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

Timken Company (The) (NYSE:TKRGet Free Report) has received an average rating of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $139.1250.

TKR has been the subject of several analyst reports. The Goldman Sachs Group set a $128.00 target price on shares of Timken in a research note on Friday, May 22nd. Oppenheimer boosted their price target on shares of Timken from $132.00 to $137.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Wall Street Zen raised shares of Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. KeyCorp boosted their price target on shares of Timken from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. raised shares of Timken from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $130.00 to $150.00 in a report on Tuesday, May 26th.

View Our Latest Report on Timken

Insider Buying and Selling at Timken

In related news, Director John M. Timken, Jr. sold 15,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $116.51, for a total value of $1,747,650.00. Following the completion of the sale, the director owned 264,744 shares of the company’s stock, valued at approximately $30,845,323.44. The trade was a 5.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard G. Kyle sold 8,448 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $127.35, for a total transaction of $1,075,852.80. Following the completion of the sale, the director directly owned 197,361 shares of the company’s stock, valued at approximately $25,133,923.35. The trade was a 4.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 60,629 shares of company stock valued at $7,186,321. 8.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Timken

Large investors have recently modified their holdings of the business. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Timken during the fourth quarter worth $25,000. Clearstead Advisors LLC grew its holdings in shares of 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 buying an additional 172 shares in the last quarter. Eastern Bank purchased a new stake in shares of Timken during the fourth quarter worth $27,000. V Square Quantitative Management LLC purchased a new stake in shares of Timken during the fourth quarter worth $31,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of Timken during the second quarter worth $42,000. Hedge funds and other institutional investors own 89.08% of the company’s stock.

Timken Stock Performance

TKR opened at $131.84 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.88 and a quick ratio of 1.55. The firm has a fifty day moving average price of $109.79 and a 200 day moving average price of $98.68. Timken has a 1 year low of $68.59 and a 1 year high of $132.38. The stock has a market cap of $9.16 billion, a P/E ratio of 29.96, a P/E/G ratio of 1.52 and a beta of 1.21.

Timken (NYSE:TKRGet Free Report) last posted its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.17. Timken had a net margin of 6.60% and a return on equity of 11.84%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the business posted $1.40 EPS. The business’s revenue was up 8.0% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Equities research analysts anticipate that Timken will post 6.13 earnings per share for the current year.

Timken Increases Dividend

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

Timken Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Timken (NYSE:TKR)

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