Timken Keeps Quarterly Dividend at $0.36 per Share, Payable on Aug. 28 to Holders of Record as of Aug. 18
Timken Keeps Quarterly Dividend at $0.36 per Share, Payable on Aug. 28 to Holders of Record as of Aug. 18
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Timken Keeps Quarterly Dividend at $0.36 per Share, Payable on Aug. 28 to Holders of Record as of Aug. 18
Ajita G Rajendra, Director, on June 05, 2026, sold 8,450 shares in Timken (TKR) for $1,109,823. Following the Form 4 filing with the SEC, Rajendra has control over a total of 20,225 common shares of the company, with 20,225 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/98362/000009836226000045/xslF345X05/wk-form4_1781036076.xml
Timken (TKR) is benefiting from investor confidence in its revised 80/20-led operating model and "Elevate to Outperform" strategy, with improved visibility on near-term earnings and medium-term targets following a management meeting, Oppenheimer said in a Thursday note.The analyst said management is focusing resources on higher-growth, higher margin industrial segments while reducing exposure to lower return businesses, including through divestitures, SKU rationalization, and a sharper focus on core verticals where Timken has competitive strength.Oppenheimer noted that these initiatives are expected to support operating margin expansion through 2028, alongside mid-single-digit organic growth driven by exposure to automation, infrastructure, transportation, aerospace, and electrification trends.According to the report, the improving short cycle industrial demand, strong free cash flow generation, and disciplined capital allocation through bolt-on M&A and share repurchases support sustained earnings momentum and execution of Timken's long-term strategy.Oppenheimer maintained its outperform rating on the stock and raised its price target to $147 from $137.Shares of Timken were down 1% in Friday trading.Price: $132.25, Change: $-1.41, Percent Change: -1.05%
Timken (TKR) shares were up over 6% in Tuesday trading after JPMorgan upgraded the stock to overweight from neutral, and raised its price target to $150 from $130.Trading volume stood at more than 1.2 million shares, against a daily average of about 860,000.Price: $127.45, Change: $+7.50, Percent Change: +6.25%
Timken (TKR) has an average rating of overweight and mean price target of $132.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Timken (TKR) has an average rating of overweight and mean price target of $130, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
John M Timken Jr, Director, on May 08, 2026, sold 15,000 shares in Timken (TKR) for $1,747,650. Following the Form 4 filing with the SEC, Timken has control over a total of 768,546 common shares of the company, with 264,744 shares held directly and 503,802 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/98362/000120397126000006/xslF345X05/wk-form4_1778617159.xml
Timken (TKR) has an average rating of overweight and mean price target of $118, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $117.92, Change: $-1.78, Percent Change: -1.49%