Recent Insider Transactions • May 14
Director recently sold Mex$75m worth of stock On the 8th of May, Richard Kyle sold around 37k shares on-market at roughly Mex$2,019 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$221m more than they bought in the last 12 months. Upcoming Dividend • May 13
Upcoming dividend of US$0.36 per share Eligible shareholders must have bought the stock before 19 May 2026. Payment date: 29 May 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Mexican dividend payers (5.6%). Lower than average of industry peers (10.0%). Ankündigung • May 09
The Timken Company announces Quarterly dividend, payable on May 29, 2026 The Timken Company announced Quarterly dividend of USD 0.3600 per share payable on May 29, 2026, ex-date on May 19, 2026 and record date on May 19, 2026. Ankündigung • May 08
The Timken Company Increases Earnings Guidance for the Full-Year 2026 The Timken Company increased earnings guidance for the full-year 2026. Timken is increasing its 2026 outlook, with full-year earnings per diluted share now forecasted to be in the range of $4.70 per share to $5.20 per share. The company is planning for 2026 revenue to be up approximately 5 % in total at the midpoint from 2025, an increase from its prior outlook of 3 % growth at the midpoint. Ankündigung • Apr 15
The Timken Company to Report Q1, 2026 Results on May 06, 2026 The Timken Company announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Ankündigung • Mar 20
The Timken Company (NYSE : TKR) acquired Bijur Delimon International. The Timken Company (NYSE : TKR) acquired Bijur Delimon International on March 18, 2026. The transaction was funded with cash on hand and existing committed facilities.
The Timken Company (NYSE : TKR) completed the acquisition of Bijur Delimon International on March 18, 2026. Ankündigung • Mar 18
The Timken Company, Annual General Meeting, May 08, 2026 The Timken Company, Annual General Meeting, May 08, 2026. Ankündigung • Feb 14
The Timken Company Announces Committee Changes, Effective March 31, 2026 The Timken Company announced that James F. Palmer and the company mutually agreed that he would retire effective as of March 31, 2026 to support the planned transition of the Audit Committee chair role to Sarah C. Lauber. James F. Palmer currently serves as the Chair of the Audit Committee and a member of the Compensation Committee. Ankündigung • Feb 13
The Timken Company Declares Quarterly Cash Dividend, Payable on March 6, 2026 The board of directors of The Timken Company declared a quarterly cash dividend of 35 cents per share. The dividend is payable on March 6, 2026, to shareholders of record as of Feb. 24, 2026. Ankündigung • Feb 04
The Timken Company Provides Earnings Guidance for the Full Year 2026 The Timken Company provided earnings guidance for the full year 2026. For the year, the company expects earnings per diluted share in the range of $4.50 to $5.00. The company is planning for 2026 revenue to be up in the range of 2% to 4% in total compared to 2025. Ankündigung • Jan 21
The Timken Company to Report Q4, 2025 Results on Feb 04, 2026 The Timken Company announced that they will report Q4, 2025 results Pre-Market on Feb 04, 2026 Ankündigung • Jan 07
the Timken Company Announces Strategic Leadership Appointments to Accelerate Profitable Growth The Timken Company announced strategic leadership appointments designed to accelerate profitable growth by advancing technology innovation, strengthening market focus and expanding regional presence. John Szarka is appointed to the new position of chief technology officer and elected an officer of the company. He most recently served as vice president, product management – Engineered Bearings. Szarka will advance enterprise-wide technology strategy and resource allocation across the company's portfolio. This includes delivering product technology roadmaps for key markets, unlocking synergies between businesses, and leading Timken's strategy for AI, automation and data to improve decision velocity and resource deployment. This appointment elevates technology and innovation as primary drivers of organic growth. Timken is evolving its regional leadership structure to support accelerated sales growth. Sudesh Kumar, formerly vice president, sales and customer engineering Americas, is appointed to the new position of president of Americas. Diego Macario, formerly president of Groeneveld-BEKA, is appointed to the new position of president of Europe. Continuing in their regional leadership roles are Lance Yu, president of China and Northeast Asia, and Sanjay Koul, president of India, Africa, Middle East and Central and Southeast Asia. Responsible for regional growth strategies, these leaders are tasked with driving greater geographic penetration, unlocking new commercial opportunities and supporting local customer needs. Recent Insider Transactions • Nov 27
