Type
|
Public |
---|---|
Traded as | NYSE: TKR S&P 400 Component BSE: 522113 NSE: TIMKEN |
Industry | Manufacturing |
Founded | St. Louis, Missouri USA, 1899 |
Founder | Henry Timken |
Headquarters | Jackson Township, Ohio, United States |
Number of locations
|
187 (90 offices, 62 plants/service centers, 9 warehouse/distribution centers, 14 additional shipping centers, 12 technology/engineering centers) |
Area served
|
Worldwide |
Key people
|
John M. Timken Jr.(Non-Executive Chairman of the Board of Directors), Richard G. Kyle (President & CEO) |
Products | Bearings |
Revenue | US$ $3.1 billion (FY 2014) |
Operating income
|
US$ $208.4 million (FY 2014) |
Net income
|
US$ $146.8 million (FY 2014) |
Total assets | US$ $3.0 billion (FY 2014) |
Total equity | US$ $1.58 billion (FY 2014) |
Number of employees
|
14,709 |
Website | www |
The Timken Company is a global manufacturer of bearings, and related components and assemblies. Timken operates in 28 countries.
In 1898, Henry Timken obtained a patent for the tapered roller bearing, and in 1899 incorporated as The Timken Roller Bearing Axle Company in St. Louis.
In 1901, the company moved to Canton, Ohio, as the automobile industry began to overtake the carriage industry. Timken and his two sons chose this location because of its proximity to the American car manufacturing centers of Detroit and Cleveland and the American steel-making centers of Pittsburgh and Cleveland.
In 1917, the company began its steel- and tube-making operations in Canton to vertically integrate and maintain better control over the steel used in its bearings. World War I had created an increase in demand for steel, affecting its supply and price in the market.
Some UK steam locomotives also used roller bearings. The LMS Turbomotive was fitted with Timken roller bearings, and they also were retrofitted to some of the LMS Coronation class.
In 2014 the company changed its corporate structure, the roller bearing producing part of the company was separated from the steel producing part of the company, resulting in two separate companies. The Timken Company continues to manufacture roller bearings, while TimkenSteel produces steel.
The Timken Company brands includes Timken, Fafnir, Philadelphia Gear, Interlube and Drives.
Timken is a member of World Bearing Association (WBA), a non-profit and unincorporated industrial association.
British Timken was established in Chester Road, Aston, Birmingham in 1937, to manufacture tapered roller, parallel roller and ball bearings.
In World War II a shadow factory was built in 1941 on a green-field site at Duston in Northamptonshire, to produce roller bearings. At its peak over 4,000 people were employed in the factory. In 2002 the Duston works were closed and the site cleared for housing with production moving to Poland.
In 2003 the company acquired its largest domestic competitor in the bearing business—The Torrington Company of Torrington, Connecticut. In 2007 it acquired the Purdy Corporation of Manchester, Connecticut. Renamed Timken Aerospace Transmissions, it is part of the Timken Aerospace & Defense division headquartered in Lebanon, New Hampshire. Timken operates eight locations in the US and Canada.
The company also manufactured test equipment for various purposes, including properties of lubricating oil. This resulted in the company lending its name to the industry standard Timken OK Load metric.
