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

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

Several research firms recently commented on TKR. Oppenheimer boosted their price target on Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday. DA Davidson started coverage on Timken in a report on Tuesday, June 16th. They set a “neutral” rating and a $130.00 price objective on the stock. Morgan Stanley set a $140.00 target price on Timken in a research report on Thursday, May 21st. KeyCorp increased their target price on Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, The Goldman Sachs Group raised their price target on shares of Timken from $128.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th.

Insider Transactions at Timken

In other news, Director John M. Timken, Jr. sold 15,000 shares of the company’s stock in a transaction dated 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 sale, the director owned 264,744 shares in the company, valued at approximately $30,845,323.44. This represents a 5.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ajita G. Rajendra sold 8,450 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following the transaction, the director directly owned 20,225 shares in the company, valued at $2,656,351.50. The trade was a 29.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 69,079 shares of company stock valued at $8,296,144. Insiders own 8.10% of the company’s stock.

Hedge Funds Weigh In On Timken

A number of hedge funds have recently added to or reduced their stakes in TKR. Elevation Wealth Partners LLC increased its stake in Timken by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 210 shares during the last quarter. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Timken in the 4th quarter valued at about $25,000. Clearstead Advisors LLC grew its position in shares of Timken by 130.3% during the 4th quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after buying an additional 172 shares during the last quarter. Eastern Bank acquired a new stake in Timken during the fourth quarter worth about $27,000. Finally, V Square Quantitative Management LLC acquired a new stake in Timken during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 89.08% of the company’s stock.

Timken Stock Performance

Timken stock opened at $141.63 on Thursday. Timken has a 12-month low of $70.57 and a 12-month high of $146.37. The company has a market capitalization of $9.84 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20. 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’s fifty day moving average price is $133.79 and its 200 day moving average price is $113.28.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.17. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Timken had a net margin of 6.60% and a return on equity of 11.84%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, research analysts forecast that Timken will post 6.16 EPS for the current fiscal year.

Timken Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.44 annualized dividend and a yield of 1.0%. This is an increase from Timken’s previous quarterly dividend of $0.35. 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.