Director recently sold Mex$24m worth of stock On the 25th of November, Richard Kyle sold around 16k shares on-market at roughly Mex$1,494 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$139m more than they bought in the last 12 months. Ankündigung • Nov 14
The Timken Company Declares Quarterly Cash Dividend, Payable on December 5, 2025 The Timken Company's board of directors declared a quarterly cash dividend of 35 cents per share. The dividend is payable on December 5, 2025, to shareholders of record as of November 25, 2025. Ankündigung • Oct 29
The Timken Company Revises Earnings Guidance for the Year 2025 The Timken Company revised earnings guidance for the year 2025. The company is updating its 2025 outlook, with full-year earnings per diluted share now forecasted to be in the range of $3.90 to $4.00. The company is now planning for 2025 revenue to be down approximately 0.75% in total at the midpoint, a slight improvement versus the midpoint of its prior outlook. Ankündigung • Oct 14
The Timken Company to Report Q3, 2025 Results on Oct 29, 2025 The Timken Company announced that they will report Q3, 2025 results Pre-Market on Oct 29, 2025 Declared Dividend • Aug 18
Second quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 19th August 2025 Payment date: 29th August 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Aug 14
The Timken Company Announces Chief Financial Officer Changes The Timken Company on August 14, 2025 announced that its Board of Directors has appointed Michael A. Discenza as vice president, chief financial officer and an officer of the company, effective August 14, 2025. Discenza has 25 years of experience at Timken in roles of increasing responsibility, including the last 10 as vice president, finance, and group controller. Since joining the company in 2000, Discenza has progressed through a variety of financial and accounting leadership roles. A trusted partner to the executive leadership team, Discenza combines extensive industry knowledge with financial expertise to optimize the performance of the business. His experience also includes accounting and external reporting, financial planning and analysis, investor relations and advising the Board's audit committee. He holds bachelor's and master's degrees in economics from The University of Akron and is a certified management accountant. Discenza succeeds Philip D. Fracassa, who is leaving Timken to pursue another opportunity. Ankündigung • Aug 09
The Timken Company Declares Quarterly Cash Dividend, Payable on August 29, 2025 The board of directors of The Timken Company declared a quarterly cash dividend of 35 cents per share. The dividend is payable on August 29, 2025, to shareholders of record as of August 19, 2025. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: US$1.13 (vs US$1.37 in 2Q 2024) Second quarter 2025 results: EPS: US$1.13 (down from US$1.37 in 2Q 2024). Revenue: US$1.17b (flat on 2Q 2024). Net income: US$78.5m (down 18% from 2Q 2024). Profit margin: 6.7% (down from 8.1% in 2Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Ankündigung • Jul 30
The Timken Company Updates Earnings Guidance for the Full Year 2025 The Timken Company updated earnings guidance for the full year 2025. For the year, the company earnings per diluted share now forecasted to be in the range of $3.90 to $4.20. The company is taking a cautious view on second half demand and is now planning for 2025 revenue in the range of -2.0% to -0.5% in total compared to 2024. Ankündigung • Jul 10
The Timken Company to Report Q2, 2025 Results on Jul 30, 2025 The Timken Company announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025 Ankündigung • Jun 03
Timken Names Timothy A. Graham President of Industrial Motion and an Officer The Timken Company announced the appointment of Timothy A. Graham as president of Industrial Motion and an officer of the company, effective immediately. Graham, who most recently served as vice president of operations for Engineered Bearings, succeeds Christopher A. Coughlin. Coughlin, who announced his retirement earlier this year, will remain with the company through his planned retirement to help ensure a seamless transition. Since joining Timken in 2003, Graham has built an impressive track record leading complex global operations. Most recently, as vice president of operations for Engineered Bearings, he led a worldwide network of bearing manufacturing and distribution facilities. His responsibilities also included companywide leadership of supply chain, sourcing, quality, continuous improvement, EH&S and sustainability. Graham served as acting president for American Roller Bearing and Aurora Bearing following their acquisitions, and gained valuable international experience leading European operations from Colmar, France. Before joining Timken, Graham held supply chain leadership roles at International Paper and Thomas & Betts. Graham holds a bachelor's degree in transportation and logistics management from Kent State University and an executive MBA from the University of Memphis. