividend payout ratio (DPR) is 32.73%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Timken from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $130.00 to $150.00 in a report on Tuesday, May 26th. Citigroup lifted their price objective on shares of Timken from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Timken in a research report on Monday, April 20th. The Goldman Sachs Group set a $128.00 target price on Timken in a research note on Friday, May 22nd. Finally, Evercore reaffirmed an “outperform” rating and issued a $158.00 target price on shares of Timken in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Timken has a consensus rating of “Moderate Buy” and a consensus price target of $141.62.

Get Our Latest Report on TKR

Insiders Place Their Bets

In other news, Director John M. Timken, Jr. sold 15,000 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the completion of the transaction, the director directly owned 264,744 shares in the company, valued at approximately $30,845,323.44. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ajita G. Rajendra sold 8,450 shares of the company’s 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 transaction, the director owned 20,225 shares of the company’s stock, valued at $2,656,351.50. This trade represents a 29.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 69,079 shares of company stock valued at $8,296,144. 8.10% of the stock is currently owned by insiders.

Timken Profile

(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.