Timken Company (The) (NYSE:TKR) Stock Has Consensus Target Price of $147.00 According to Analysts

Shares of Timken Company (The) (NYSE:TKR) have been given an average rating of “Moderate Buy” by the ten research firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $147.00.

Several research analysts recently commented on TKR shares. Bank of America upgraded shares of Timken from a “neutral” rating to a “buy” rating and increased their target price for the stock from $129.00 to $135.00 in a report on Tuesday, September 1st. The Goldman Sachs Group lifted their price target on shares of Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. Wall Street Zen cut shares of Timken from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Oppenheimer restated an “outperform” rating and set a $150.00 price objective on shares of Timken in a research note on Thursday, October 1st. Finally, DA Davidson set a $130.00 price objective on Timken in a report on Friday, August 14th.

Insiders Place Their Bets

In other Timken news, Director Richard Kyle sold 13,637 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the transaction, the director owned 183,724 shares of the company’s stock, valued at $23,264,970.12. The trade was a 6.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Timken

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Gordian Capital Singapore Pte Ltd acquired a new stake in Timken in the 4th quarter valued at about $25,000. Allworth Financial LP acquired a new position in Timken during the second quarter worth approximately $37,000. Elevation Wealth Partners LLC increased its position in Timken by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock worth $38,000 after buying an additional 210 shares during the last quarter. Trust Co. of Vermont bought a new stake in Timken in the second quarter valued at approximately $41,000. Finally, Fairway Wealth LLC bought a new stake in Timken in the first quarter valued at approximately $67,000. Institutional investors own 89.08% of the company’s stock.

Timken Stock Down 0.5%

NYSE:TKR opened at $114.33 on Tuesday. The stock has a 50-day simple moving average of $122.85 and a 200 day simple moving average of $123.18. Timken has a 52-week low of $70.57 and a 52-week high of $146.37. The company has a market cap of $7.92 billion, a PE ratio of 30.98, a PEG ratio of 1.28 and a beta of 1.18. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10.

Timken (NYSE:TKR) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.62 by $0.21. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. On average, sell-side analysts expect that Timken will post 6.25 EPS for the current fiscal year.

Timken Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 18th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.44 annualized dividend and a yield of 1.3%. Timken’s dividend payout ratio is 39.02%.

Timken Company Profile

Timken (NYSE: TKR) is an engineered bearings and industrial motion products company. Its offerings include tapered, spherical, cylindrical, needle and precision bearings, as well as seals and lubrication systems designed to reduce friction, manage loads and support the performance of mechanical equipment.

Through its Industrial Motion business, Timken also provides products such as mechanical power transmission components, chains, belts, couplings, linear motion systems and gear drives.