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Mex$1,419, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Machinery industry globally. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,332 per share. Declared Dividend • May 12
First quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 13th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • May 05
First quarter dividend of US$0.35 announced Shareholders will receive a dividend of US$0.35. Ex-date: 13th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • May 02
Timken Raises Quarterly Cash Dividend, Payable on May 23, 2025 The board of directors of The Timken Company approved a 3% increase in the company's quarterly cash dividend, raising it to 35 cents per share. The dividend is payable on May 23, 2025, to shareholders of record as of May 13, 2025. Reported Earnings • May 01
First quarter 2025 earnings released: EPS: US$1.12 (vs US$1.47 in 1Q 2024) First quarter 2025 results: EPS: US$1.12 (down from US$1.47 in 1Q 2024). Revenue: US$1.14b (down 4.2% from 1Q 2024). Net income: US$78.3m (down 24% from 1Q 2024). Profit margin: 6.9% (down from 8.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat. Ankündigung • May 01
The Timken Company Reduces Earnings Guidance for the Full Year 2025 The Timken Company reduced earnings guidance for the full year 2025. For the year, the company is reducing, with earnings per diluted share now forecasted to be in the range of $3.90 to $4.40. The updated outlook reflects an estimated net impact from tariffs and its expectation for slightly lower demand over the rest of the year. The company is now planning for 2025 revenue in the range of -2.5% to 0% in total compared to 2024. Buy Or Sell Opportunity • Apr 24
Now 25% undervalued The stock has been flat over the last 90 days, currently trading at Mex$1,210. The fair value is estimated to be Mex$1,614, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period. Ankündigung • Apr 11
The Timken Company to Report Q1, 2025 Results on Apr 30, 2025 The Timken Company announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025 Buy Or Sell Opportunity • Apr 05
Now 28% undervalued The stock has been flat over the last 90 days, currently trading at Mex$1,213. The fair value is estimated to be Mex$1,694, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings are also forecast to grow by 9.7% per annum over the same time period. Ankündigung • Mar 18
The Timken Company, Annual General Meeting, May 02, 2025 The Timken Company, Annual General Meeting, May 02, 2025. Recent Insider Transactions • Feb 26
Director recently sold Mex$46m worth of stock On the 19th of February, Richard Kyle sold around 27k shares on-market at roughly Mex$1,689 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$489m more than they bought in the last 12 months. Ankündigung • Feb 14
Timken Declares Quarterly Dividend, Payable on March 7, 2025 Timken declared a quarterly cash dividend of 34 cents per share. The dividend is payable on March 7, 2025, to shareholders of record as of Feb. 25, 2025. Ankündigung • Feb 06
The Timken Company Announces Retirement of Christopher A. Coughlin as Executive Vice President and President, Industrial Motion The Timken Company announced that Christopher A. Coughlin, executive vice president and president, Industrial Motion, will retire at the end of the year after 41 years with the company. Prior to his current role, Coughlin led the engineered bearings business. He is credited with developing Timken's global manufacturing footprint and extensive distribution network, delivering industry-leading quality and customer service levels and running Timken operations with greater efficiency to drive performance. Ankündigung • Feb 05
The Timken Company Provides Earnings Guidance for the Year 2025 The Timken Company provided earnings guidance for the year 2025. For the year 2025, the company expects revenue in the range of -4% to -1% in total compared to 2024, including unfavorable foreign currency translation. The company is setting an initial outlook for 2025 earnings per diluted share in the range of $4.30 to $4.80. Ankündigung • Jan 21
