Timken (NYSE:TKR) Upgraded at JPMorgan Chase & Co.

Timken (NYSE:TKR) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Tuesday. The brokerage currently has a $150.00 price target on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 24.91% from the stock’s previous close.

A number of other research analysts have also weighed in on TKR. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Timken in a research note on Monday, April 20th. Citigroup raised their price target on shares of Timken from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Morgan Stanley set a $140.00 price target on shares of Timken in a research note on Thursday. The Goldman Sachs Group set a $128.00 price target on shares of Timken in a research note on Friday. Finally, Wall Street Zen raised shares of Timken from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Six 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, Timken presently has an average rating of “Moderate Buy” and an average target price of $139.13.

Timken Price Performance

NYSE:TKR opened at $120.08 on Tuesday. The stock has a market capitalization of $8.35 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 1.63 and a beta of 1.18. Timken has a 52 week low of $67.14 and a 52 week high of $123.67. The stock’s 50-day moving average price is $106.88 and its 200-day moving average price is $96.97. 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 issued its quarterly earnings results 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 firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.17 billion. Timken had a net margin of 6.60% and a return on equity of 11.84%. Timken’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company posted $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, equities analysts expect that Timken will post 6.05 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director John M. Timken, Jr. sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the completion of the sale, the director owned 264,744 shares in the company, valued at $30,845,323.44. This trade represents a 5.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard G. Kyle sold 37,181 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $117.34, for a total value of $4,362,818.54. Following the completion of the transaction, the director owned 206,455 shares in the company, valued at $24,225,429.70. This represents a 15.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 8.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Gordian Capital Singapore Pte Ltd acquired a new stake in Timken in the 4th quarter valued at approximately $25,000. Clearstead Advisors LLC increased its holdings in Timken by 130.3% in the 4th 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 during the last quarter. Eastern Bank acquired a new stake in Timken in the 4th quarter valued at approximately $27,000. V Square Quantitative Management LLC acquired a new stake in Timken in the 4th quarter valued at approximately $31,000. Finally, Kestra Investment Management LLC acquired a new stake in Timken in the 2nd quarter valued at approximately $42,000. 89.08% of the stock is currently owned by institutional investors and hedge funds.

Timken Company Profile

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.