Timken (NYSE:TKR) Given New $125.00 Price Target at Citigroup

Timken (NYSE:TKR) had its price target cut by Citigroup from $140.00 to $125.00 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the industrial products company’s stock.

A number of other research analysts also recently commented on TKR. KeyCorp increased their price target on shares of Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Bank of America raised Timken from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $129.00 to $135.00 in a research note on Tuesday, September 1st. DA Davidson set a $130.00 price objective on Timken in a research note on Friday, August 14th. Jefferies Financial Group set a $135.00 price objective on Timken in a research report on Tuesday, September 1st. Finally, Weiss Ratings raised Timken from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $141.90.

Timken Price Performance

TKR stock opened at $99.66 on Thursday. Timken has a 52 week low of $73.62 and a 52 week high of $146.37. The company has a quick ratio of 1.74, a current ratio of 2.56 and a debt-to-equity ratio of 0.52. The company has a fifty day simple moving average of $115.96 and a two-hundred day simple moving average of $117.39. The firm has a market capitalization of $6.91 billion, a P/E ratio of 24.67, a price-to-earnings-growth ratio of 1.18 and a beta of 1.19.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, November 4th. The industrial products company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.17. Timken had a net margin of 5.88% and a return on equity of 13.13%. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the company posted $1.37 EPS. The business’s revenue was up 4.7% on a year-over-year basis. Analysts anticipate that Timken will post 6.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Richard Kyle sold 13,637 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $126.63, for a total value of $1,726,853.31. Following the sale, the director owned 183,724 shares of the company’s stock, valued at approximately $23,264,970.12. This represents a 6.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Timken

Large investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in Timken in the second quarter worth about $869,997,000. Dimensional Fund Advisors LP lifted its position in shares of Timken by 8.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,886,955 shares of the industrial products company’s stock valued at $290,320,000 after buying an additional 214,845 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Timken during the second quarter valued at about $140,755,000. William Blair Investment Management LLC purchased a new stake in shares of Timken during the second quarter valued at about $138,757,000. Finally, Keybank National Association OH boosted its holdings in shares of Timken by 7.4% in the 3rd quarter. Keybank National Association OH now owns 889,664 shares of the industrial products company’s stock valued at $103,868,000 after buying an additional 61,324 shares in the last quarter. 89.08% of the stock is owned by hedge funds and other institutional investors.

Timken News Roundup

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Third-quarter adjusted EPS was $1.65, above the $1.48 consensus estimate. Revenue rose 4.7% year over year to $1.21 billion, broadly matching expectations. Timken also raised its 2026 adjusted EPS forecast to $6.35–$6.50. Timken Reports Third-Quarter 2026 Results
• Neutral Sentiment: Citigroup lowered its price target to $125 from $140 but maintained a Buy rating; Goldman Sachs also cut its target, to $126. Both targets remain above the cited $99.66 share price, though the reductions temper the positive outlook. Citigroup price target update Goldman Sachs price target update
• Negative Sentiment: Recent analysis highlighted weak organic growth as a concern, even as margin expansion and transformation initiatives supported results. This may have limited investor enthusiasm for the earnings beat and higher forecast. Q3 2026 business analysis

About Timken

Timken is an industrial manufacturer that designs and produces engineered bearings and power transmission products. Its offerings include tapered and spherical roller bearings, precision bearings, seals, lubrication systems, gears, belts, chains, couplings, and other components used to manage friction, motion, and power transmission.

The company serves customers across a range of industries, including industrial machinery, renewable energy, transportation, aerospace, defense, agriculture, construction, and energy.