Timken Appoints Kim Ryan to Its Board of Directors The Timken Company announced the appointment of Kimberly K. (Kim) Ryan to its Board of Directors. Her election increases The Timken Company Board to 13 members. Ryan has served as director, president and CEO of Hillenbrand Inc. From 2015 to 2021, she was president of the company's largest business, Coperion, a worldwide leader in compounding systems. Ryan started her career with Batesville, a former subsidiary of Hillenbrand, in 1989. She held roles of increasing responsibility within Batesville and Hill-Rom, a medical technology provider, in finance, strategy, operations, logistics, information technology and commercial division leadership prior to her current role. Ryan will serve as a member of the Board's Compensation and Audit committees. She holds a bachelor's degree in business administration and accounting from Iowa State University and serves on the National Association of Manufacturers Board of Directors and as a member of the Dean's Advisory Council at Iowa State University's Ivy School of Business. Ankündigung • Jan 15
The Timken Company to Report Q4, 2024 Results on Feb 05, 2025 The Timken Company announced that they will report Q4, 2024 results Pre-Market on Feb 05, 2025 Declared Dividend • Nov 18
Third quarter dividend of US$0.34 announced Shareholders will receive a dividend of US$0.34. Ex-date: 19th November 2024 Payment date: 29th November 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Nov 14
Director recently sold Mex$46m worth of stock On the 8th of November, Richard Kyle sold around 30k shares on-market at roughly Mex$1,540 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$354m more than they bought in the last 12 months. Ankündigung • Nov 08
the Timken Company Declares Quarterly Dividend, Payable on November 29, 2024 The board of directors of The Timken Company declared a quarterly cash dividend of 34 cents per share. The dividend is payable on November 29, 2024, to shareholders of record as of November 19, 2024. Ankündigung • Nov 05
The Timken Company Updates Financial Guidance for the Full Year 2024 The Timken Company updated financial guidance for the full year 2024. The company is reducing its full-year 2024 outlook, with earnings per diluted share now forecasted to be in the range of $4.65 to $4.75. The company now expects revenue to be down approximately 4% in total from 2023. Ankündigung • Oct 14
The Timken Company to Report Q3, 2024 Results on Nov 05, 2024 The Timken Company announced that they will report Q3, 2024 results Pre-Market on Nov 05, 2024 Recent Insider Transactions • Aug 23
President recently sold Mex$31m worth of stock On the 15th of August, Richard Kyle sold around 20k shares on-market at roughly Mex$1,555 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$47m. Richard has been a net seller over the last 12 months, reducing personal holdings by Mex$247m. Ankündigung • Aug 05
The Timken Company (NYSE:TKR) agreed to acquire C G I, Inc. The Timken Company (NYSE:TKR) agreed to acquire C G I, Inc. on August 5, 2024. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the third quarter. Timken will fund the transaction with a combination of cash on hand and existing committed credit facilities. Ankündigung • Jul 31
The Timken Company Updates Earnings Guidance for the Full Year 2024 The Timken Company updated earnings guidance for the Full Year 2024. The company is updating its full-year 2024 outlook, with earnings per diluted share now forecasted to be in the range of $5.00 to $5.20. The company now expects revenue to be down 3 to 4% in total from 2023. Ankündigung • Jul 11
The Timken Company to Report Q2, 2024 Results on Jul 31, 2024 The Timken Company announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 31, 2024 Ankündigung • May 06
The Timken Company Raises Quarterly Cash Dividend, Payable on May 28, 2024 The board of directors of The Timken Company approved a 3% increase in the company's quarterly cash dividend, raising it to 34 cents per share. The dividend is payable on May 28, 2024, to shareholders of record as of May 14, 2024. Ankündigung • Apr 30
The Timken Company Raises Earnings Guidance for the Full Year 2024 The Timken Company raised earnings guidance for the full year 2024. For the period, Company expects earnings per diluted share to be in the range of $5.10 to $5.40. The company now expects revenue to be down 2% to 4% in total from 2023. Ankündigung • Apr 12
The Timken Company to Report Q1, 2024 Results on Apr 30, 2024 The Timken Company announced that they will report Q1, 2024 results Pre-Market on Apr 30, 2024 Ankündigung • Mar 28
