Timken (NYSE:TKR) Stock Rating Upgraded by JPMorgan Chase & Co.

Timken (NYSE:TKR) was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Tuesday. The brokerage presently has a $150.00 price objective on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 24.91% from the company’s previous close.

Several other equities analysts also recently commented on TKR. KeyCorp boosted their price target on shares of Timken from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Wall Street Zen raised Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Morgan Stanley set a $140.00 price target on Timken in a report on Thursday. Evercore reaffirmed an “outperform” rating and set a $158.00 price target on shares of Timken in a report on Monday, May 11th. Finally, DA Davidson lifted their price target on Timken from $117.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, May 21st. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Timken presently has a consensus rating of “Moderate Buy” and an average target price of $139.13.

Timken Stock Up 0.1%

Timken stock opened at $120.08 on Tuesday. The firm has a 50 day moving average price of $106.88 and a 200 day moving average price of $96.97. The company 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. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.55 and a current ratio of 2.88. Timken has a fifty-two week low of $67.14 and a fifty-two week high of $123.67.

Timken (NYSE:TKR) last posted its quarterly 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 business had revenue of $1.23 billion during 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 company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Research analysts expect that Timken will post 6.05 earnings per share for the current year.

Insider Buying and Selling at Timken

In other news, Director John M. Timken, Jr. sold 15,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $116.51, for a total value of $1,747,650.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard G. Kyle sold 37,181 shares of the 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 sale, the director owned 206,455 shares of the company’s stock, valued at $24,225,429.70. This trade represents a 15.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 8.10% of the company’s stock.

Institutional Investors Weigh In On Timken

Several hedge funds have recently made changes to their positions in TKR. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Timken during the fourth quarter worth about $25,000. Clearstead Advisors LLC boosted its stake 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 worth $26,000 after buying an additional 172 shares during the period. Eastern Bank acquired a new stake in shares of Timken during the fourth quarter worth about $27,000. V Square Quantitative Management LLC acquired a new stake in shares of Timken during the fourth quarter worth about $31,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Timken during the second quarter worth about $42,000. Institutional investors and hedge funds 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.