Timken has been present in India since 1987 and has production facilities in Chennai and Jamshedpur. Additionally, Timken also has an IT support center in Bangalore.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-31 | Future report Set alerts | |
Q2 2022 | 2022-07-28 | 1.67 | 1.67 |
Q1 2022 | 2022-05-02 | 1.61 | 1.61 |
Q4 2021 | 2022-02-03 | 0.78 | 0.78 |
Q3 2021 | 2021-11-01 | 1.18 | 1.18 |
Q2 2021 | 2021-08-02 | 1.37 | 1.37 |
Q1 2021 | 2021-04-28 | 1.38 | 1.38 |
Q4 2020 | 2021-02-04 | 0.84 | 0.84 |
Q3 2020 | 2020-10-29 | 0.00 | 0.00 |
Q2 2020 | 2020-08-03 | 1.02 | 0.82 |
2016-07-11 | Upgrade | Avondale Partners | Market Perform to Outperform | $35.00 |
2016-05-26 | Initiated Coverage | Topeka Capital Markets | Hold | $35.00 |
2016-04-28 | Reiterated Rating | Stifel Nicolaus | Buy | $34.00 to $40.00 |
2016-03-28 | Downgrade | Goldman Sachs | Buy to Neutral | $31.00 to $30.00 |
2016-03-28 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $31.00 to $30.00 |
2016-03-21 | Boost Price Target | Avondale Partners | Market Perform | $30.00 to $34.00 |
2016-02-19 | Downgrade | Avondale Partners | Mkt Outperform to Mkt Perform | |
2016-02-18 | Reiterated Rating | Avondale Partners | Outperform to Market Perform | $30.00 |
2016-02-04 | Lower Price Target | Stifel Nicolaus | Buy | $38.00 to $34.00 |
2016-02-04 | Lower Price Target | Goldman Sachs | Buy | $33.00 to $32.00 |
2016-01-20 | Downgrade | Jefferies Group | Buy to Hold | $35.00 to $27.00 |
2016-01-19 | Reiterated Rating | BB&T Corp. | Buy to Hold | |
2015-12-03 | Reiterated Rating | Jefferies Group | Buy | $60.00 to $50.00 |
2015-10-29 | Lower Price Target | Stifel Nicolaus | Buy | $41.00 to $38.00 |
2015-07-31 | Lower Price Target | Stifel Nicolaus | Buy | $43.00 to $41.00 |
2015-07-14 | Lower Price Target | Jefferies Group | Buy | $50.00 to $43.00 |
2015-05-01 | Downgrade | Longbow Research | Buy to Neutral | |
2015-03-02 | Upgrade | Bank of America | Neutral to Buy | |
2015-03-02 | Upgrade | Bank of America Corp. | Neutral to Buy | |
2015-02-02 | Lower Price Target | Jefferies Group | Buy | $60.00 to $50.00 |
2015-01-30 | Reiterated Rating | Stifel Nicolaus | Buy | $56.00 to $50.00 |
2014-07-07 | Lower Price Target | Jefferies Group | $75.00 to $60.00 | |
2014-07-01 | Lower Price Target | BB&T Corp. | $78.00 to $57.00 | |
2014-06-30 | Lower Price Target | Jefferies Group | Buy | $75.00 to $60.00 |
2014-06-24 | Lower Price Target | Stifel Nicolaus | Buy | $65.00 to $56.00 |
2014-06-17 | Reiterated Rating | Bank of America | Neutral | $68.00 to $70.00 |
2014-05-06 | Upgrade | Gabelli & Co | Hold to Buy | $78 |
2014-05-06 | Upgrade | Gabelli | Hold to Buy | $78.00 |
2014-04-25 | Boost Price Target | Jefferies Group | Buy | $75.00 |
2014-03-25 | Downgrade | KeyBanc | Buy to Hold | $70.00 |
2014-03-24 | Boost Price Target | Jefferies Group | $70.00 | |
2014-01-31 | Boost Price Target | Jefferies Group | $62.00 to $66.00 | |
2013-11-07 | Downgrade | Evercore ISI | Buy to Neutral | $68.00 to $53.00 |
2013-10-25 | Lower Price Target | Jefferies Group | Buy | $73.00 to $62.00 |
2013-10-25 | Downgrade | Bank of America | Buy to Neutral | $70.00 to $58.00 |
