Timken (NYSE:TKR) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Timken Company (The) (NYSE:TKR) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $79.65 and traded as high as $92.26. Timken shares last traded at $90.6510, with a volume of 436,812 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TKR. Oppenheimer restated an “outperform” rating on shares of Timken in a research report on Monday, November 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a research note on Wednesday, October 8th. The Goldman Sachs Group restated a “neutral” rating and set a $88.00 target price on shares of Timken in a report on Thursday, October 30th. Citigroup boosted their price target on shares of Timken from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Timken from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $83.70.

Timken Stock Down 3.1%

The company has a debt-to-equity ratio of 0.63, a current ratio of 3.11 and a quick ratio of 1.71. The company has a market cap of $6.31 billion, a PE ratio of 21.43, a P/E/G ratio of 1.82 and a beta of 1.21. The business’s 50 day moving average is $84.64 and its 200-day moving average is $79.65.

Timken (NYSE:TKR) last announced its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.12. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.12 billion. Timken had a net margin of 6.54% and a return on equity of 11.88%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.23 EPS. Timken has set its FY 2025 guidance at 5.200-5.300 EPS. As a group, analysts predict that Timken Company will post 5.62 EPS for the current year.

Timken Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Tuesday, November 25th were paid a $0.35 dividend. The ex-dividend date was Tuesday, November 25th. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Timken’s dividend payout ratio (DPR) is currently 33.10%.

Insider Activity

In other news, Director Richard G. Kyle sold 15,837 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $81.03, for a total transaction of $1,283,272.11. Following the completion of the transaction, the director directly owned 266,942 shares of the company’s stock, valued at approximately $21,630,310.26. This represents a 5.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 8.37% of the company’s stock.

Institutional Investors Weigh In On Timken

Institutional investors have recently added to or reduced their stakes in the business. Uncommon Cents Investing LLC boosted its holdings in Timken by 0.5% in the fourth quarter. Uncommon Cents Investing LLC now owns 27,465 shares of the industrial products company’s stock valued at $2,311,000 after purchasing an additional 125 shares in the last quarter. CWM LLC lifted its position in shares of Timken by 31.4% during the 2nd quarter. CWM LLC now owns 527 shares of the industrial products company’s stock worth $38,000 after buying an additional 126 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Timken by 3.2% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company’s stock valued at $325,000 after buying an additional 132 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its holdings in shares of Timken by 1.3% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 10,889 shares of the industrial products company’s stock valued at $819,000 after buying an additional 139 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its position in shares of Timken by 2.4% in the 2nd quarter. Verdence Capital Advisors LLC now owns 6,083 shares of the industrial products company’s stock valued at $441,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 89.08% of the company’s stock.

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.