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

Timken Company (The) (NYSE:TKR) has been given a consensus rating of “Moderate Buy” by the nine analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $141.6250.

A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Timken in a research report on Monday, April 20th. DA Davidson assumed coverage on shares of Timken in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $130.00 target price on the stock. JPMorgan Chase & Co. raised shares of Timken from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $130.00 to $150.00 in a research report on Tuesday, May 26th. Oppenheimer upped their target price on shares of Timken from $137.00 to $147.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Finally, The Goldman Sachs Group set a $128.00 target price on shares of Timken in a research report on Friday, May 22nd.

Timken Stock Down 1.9%

TKR stock opened at $141.23 on Friday. Timken has a fifty-two week low of $70.57 and a fifty-two week high of $145.61. The business’s 50 day moving average price is $123.56 and its two-hundred day moving average price is $106.32. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.55 and a current ratio of 2.88. The company has a market capitalization of $9.82 billion, a price-to-earnings ratio of 32.10, a price-to-earnings-growth ratio of 1.69 and a beta of 1.21.

Timken (NYSE:TKR) last posted its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.17. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.17 billion. Timken had a return on equity of 11.84% and a net margin of 6.60%.The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. As a group, analysts forecast that Timken will post 6.14 earnings per share for the current fiscal year.

Timken Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, May 19th. This is a positive change from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio (DPR) is presently 32.73%.

Insider Activity at Timken

In related news, Director John M. Timken, Jr. sold 15,000 shares of the stock in a transaction dated 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 sale, the director directly owned 264,744 shares of the company’s stock, 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 shares were sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 69,079 shares of company stock valued at $8,296,144. 8.10% of the stock is owned by insiders.

Institutional Trading of Timken

Several institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC grew its position in Timken by 4.1% during the 1st quarter. Parallel Advisors LLC now owns 2,970 shares of the industrial products company’s stock valued at $299,000 after purchasing an additional 116 shares during the last quarter. Segall Bryant & Hamill LLC grew its position in Timken by 29.9% during the 1st quarter. Segall Bryant & Hamill LLC now owns 451,516 shares of the industrial products company’s stock valued at $45,409,000 after purchasing an additional 103,904 shares during the last quarter. Amundi grew its position in Timken by 151.1% during the 1st quarter. Amundi now owns 8,885 shares of the industrial products company’s stock valued at $894,000 after purchasing an additional 5,347 shares during the last quarter. Parvin Asset Management LLC grew its position in Timken by 16.5% during the 1st quarter. Parvin Asset Management LLC now owns 920 shares of the industrial products company’s stock valued at $93,000 after purchasing an additional 130 shares during the last quarter. Finally, California State Teachers Retirement System grew its position in Timken by 26.8% during the 1st quarter. California State Teachers Retirement System now owns 78,223 shares of the industrial products company’s stock valued at $7,867,000 after purchasing an additional 16,535 shares during the last quarter. 89.08% of the stock is owned by hedge funds and other institutional investors.

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.