The Timken Company (NYSE:TKR – Get Rating) CEO Richard G. Kyle sold 24,851 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $73.74, for a total transaction of $1,832,512.74. Following the sale, the chief executive officer now owns 383,082 shares in the […]
The Timken Company (NYSE:TKR – Get Rating) – KeyCorp boosted their FY2023 earnings per share estimates for Timken in a research note issued on Wednesday, May 3rd. KeyCorp analyst S. Barger now expects that the industrial products company will earn $7.50 per share for the year, up from their previous estimate of $6.83. KeyCorp has […]
Premier Fund Managers Ltd bought a new stake in shares of The Timken Company (NYSE:TKR – Get Rating) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 108,500 shares of the industrial products company’s stock, valued at approximately $7,703,000. Premier Fund Managers Ltd owned 0.15% of Timken as […]
StockNews.com downgraded shares of Timken (NYSE:TKR – Get Rating) from a strong-buy rating to a buy rating in a research report sent to investors on Wednesday morning. Several other analysts also recently commented on TKR. Oppenheimer increased their price objective on shares of Timken from $88.00 to $90.00 and gave the company an outperform rating […]
Handelsbanken Fonder AB reduced its holdings in The Timken Company (NYSE:TKR – Get Rating) by 51.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,500 shares of the industrial products company’s stock after selling 5,800 shares during the period. Handelsbanken Fonder AB’s holdings in Timken were worth $389,000 as of its most recent […]