Timken Company (The) (NYSE:TKR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Timken Company (The) (NYSE:TKR) has been given an average recommendation of “Moderate Buy” by the nine analysts that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $150.00.

Several equities research analysts have commented on the company. Evercore restated an “outperform” rating and issued a $158.00 target price on shares of Timken in a research note on Monday, May 11th. Citigroup lifted their target price on Timken from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. JPMorgan Chase & Co. upped their price target 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. Weiss Ratings raised Timken from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Finally, KeyCorp lifted their target price on shares of Timken from $140.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, July 13th.

Timken Price Performance

TKR stock opened at $125.07 on Monday. The stock has a 50-day moving average price of $136.75 and a two-hundred day moving average price of $119.58. Timken has a 1 year low of $70.57 and a 1 year high of $146.37. The stock has a market cap of $8.67 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 1.47 and a beta of 1.21. The company has a current ratio of 3.10, a quick ratio of 1.74 and a debt-to-equity ratio of 0.61.

Timken (NYSE:TKR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.21. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%.The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.12 earnings per share. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Equities analysts forecast that Timken will post 6.26 EPS for the current fiscal year.

Timken Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be paid a $0.36 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. Timken’s dividend payout ratio is 39.02%.

Insider Buying and Selling

In other news, Director Richard G. Kyle sold 13,637 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $126.63, for a total transaction of $1,726,853.31. Following the transaction, the director directly owned 183,724 shares of the company’s stock, valued at approximately $23,264,970.12. This trade represents a 6.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ajita G. Rajendra sold 8,450 shares of Timken stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following the completion of the sale, the director owned 20,225 shares of the company’s stock, valued at approximately $2,656,351.50. The trade was a 29.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 30,535 shares of company stock worth $3,912,529. Company insiders own 8.10% of the company’s stock.

Institutional Investors Weigh In On Timken

A number of large investors have recently bought and sold shares of the company. Allworth Financial LP bought a new stake in shares of Timken during the 2nd quarter worth approximately $37,000. Elevation Wealth Partners LLC increased its stake in Timken by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 210 shares during the last quarter. Trust Co. of Vermont bought a new position in Timken in the second quarter valued at approximately $41,000. Gordian Capital Singapore Pte Ltd acquired a new position in Timken during the fourth quarter valued at approximately $25,000. Finally, Clearstead Advisors LLC lifted its stake in Timken by 130.3% during the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 172 shares during the last quarter. 89.08% of the stock is currently owned by institutional investors and hedge funds.

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.