The Timken Company Announces Chief Executive Officer Changes The Timken Company Board of Directors has reached an agreement with Tarak Mehta to become Timken's next president and chief executive officer on Sept. 5, 2024. Mehta is currently president of the Motion business and member of the Group Executive Committee at ABB Ltd. Mehta will be appointed Timken president and CEO after he completes a transition period with ABB. Richard G. Kyle will remain president and CEO until Mehta's appointment date. At that time, Kyle will move into an advisory role to assist with the leadership transition. Kyle plans to retire as an employee of Timken following a decade of leadership as CEO but will continue to serve on the Timken Board of Directors. Mehta has 35 years of industry experience, including a 26-year career at ABB. As president of ABB's Motion business, he has extensive experience accelerating organic growth and innovation across global industrial markets, scaling business portfolios through M&A transactions and helping customers save energy and improve efficiency. While at ABB, Mehta held a variety of global business leadership positions of increasing responsibility, including president of Electrification Products. Mehta will be joining the Timken team in North Canton, Ohio, and is expected to be appointed to the Timken Board of Directors at a future date. Kyle joined Timken in 2006 and was appointed president and CEO in 2014. He is credited for transforming the company into a global diversified industrial leader while achieving record-levels of financial performance. As CEO, he established two leading business segments, Engineered Bearings and Industrial Motion, and significantly evolved the company's market mix. Kyle's disciplined capital allocation, operational rigor and focus on profitable growth enabled Timken to build scale, enter new product lines, expand globally and diversify its end markets to drive shareholder value. Ankündigung • Mar 27
The Timken Company Announces President Changes The Timken Company Board of Directors has reached an agreement with Tarak Mehta to become Timken's next president and chief executive officer on Sept. 5, 2024. Mehta is currently president of the Motion business and member of the Group Executive Committee at ABB Ltd. Mehta will be appointed Timken president and CEO after he completes a transition period with ABB. Richard G. Kyle will remain president and CEO until Mehta's appointment date. At that time, Kyle will move into an advisory role to assist with the leadership transition. Kyle plans to retire as an employee of Timken following a decade of leadership as CEO but will continue to serve on the Timken Board of Directors. Mehta has 35 years of industry experience, including a 26-year career at ABB. As president of ABB's Motion business, he has extensive experience accelerating organic growth and innovation across global industrial markets, scaling business portfolios through M&A transactions and helping customers save energy and improve efficiency. While at ABB, Mehta held a variety of global business leadership positions of increasing responsibility, including president of Electrification Products. Mehta will be joining the Timken team in North Canton, Ohio, and is expected to be appointed to the Timken Board of Directors at a future date. Kyle joined Timken in 2006 and was appointed president and CEO in 2014. He is credited for transforming the company into a global diversified industrial leader while achieving record-levels of financial performance. As CEO, he established two business segments, Engineered Bearings and Industrial Motion, and significantly evolved the company's market mix. Kyle's disciplined capital allocation, operational rigor and focus on profitable growth enabled Timken to build scale, enter new product lines, expand globally and diversify its end markets to drive shareholder value. Board Change • Mar 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 15
The Timken Company, Annual General Meeting, May 03, 2024 The Timken Company, Annual General Meeting, May 03, 2024, at 10:00 Eastern Daylight. Agenda: To consider Election of ten Directors to serve for a term of one year: Maria A. Crowe, Elizabeth A. Harrell, Richard G. Kyle, Sarah C. Lauber, Christopher L. Mapes, James F. Palmer, Ajita G. Rajendra, Frank C. Sullivan, John M. Timken, Jr., and Ward J. Timken, Jr; to consider the Ratification of the appointment of Ernst & Young LLP as company's independent auditor for the fiscal year ending December 31, 2024; and to consider other matters. Ankündigung • Feb 09
