Timken Company (The) (NYSE:TKR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Timken Company (The) (NYSE:TKR) have earned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $150.00.

A number of brokerages have recently commented on TKR. The Goldman Sachs Group lifted their price target on Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. KeyCorp upped their price objective on Timken from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Evercore reiterated an “outperform” rating and issued a $158.00 price objective on shares of Timken in a report on Monday, May 11th. Weiss Ratings downgraded shares of Timken from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 5th. Finally, DA Davidson set a $130.00 target price on shares of Timken in a report on Friday.

Insider Buying and Selling at Timken

In related news, Director Ajita G. Rajendra sold 8,450 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $131.34, for a total value of $1,109,823.00. Following the completion of the sale, the director directly owned 20,225 shares in the company, valued at $2,656,351.50. This represents a 29.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard G. Kyle sold 13,637 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $126.63, for a total value of $1,726,853.31. Following the completion of the sale, the director owned 183,724 shares of the company’s stock, valued at $23,264,970.12. The trade was a 6.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,535 shares of company stock worth $3,912,529. 8.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Timken

Institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP acquired a new position in shares of Timken in the second quarter worth approximately $37,000. Elevation Wealth Partners LLC boosted its holdings in Timken by 420.0% in the second quarter. Elevation Wealth Partners LLC now owns 260 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 210 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Timken during the 2nd quarter valued at approximately $41,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Timken during the 4th quarter valued at approximately $25,000. Finally, Clearstead Advisors LLC lifted its position in shares of Timken by 130.3% in the 4th quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 172 shares during the period. Institutional investors and hedge funds own 89.08% of the company’s stock.

Timken Stock Performance

NYSE TKR opened at $133.37 on Monday. The firm’s fifty day moving average price is $137.56 and its two-hundred day moving average price is $118.39. The stock has a market cap of $9.24 billion, a PE ratio of 36.14, a PEG ratio of 1.57 and a beta of 1.21. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.74 and a current ratio of 3.10. Timken has a fifty-two week low of $70.57 and a fifty-two week high of $146.37.

Timken (NYSE:TKR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.21. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%.Timken’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. On average, equities analysts expect that Timken will post 6.23 EPS for the current fiscal year.

Timken Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, August 18th. Timken’s payout ratio is 39.02%.

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.