Timken (NYSE:TKR) Price Target Raised to $120.00

Timken (NYSE:TKR) had its price target lifted by stock analysts at DA Davidson from $117.00 to $120.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the industrial products company’s stock. DA Davidson’s target price points to a potential upside of 2.48% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. KeyCorp lifted their target price on shares of Timken from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a report on Monday, April 20th. Morgan Stanley set a $140.00 target price on shares of Timken in a report on Thursday. Wall Street Zen upgraded shares of Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Finally, Citigroup lifted their target price on shares of Timken from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.63.

Timken Stock Performance

TKR traded down $0.11 during trading on Thursday, hitting $117.09. The stock had a trading volume of 458,383 shares, compared to its average volume of 843,699. The firm has a market cap of $8.14 billion, a PE ratio of 26.64, a P/E/G ratio of 1.49 and a beta of 1.18. Timken has a 12 month low of $67.14 and a 12 month high of $123.67. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 0.60. The company has a 50 day simple moving average of $105.80 and a 200-day simple moving average of $96.08.

Timken (NYSE:TKR) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $1.67 EPS for the quarter, topping the consensus estimate 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 net margin of 6.60% and a return on equity of 11.84%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.40 EPS. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Analysts expect that Timken will post 6.03 EPS for the current year.

Insider Activity

In other news, Director John M. Timken, Jr. sold 15,000 shares of the business’s 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 transaction, the director owned 264,744 shares in the company, valued at approximately $30,845,323.44. The trade was a 5.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Richard G. Kyle sold 37,181 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $117.34, for a total transaction of $4,362,818.54. Following the transaction, the director owned 206,455 shares in the company, valued at approximately $24,225,429.70. The trade was a 15.26% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 71,817 shares of company stock worth $8,230,960. Insiders own 8.10% of the company’s stock.

Institutional Trading of Timken

Several institutional investors have recently made changes to their positions in the business. Fifth Third Wealth Advisors LLC boosted its position in shares of Timken by 4.3% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,537 shares of the industrial products company’s stock valued at $255,000 after acquiring an additional 104 shares in the last quarter. Parallel Advisors LLC boosted its position in Timken by 4.1% in the first quarter. Parallel Advisors LLC now owns 2,970 shares of the industrial products company’s stock valued at $299,000 after buying an additional 116 shares in the last quarter. Uncommon Cents Investing LLC boosted its position 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 buying an additional 125 shares in the last quarter. Parvin Asset Management LLC boosted its position in Timken by 16.5% in the first quarter. Parvin Asset Management LLC now owns 920 shares of the industrial products company’s stock valued at $93,000 after buying an additional 130 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in Timken by 3.2% in the third 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. 89.08% of the stock is currently owned by institutional investors and hedge funds.

Timken News Summary

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Timken hosted an Investor Day and said it aims to accelerate profitable growth, expand margins, and drive shareholder value through its 2028 strategy and financial targets. Timken Details Strategy and Announces 2028 Financial Targets at Investor Day
• Positive Sentiment: Zacks Research raised Timken’s FY2026 EPS estimate to $6.03 from $5.84, matching the consensus and suggesting stable near-term earnings.
• Positive Sentiment: The firm also lifted longer-term EPS forecasts, including FY2027 to $6.69, FY2028 to $7.27, and higher estimates for multiple 2027 quarters, signaling improving earnings expectations.
• Neutral Sentiment: A Seeking Alpha slideshow on Timken’s Analyst/Investor Day added more attention to the company’s strategic update, but it did not provide new fundamental information. The Timken Company (TKR) Analyst/Investor Day – Slideshow
• Negative Sentiment: Zacks trimmed its Q3 2026 EPS estimate slightly to $1.50 from $1.51, a minor near-term downgrade that may partly offset the more optimistic longer-term revisions.

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.