The Timken Company Declares Quarterly Cash Dividend, Payable on March 6, 2024 The board of directors of The Timken Company declared a quarterly cash dividend of 33 cents per share. The dividend is payable on March 6, 2024, to shareholders of record as of Feb. 20, 2024. Ankündigung • Feb 05
The Timken Company Provides Earnings Guidance for the Fiscal Year 2024 The Timken Company provided earnings guidance for the fiscal year 2024. for the year, the company expects revenue to be down in the range of 2.5% to 4.5% in total, as the benefit of acquisitions completed during 2023 is expected to be more than offset by lower anticipated organic revenue based on the current demand environment. The company is planning for GAAP earnings per diluted share in the range of $4.90 to $5.30. Ankündigung • Jan 12
The Timken Company to Report Q4, 2023 Results on Feb 05, 2024 The Timken Company announced that they will report Q4, 2023 results Pre-Market on Feb 05, 2024 Board Change • Dec 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 23
The Timken Company (NYSE:TKR) acquired Lagersmit Sealing Solutions B.V. from Anders Invest B.V. and De Hoge Dennen Capital PE BV. The Timken Company (NYSE:TKR) acquired Lagersmit Sealing Solutions B.V. from Anders Invest B.V. and De Hoge Dennen Capital PE BV on December 21, 2023. Timken funded the transaction with cash on hand and its existing revolving credit facility.The Timken Company (NYSE:TKR) completed the acquisition of Lagersmit Sealing Solutions B.V. from Anders Invest B.V. and De Hoge Dennen Capital PE BV on December 21, 2023. Fokko Poldervaart and Martijn de Win of Oaklins N.V. acted as financial advisors to The Timken Company in the deal. Recent Insider Transactions • Nov 17
Executive VP recently sold Mex$6.4m worth of stock On the 14th of November, Philip Fracassa sold around 5k shares on-market at roughly Mex$1,288 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$25m. Philip has been a net seller over the last 12 months, reducing personal holdings by Mex$13m. Board Change • Nov 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 04
The Timken Company Declares Quarterly Cash Dividend, Payable on Nov. 29, 2023 The board of directors of The Timken Company declared a quarterly cash dividend of 33 cents per share. The dividend is payable on Nov. 29, 2023, to shareholders of record as of Nov. 14, 2023. Ankündigung • Nov 02
The Timken Company Provides Earnings Guidance for the Full Year 2023 The Timken Company provided earnings guidance for the Full Year 2023. For the year, the company expects earnings per diluted share to be in the range of $5.60 to $5.70. The company is now planning for 2023 revenue to be up 5 to 5.5% in total from 2022. Ankündigung • Oct 28
Zhejiang Tianma Bearing Group Co., Ltd. acquired Jiangsu Twb Bearings Co.,Ltd. from The Timken Company (NYSE:TKR). Zhejiang Tianma Bearing Group Co., Ltd. acquired Jiangsu Twb Bearings Co.,Ltd. from The Timken Company (NYSE:TKR) on October 26, 2023. In 2022, Jiangsu Twb posted revenue of approximately $40 million.Zhejiang Tianma Bearing Group Co., Ltd. completed the acquisition of Jiangsu Twb Bearings Co.,Ltd. from The Timken Company (NYSE:TKR) on October 26, 2023. Ankündigung • Oct 17
The Timken Company (NYSE:TKR) entered into an agreement to acquire Innovative Mechanical Solutions Ltd.. The Timken Company (NYSE:TKR) entered into an agreement to acquire Innovative Mechanical Solutions Ltd. on October 16, 2023. Timken will fund the transaction with a combination of cash on hand and its existing revolving credit facility. The deal is subject to customary closing conditions and is expected to close in the fourth quarter. The business employs approximately 70 people. Ankündigung • Oct 14
The Timken Company to Report Q3, 2023 Results on Nov 01, 2023 The Timken Company announced that they will report Q3, 2023 results Pre-Market on Nov 01, 2023 Board Change • Sep 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Sep 06
The Timken Company (NYSE:TKR) acquired Des-Case Corporation. The Timken Company (NYSE:TKR) acquired Des-Case Corporation on September 5, 2023. Timken funded the transaction with a combination of cash on hand and its existing revolving credit facility.The Timken Company (NYSE:TKR) completed the acquisition of Des-Case Corporation on September 5, 2023. Recent Insider Transactions • Aug 19
President recently sold Mex$31m worth of stock On the 16th of August, Richard Kyle sold around 24k shares on-market at roughly Mex$1,310 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Ankündigung • Aug 04
