The Timken Company
Per an amended 13D SEC filing last week, Relational Investors has upped its stake of Timken (NYSE: TKR) to 7 million shares, or 7.3% of the company. According to Relational's third quarter 13F filing, the fund owned only 3.2 million Timken shares, making it its 15th largest holding. In a 13D filing during late November, Relational had its stake up to only 5.89 million shares. By more »
Due to uninspiring growth on a global scale, the current economic context doesn´t look particularly bullish for companies in the industrial sector. This is precisely the reason why contrarian investors may want to consider capitalizing the opportunity to buy solid industrial stocks at bargain prices with a long term perspective. The Timken Company (NYSE: TKR) stands out like a high quality candidate with a very attractive valuation.
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Insider purchases tend to be bullish signs for a company, but that's not the only factor we use to narrow down our investment choices. We also like to use the traditional value metric of a trailing price-to-earnings ratio to see how cheap a stock is relative to the company’s past performance. Using data from Fidelity and our own database of insider trades, here are five stocks that have more »
These are not easy times for companies in the industrial or steel sector. The economic crisis in Europe and the slowdown in China are producing lackluster demand for many firms in the industry. However, you couldn´t tell that by looking at the financial and operating performance of The Timken Company (NYSE: TKR) which reported better than expected results over the last quarters.
The company supplies anti-friction and power transmission more »