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

Shares of Timken Company (The) (NYSE:TKR) have been assigned an average rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $140.3750.

Several equities analysts recently issued reports on TKR shares. Wall Street Zen upgraded Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a report on Monday, April 20th. Evercore reiterated an “outperform” rating and issued a $158.00 price target on shares of Timken in a report on Monday, May 11th. JPMorgan Chase & Co. upgraded Timken from a “neutral” rating to an “overweight” rating and raised their price target for the company from $130.00 to $150.00 in a report on Tuesday, May 26th. Finally, KeyCorp raised their price target on Timken from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Thursday, May 7th.

Insiders Place Their Bets

In other Timken news, Director Richard G. Kyle sold 37,181 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $117.34, for a total transaction of $4,362,818.54. Following the transaction, the director owned 206,455 shares in the company, valued at approximately $24,225,429.70. This trade represents a 15.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John M. Timken, Jr. sold 15,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $116.51, for a total value of $1,747,650.00. Following the transaction, the director owned 264,744 shares in the company, valued at approximately $30,845,323.44. This trade represents a 5.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 69,079 shares of company stock worth $8,296,144. Insiders own 8.10% of the company’s stock.

Hedge Funds Weigh In On Timken

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Phocas Financial Corp. boosted its holdings in Timken by 81.2% during the fourth quarter. Phocas Financial Corp. now owns 88,967 shares of the industrial products company’s stock worth $7,485,000 after buying an additional 39,871 shares during the last quarter. Wealth High Governance Capital Ltda bought a new position in Timken during the fourth quarter worth about $16,429,000. Peregrine Investment Management Inc. bought a new position in Timken during the first quarter worth about $7,040,000. Oliver Luxxe Assets LLC bought a new position in shares of Timken during the 4th quarter valued at about $1,990,000. Finally, Segall Bryant & Hamill LLC bought a new position in shares of Timken during the 3rd quarter valued at about $8,107,000. Institutional investors own 89.08% of the company’s stock.

Timken Price Performance

Timken stock opened at $137.23 on Wednesday. The business’s 50-day simple moving average is $113.94 and its 200 day simple moving average is $101.10. The stock has a market cap of $9.54 billion, a price-to-earnings ratio of 31.19, a P/E/G ratio of 1.62 and a beta of 1.21. Timken has a 12-month low of $69.25 and a 12-month high of $139.43. 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 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. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Timken had a return on equity of 11.84% and a net margin of 6.60%.The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, research analysts anticipate that Timken will post 6.13 earnings per share for the current year.

Timken Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. This is an increase from Timken’s previous quarterly dividend of $0.35. The ex-dividend date was Tuesday, May 19th. Timken’s dividend payout ratio (DPR) is 32.73%.

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.