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

Timken Company (The) (NYSE:TKRGet Free Report) has received an average rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Three 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 objective among brokerages that have covered the stock in the last year is $150.00.

Several research firms recently commented on TKR. DA Davidson set a $130.00 target price on Timken in a research note on Friday. Evercore reissued an “outperform” rating and issued a $158.00 price target on shares of Timken in a research note on Monday, May 11th. Oppenheimer increased their price target on Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Morgan Stanley set a $140.00 price objective on shares of Timken in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, July 13th.

Get Our Latest Report on Timken

Insider Buying and Selling at Timken

In other news, Director Ajita G. Rajendra sold 8,450 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $131.34, for a total value of $1,109,823.00. Following the completion of the sale, the director directly owned 20,225 shares in the company, valued at $2,656,351.50. This trade represents a 29.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard G. Kyle sold 13,637 shares of the business’s stock in a transaction dated 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 completion of the sale, the director directly owned 183,724 shares of the company’s stock, valued at $23,264,970.12. The trade was a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 30,535 shares of company stock valued at $3,912,529. Insiders own 8.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd acquired a new stake in Timken in the fourth quarter valued at approximately $25,000. Clearstead Advisors LLC increased its holdings in shares of Timken by 130.3% during the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 172 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Timken during the second quarter worth approximately $37,000. Elevation Wealth Partners LLC raised its position in shares of Timken by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 210 shares during the period. Finally, Trust Co. of Vermont bought a new position in shares of Timken in the 2nd quarter worth $41,000. Institutional investors own 89.08% of the company’s stock.

Timken Stock Performance

Shares of TKR opened at $133.37 on Monday. The company has a current ratio of 3.10, a quick ratio of 1.74 and a debt-to-equity ratio of 0.61. The firm’s fifty day simple moving average is $137.56 and its two-hundred day simple moving average is $118.39. Timken has a 12 month low of $70.57 and a 12 month high of $146.37. The stock has a market capitalization of $9.24 billion, a P/E ratio of 36.14, a price-to-earnings-growth ratio of 1.57 and a beta of 1.21.

Timken (NYSE:TKRGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.21. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%.The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company posted $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, analysts predict that Timken will post 6.23 EPS for the current year.

Timken Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 18th. Timken’s payout ratio is 39.02%.

About Timken

(Get Free Report)

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.

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Analyst Recommendations for Timken (NYSE:TKR)

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