Timken CO

The Timken Company announced second-quarter 2026 results with sales up 7.5% to $1.26 billion and adjusted EPS rising 28.9% to $1.83, leading to an updated 2026 EPS outlook.

The Timken Company announced the appointment of Stephen P. Ribaudo as Executive Vice President and Chief Operating Officer, effective September 1, 2026, alongside a restructuring of its commercial leadership.

The Timken Company has entered into a Sixth Amended and Restated Credit Agreement, establishing a $1.2 billion unsecured revolving credit facility maturing in July 2031.

The Timken Company announced first-quarter 2026 results with sales up 8% to $1.23 billion and adjusted EPS of $1.67, leading to an increased full-year earnings forecast.

The Timken Company announced that Andreas Roellgen has stepped down as Executive Vice President and President of Engineered Bearings, with Timothy A. Graham assuming interim leadership.

The Timken Company announced the mutually agreed retirement of James F. Palmer from its Board of Directors, effective March 31, 2026, facilitating the planned transition of the Audit Committee chair to Sarah C. Lauber.

The Timken Company reported a significant drop in net income and diluted EPS for the second quarter of 2026 compared to the prior year, primarily due to substantial impairment and restructuring charges, despite an increase in net sales.

The Timken Company announced a significant increase in net sales and net income for the first quarter of 2026, driven by favorable pricing, higher demand, and the strategic acquisition of Bijur Delimon.

The Timken Company reported mixed Q3 2025 results with increased net sales but significant declines in net income and diluted EPS, alongside a cautious full-year outlook.

The Timken Company reported a significant drop in net income and diluted earnings per share for the second quarter and first half of 2025, primarily driven by reduced end-market demand and increased tariff costs, despite strategic acquisitions and favorable pricing.

Timken Company's Q1 2025 net sales decreased by 4.2% year-over-year, with a CEO transition announced alongside the financial results.

The Timken Company's third-quarter 2024 results show a slight decrease in net sales and a decrease in net income compared to the same period last year, impacted by lower demand and currency headwinds.

Timken Company's 2024 sales dipped slightly due to lower demand in China and Europe, while the company anticipates a further revenue decrease in 2025 due to currency headwinds and reduced European demand.

The Timken Company's 10-K filing details its business operations, financial performance, risk factors, and compliance with regulations for the fiscal year ended December 31, 2023.

Richard G Kyle, a Director of Timken Co, sold 13,637 shares of common stock on August 10, 2026 for $126.63 per share.

Timken Co. Director Ajita G. Rajendra reported a sale of 8,450 shares of common stock on June 5, 2026, at a weighted average price of $131.34 per share.

Timken Company Director Richard G. Kyle reported the sale of 8,448 shares of common stock at a weighted average price of $127.35.

Maria A. Crowe, a Director at Timken Co, was granted restricted stock units that vest in one year.

Director Elizabeth Ann Harrell of The Timken Company (TKR) reported the acquisition of restricted stock units, with vesting scheduled one year from the grant date.

Timken Co. Director Sarah Lauber was granted restricted share units, vesting in one year, representing 1,280 shares of common stock.

The Timken Company's 2026 proxy statement details upcoming shareholder votes, executive compensation, and corporate governance updates amidst mixed 2025 financial performance and significant leadership changes.

The Timken Company is addressing concerns raised by ISS and Glass Lewis regarding executive compensation, specifically related to the departure of the former CEO and retirement treatment of equity awards for another executive.

The Timken Company announces the immediate departure of CEO Tarak Mehta and the appointment of Richard Kyle as interim CEO, initiating a comprehensive search for a permanent replacement.

The Timken Company will hold its annual shareholder meeting on May 2, 2025, focusing on director elections, executive compensation, auditor ratification, and shareholder proposals.

The Timken Company's 2025 Annual Meeting of Shareholders will address the election of directors, executive compensation, auditor ratification, and shareholder proposals on emissions reduction targets and clawback policies.

The Timken Company will hold its annual shareholder meeting on May 3, 2024, to vote on director elections, executive compensation, auditor ratification, an equity plan amendment, and a shareholder proposal on greenhouse gas emissions.

The Vanguard Group has filed an amendment to its Schedule 13G, reporting zero beneficial ownership in Timken Co. common stock following an internal realignment.

American Century Investment Management, Inc., along with its parent entities, reported a beneficial ownership of 4.3% of The Timken Company's common stock as of December 31, 2025.

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a beneficial ownership of 5.1% of Timken Co.'s common stock as of June 30, 2025.

American Century Investment Management, Inc., along with its affiliates, has reported a passive 5.0% beneficial ownership stake in The Timken Company's common stock as of December 31, 2024.