Timken Company (The) (NYSE:TKR) Receives $150.00 Average Target Price from Brokerages

Shares of Timken Company (The) (NYSE:TKR) have earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $150.00.

A number of research analysts have issued reports on the stock. KeyCorp upped their target price on shares of Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Oppenheimer lifted their price target on shares of Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a research report on Friday, July 17th. Morgan Stanley set a $140.00 price objective on shares of Timken in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Timken from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th.

Timken Stock Performance

NYSE TKR opened at $132.13 on Thursday. Timken has a fifty-two week low of $70.57 and a fifty-two week high of $146.37. The stock has a market cap of $9.18 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 1.67 and a beta of 1.20. The business has a fifty day moving average of $136.28 and a 200-day moving average of $115.05. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 0.60.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.17. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.17 billion. Timken had a return on equity of 11.84% and a net margin of 6.60%.The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, analysts predict that Timken will post 6.16 earnings per share for the current fiscal year.

Timken Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio is currently 32.73%.

Insider Transactions at Timken

In related news, Director John M. Timken, Jr. sold 15,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the transaction, the director directly owned 264,744 shares in the company, valued at approximately $30,845,323.44. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ajita G. Rajendra sold 8,450 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $131.34, for a total value of $1,109,823.00. Following the completion of the sale, the director directly owned 20,225 shares in the company, valued at approximately $2,656,351.50. The trade was a 29.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 69,079 shares of company stock worth $8,296,144 over the last quarter. 8.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Fifth Third Wealth Advisors LLC boosted its position in shares of Timken by 4.3% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,537 shares of the industrial products company’s stock worth $255,000 after acquiring an additional 104 shares during the last quarter. Parallel Advisors LLC increased its position in Timken by 4.1% during the first quarter. Parallel Advisors LLC now owns 2,970 shares of the industrial products company’s stock worth $299,000 after purchasing an additional 116 shares during the last quarter. Uncommon Cents Investing LLC increased its position in Timken by 0.5% during the fourth quarter. Uncommon Cents Investing LLC now owns 27,465 shares of the industrial products company’s stock worth $2,311,000 after purchasing an additional 125 shares during the last quarter. Parvin Asset Management LLC raised its stake in Timken by 16.5% during the first quarter. Parvin Asset Management LLC now owns 920 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 130 shares during the period. Finally, Quadrant Capital Group LLC raised its stake in Timken by 3.2% during the third quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company’s stock worth $325,000 after purchasing an additional 132 shares during the period. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Timken Company Profile

The Timken Company is a global manufacturer specializing in engineered bearings and mechanical power transmission products. Its core offerings include tapered and cylindrical roller bearings, spherical and plain bearings, mounted bearing units, and precision gear drives. Timken’s products serve a broad range of industries, from industrial machinery and aerospace to automotive, rail, wind energy and heavy equipment.

Beyond bearings, Timken’s portfolio extends to industrial chains, belts, couplings and related components designed to optimize power transmission systems.