Timken Company (The) $TKR Shares Purchased by TD Waterhouse Canada Inc.

Posted by Stanley Muller on Sep 5th, 2026

TD Waterhouse Canada Inc. increased its stake in Timken Company (The) (NYSE:TKR – Free Report) by 55.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 178,506 shares of the industrial products company’s stock after acquiring an additional 63,553 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Timken were worth $25,320,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in Timken by 44.2% during the first quarter. Royal Bank of Canada now owns 90,550 shares of the industrial products company’s stock valued at $6,508,000 after purchasing an additional 27,750 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Timken by 147.0% during the 1st 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Timken by 7.6% in the 1st 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 valued at $16,305,000 after buying an additional 16,000 shares in the last quarter. Prudential Financial Inc. lifted its stake in Timken by 18.7% in the 2nd quarter. Prudential Financial Inc. now owns 6,815 shares of the industrial products company’s stock valued at $494,000 after buying an additional 1,075 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Timken by 241.7% in the 2nd 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 during the last quarter. 89.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TKR. DA Davidson set a $130.00 target price on Timken in a report on Friday, August 14th. KeyCorp lifted their price target on Timken from $140.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Evercore reiterated an “outperform” rating and set a $158.00 price target on shares of Timken in a research report on Monday, May 11th. JPMorgan Chase & Co. raised their price objective on Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Bank of America raised shares of Timken from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $129.00 to $135.00 in a research note on Tuesday. Seven 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 $145.50.

View Our Latest Research Report on TKR

Timken Price Performance

NYSE:TKR opened at $123.21 on Friday. Timken Company has a one year low of $70.57 and a one year high of $146.37. The stock has a market cap of $8.54 billion, a PE ratio of 33.39, a P/E/G ratio of 1.34 and a beta of 1.21. 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 stock has a 50 day moving average price of $133.05 and a 200 day moving average price of $120.67.

Timken (NYSE:TKR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.21. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 earnings per share. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Equities research analysts expect that Timken Company will post 6.26 EPS for the current fiscal year.

Timken Dividend Announcement

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

Insider Transactions at Timken

In related news, Director Richard Kyle sold 13,637 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the completion of the sale, the director directly owned 183,724 shares in the company, valued at approximately $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 accessible through this link. Insiders own 8.10% of the company’s stock.

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.