Timken Company
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 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
24% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 49
3% more funds holding
Funds holding: 448 [Q2] → 460 (+12) [Q3]
2% more capital invested
Capital invested by funds: $4.8B [Q2] → $4.91B (+$116M) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 160
7% less call options, than puts
Call options by funds: $16.8M | Put options by funds: $18.1M
2.22% less ownership
Funds ownership: 84.99% [Q2] → 82.77% (-2.22%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Citigroup Kyle Menges 29% 1-year accuracy 5 / 17 met price target | 26%upside $90 | Buy Upgraded | 9 Dec 2024 |
Jefferies Stephen Volkmann 20% 1-year accuracy 2 / 10 met price target | 33%upside $95 | Buy Upgraded | 6 Dec 2024 |
Evercore ISI Group David Raso 56% 1-year accuracy 10 / 18 met price target | 27%upside $91 | Outperform Upgraded | 13 Nov 2024 |
DA Davidson Michael Shlisky 39% 1-year accuracy 11 / 28 met price target | 38%upside $99 | Buy Maintained | 6 Nov 2024 |
Oppenheimer Bryan Blair 63% 1-year accuracy 25 / 40 met price target | 35%upside $97 | Outperform Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 5 articles about TKR published over the past 30 days