Timken (NYSE:TKR) Hits New 52-Week High – Here’s Why

Timken Company (The) (NYSE:TKR) hit a new 52-week high on Thursday . The company traded as high as $139.77 and last traded at $132.6570, with a volume of 1134672 shares. The stock had previously closed at $137.09.

Timken News Roundup

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks Research lifted earnings estimates for Timken across FY2026, FY2027, and several upcoming quarters, suggesting stronger expected profitability. Timken earnings estimate updates
• Positive Sentiment: Zacks highlighted Timken as a top-ranked value stock, which may attract value-oriented investors looking for undervalued industrial names. Timken top-ranked value stock article
• Neutral Sentiment: A Zacks comparison piece versus Garmin (GRMN) focused on relative value, but it did not add a direct catalyst specific to Timken. TKR vs GRMN article
• Negative Sentiment: An insider-selling report said a Timken director sold about $1.11 million in stock, which can weigh on sentiment despite the broader positive analyst backdrop. Timken insider selling article

Wall Street Analysts Forecast Growth

TKR has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a research note on Monday, April 20th. KeyCorp lifted their target price 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. The Goldman Sachs Group set a $128.00 price target on shares of Timken in a report on Friday, May 22nd. DA Davidson raised their price target on shares of Timken from $117.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, May 21st. Finally, Morgan Stanley set a $140.00 price target on shares of Timken in a report on Thursday, May 21st. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Timken presently has an average rating of “Moderate Buy” and a consensus target price of $140.38.

Timken Price Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 2.88 and a quick ratio of 1.55. The firm has a market capitalization of $9.51 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.65 and a beta of 1.21. The business’s fifty day simple moving average is $116.11 and its 200 day simple moving average is $102.18.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.17. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Timken had a net margin of 6.60% and a return on equity of 11.84%. The business’s revenue was up 8.0% on a year-over-year basis. During the same period last year, the company earned $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, research analysts forecast that Timken Company will post 6.13 EPS for the current year.

Timken Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.36 per share. This is an increase from Timken’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, May 19th. Timken’s dividend payout ratio is 32.73%.

Insider Activity

In other news, Director Ajita G. Rajendra sold 8,450 shares of Timken 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 completion of the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard G. Kyle sold 37,181 shares of Timken stock in a transaction dated Friday, May 8th. The shares were 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 of the company’s stock, valued at $24,225,429.70. This represents a 15.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 69,079 shares of company stock worth $8,296,144 over the last three months. 8.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in shares of Timken by 8.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,886,955 shares of the industrial products company’s stock valued at $290,320,000 after buying an additional 214,845 shares during the last quarter. UBS Group AG lifted its position in shares of Timken by 734.7% during the third quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock valued at $171,880,000 after purchasing an additional 2,012,352 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Timken by 15.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,843,042 shares of the industrial products company’s stock valued at $155,055,000 after purchasing an additional 247,000 shares in the last quarter. Invesco Ltd. lifted its position in shares of Timken by 1.0% during the fourth quarter. Invesco Ltd. now owns 1,371,613 shares of the industrial products company’s stock valued at $115,394,000 after purchasing an additional 13,459 shares in the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Timken by 5.6% during the fourth quarter. Brown Advisory Inc. now owns 1,273,668 shares of the industrial products company’s stock valued at $107,154,000 after purchasing an additional 67,573 shares in the last quarter. 89.08% of the stock is currently owned by institutional investors and hedge funds.

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.