2012-01-09 | Resumed | KeyBanc Capital Mkts | Buy | $53 |
2011-04-26 | Reiterated | Wunderlich | Buy | $60 to $65 |
2011-01-07 | Initiated | Wunderlich | Buy | $60 |
2009-07-02 | Initiated | Sterne Agee | Buy | $25 |
2009-04-28 | Reiterated | Jefferies & Co | Hold | $14 to $15 |
2009-01-30 | Downgrade | KeyBanc Capital Mkts | Buy to Hold | |
2008-10-27 | Reiterated | KeyBanc Capital Mkts | Buy | $46 to $25 |
2008-07-21 | Upgrade | BB&T Capital Mkts | Hold to Buy | |
2008-05-20 | Reiterated | Citigroup | Buy | $40 to $48 |
2007-09-24 | Initiated | Citigroup | Buy | $43 |
2016-07-11 | Upgrade | Avondale Partners | Market Perform to Outperform | $35.00 |
2016-05-26 | Initiated Coverage | Topeka Capital Markets | Hold | $35.00 |
2016-04-28 | Reiterated Rating | Stifel Nicolaus | Buy | $34.00 to $40.00 |
2016-03-28 | Downgrade | Goldman Sachs | Buy to Neutral | $31.00 to $30.00 |
2016-03-28 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $31.00 to $30.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In TKR 273 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 6.62M |
Vanguard Group, Inc | 6.45M |
JPMORGAN CHASE & CO | 3.03M |
BlackRock Fund Advisors | 2.80M |
DIMENSIONAL FUND ADVISORS LP | 2.46M |
AMERICAN CENTURY COMPANIES INC | 2.42M |
BlackRock Institutional Trust Company, N.A. | 2.12M |
EARNEST PARTNERS LLC | 2.06M |
STATE STREET CORP | 1.87M |
FRANKLIN RESOURCES INC | 1.84M |
THRIVENT FINANCIAL FOR LUTHERANS | 1.77M |
FMR LLC | 1.35M |
ALLIANCEBERNSTEIN L.P. | 1.34M |
Invesco Ltd. | 1.27M |
LSV ASSET MANAGEMENT | 1.13M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
TIMKEN JOHN M JR | 0.43% (392209) | TKR / |
GRIFFITH JAMES W President and CEO | 0.42% (381774) | ITW / TKR / |
Kyle Richard G President-mob ind & aerospace | 0.12% (107720) | SON / TKR / |
Coughlin Christopher A President-proc ind & supp chn | 0.07% (65807) | TKR / |
EISENBERG GLENN A Ex VP Finance & Administration | 0.07% (61605) | ANR / ECOL / FDO / LH / TKR / |
MIRAGLIA SALVATORE J JR President - Steel | 0.07% (59999) | TKR / |
LUKE JOHN A JR | 0.06% (58426) | BK / MWV / RKT / TKR / |
RALSTON JOSEPH W | 0.06% (52273) | LMT / TKR / URS / |
TIMKEN WARD JACKSON | 0.05% (47417) | TKR / |
SULLIVAN FRANK C | 0.05% (44932) | RPM / TKR / |
BURKHART WILLIAM R Sr VP and General Counsel | 0.05% (41240) | TKR / |
Fracassa Philip D. EVP & CFO | 0.04% (38534) | TKR / |
Walker Donald L Sr VP - HR and Org Advancement | 0.03% (29558) | TKR / |
REILLY JOHN PAUL | 0.03% (27652) | MASC / TKR / |
COX PHILLIP R | 0.03% (23965) | CBB / DBD / TKR / |
BALLBACH JOHN M | 0.02% (18916) | TKR / VAL / |
WOODS JACQUELINE F | 0.02% (15878) | ANDE / TKR / |
MAPES CHRISTOPHER L | 0.01% (13050) | LECO / TKR / |
Myers Ronald J VP - Human Resources | 0.01% (12163) | TKR / |
Cheverine Carolyn EVP, GC and Secretary | 0.01% (11961) | CLF / TKR / |
Crowe Maria A | 0.01% (11497) | LLY / TKR / |
Rajendra Ajita G | 0.01% (11140) | AOS / DCI / TKR / |
Mihaila John Theodore Sr VP and Controller | 0.01% (9331) | TKR / |
PALMER JAMES F | 0.01% (8095) | NOC / TKR / |
CREEL DIANE C | 0.01% (6250) | ATI / NPO / TKR / URS / |