The Timken Company Provides Earnings Guidance for the Full Year 2023 The Timken Company provides earnings guidance for the Full Year 2023. For the year, the company expects earnings per diluted share to be in the range of $5.70 to $6.10. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$1.74 (vs US$1.43 in 2Q 2022) Second quarter 2023 results: EPS: US$1.74 (up from US$1.43 in 2Q 2022). Revenue: US$1.27b (up 10% from 2Q 2022). Net income: US$125.2m (up 19% from 2Q 2022). Profit margin: 9.8% (in line with 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Machinery industry in South America. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Board Change • Aug 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 03
The Timken Company Declares Quarterly Cash Dividend, Payable on August 28, 2023 The Timken Company declared a quarterly cash dividend of 33 cents per share. The dividend is payable on August 28, 2023, to shareholders of record as of August 15, 2023. Ankündigung • Jul 14
The Timken Company to Report Q2, 2023 Results on Aug 03, 2023 The Timken Company announced that they will report Q2, 2023 results Pre-Market on Aug 03, 2023 Board Change • Jun 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 06
The Timken Company Announces Quarterly Dividend, Payable on May 30, 2023 The Timken Company approved a 6% increase in the company's quarterly cash dividend, raising it to 33 cents per share. The dividend is payable on May 30, 2023, to shareholders of record as of May 16, 2023. Ankündigung • May 04
The Timken Company Raises Earnings Guidance for the Full Year 2023 The Timken Company raised earnings guidance for the full year 2023. For the year, the company is increasing outlook, earnings per diluted share now forecasted to be in the range of $5.90 to $6.40. The company is now planning for 2023 revenue to be up approximately 9.5% in total at the midpoint from 2022, an increase from its prior outlook of 6% growth at the midpoint. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$1.69 (vs US$1.58 in 1Q 2022) First quarter 2023 results: EPS: US$1.69 (up from US$1.58 in 1Q 2022). Revenue: US$1.26b (up 12% from 1Q 2022). Net income: US$122.3m (up 3.5% from 1Q 2022). Profit margin: 9.7% (in line with 1Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Machinery industry in South America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 07
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 18
Insider recently sold Mex$24m worth of stock On the 14th of February, Christopher Coughlin sold around 15k shares on-market at roughly Mex$1,585 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$50m more than they bought in the last 12 months. Ankündigung • Feb 11
The Timken Company Declares Quarterly Dividend, Payable on March 6, 2023 The board of directors of The Timken Company declared a quarterly cash dividend of 31 cents per share. The dividend is payable on March 6, 2023, to shareholders of record as of Feb. 21, 2023. Ankündigung • Feb 07
The Timken Company Provides Earnings Guidance for the Year 2023 The Timken Company provided earnings guidance for the year 2023. For the year, the company expects earnings per diluted share in the range of $5.80 to $6.40 and revenue to be up approximately 6% in total at the midpoint from 2022. Reported Earnings • Feb 07
Full year 2022 earnings released: EPS: US$5.54 (vs US$4.86 in FY 2021) Full year 2022 results: EPS: US$5.54 (up from US$4.86 in FY 2021). Revenue: US$4.50b (up 8.8% from FY 2021). Net income: US$407.4m (up 10% from FY 2021). Profit margin: 9.1% (up from 8.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 03
The Timken Company (NYSE:TKR) acquired Assets of American Roller Bearing Company. The Timken Company (NYSE:TKR) acquired Assets of American Roller Bearing Company on February 1, 2023.The Timken Company (NYSE:TKR) completed the acquisition of Assets of American Roller Bearing Company on February 1, 2023. Ankündigung • Jan 31
The Timken Company (NYSE:TKR) reached an agreement to acquire Nadella S.p.A. from Intermediate Capital Group plc (LSE:ICP). The Timken Company (NYSE:TKR) reached an agreement to acquire Nadella S.p.A. from Intermediate Capital Group plc (LSE:ICP) on January 30, 2023. The transaction will be funded with cash on hand and borrowings from committed credit facilities. Timken anticipates the acquisition will be accretive to adjusted earnings in 2023. Nadella posted revenue of approximately €100 million in 2022. The transaction is expected to close in the first quarter of 2023 and is subject to regulatory approvals. Board Change • Jan 26
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 17
The Timken Company to Report Q4, 2022 Results on Feb 06, 2023 The Timken Company announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 06, 2023 Board Change • Nov 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Independent Director Sarah Lauber was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.