Timken CompanyTKR
Market Cap: $5.52B
About: The Timken Company is a manufacturer of bearings, gear belts, industrial motion products and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Engineered Bearings and Industrial Motion. Timken generates majority of its revenue in the United States of America.
Employees: 19,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 49
13% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 143
2% more funds holding
Funds holding: 438 [Q1] → 445 (+7) [Q2]
0.47% less ownership
Funds ownership: 84.43% [Q1] → 83.96% (-0.47%) [Q2]
2% less call options, than puts
Call options by funds: $8.25M | Put options by funds: $8.42M
8% less capital invested
Capital invested by funds: $5.17B [Q1] → $4.74B (-$437M) [Q2]
67% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Evercore ISI Group David Raso 31% 1-year accuracy 4 / 13 met price target | 11%upside $87 | In-Line Maintained | 19 Aug 2024 |
Financial journalist opinion
Based on 3 articles about TKR published over the past 30 days