Brokerages Set Timken Company (The) (NYSE:TKR) Price Target at $94.89

Shares of Timken Company (The) (NYSE:TKR) have earned an average recommendation of “Hold” from the ten brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $94.8889.

TKR has been the subject of several recent analyst reports. Oppenheimer set a $108.00 target price on Timken in a research note on Thursday, February 5th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $100.00 price target on shares of Timken in a report on Thursday. DA Davidson raised their price objective on Timken from $86.00 to $108.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Citigroup boosted their price objective on shares of Timken from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Finally, Morgan Stanley increased their target price on shares of Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th.

Timken Price Performance

Shares of TKR stock opened at $99.00 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.82 and a quick ratio of 1.47. The company has a market capitalization of $6.91 billion, a PE ratio of 24.09, a price-to-earnings-growth ratio of 1.50 and a beta of 1.18. The firm’s 50-day moving average is $101.30 and its two-hundred day moving average is $87.61. Timken has a 12 month low of $56.20 and a 12 month high of $111.39.

Timken (NYSE:TKR) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.07 billion. Timken had a net margin of 6.29% and a return on equity of 11.52%. The business’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.16 EPS. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. Analysts predict that Timken will post 5.62 earnings per share for the current year.

Timken Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Tuesday, February 24th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Tuesday, February 24th. Timken’s dividend payout ratio (DPR) is 34.06%.

Insider Buying and Selling

In other news, Director Richard G. Kyle sold 19,636 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $107.99, for a total transaction of $2,120,491.64. Following the completion of the transaction, the director directly owned 243,636 shares in the company, valued at $26,310,251.64. This trade represents a 7.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Timken

A number of hedge funds and other institutional investors have recently bought and sold shares of TKR. Gordian Capital Singapore Pte Ltd purchased a new stake in Timken during the fourth quarter worth about $25,000. Clearstead Advisors LLC grew its holdings in shares of Timken by 130.3% in the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 172 shares in the last quarter. Eastern Bank purchased a new stake in Timken during the 4th quarter worth approximately $27,000. Mather Group LLC. purchased a new stake in Timken during the 3rd quarter worth approximately $25,000. Finally, V Square Quantitative Management LLC acquired a new stake in Timken during the 4th quarter worth approximately $31,000. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

About Timken

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.