Timken Company (The) (NYSE:TKR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Timken Company (The) (NYSE:TKR) has earned a consensus rating of “Moderate Buy” from the nine research firms that are presently 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 12-month target price among brokers that have covered the stock in the last year is $141.6250.

Several brokerages have weighed in on TKR. Evercore reiterated an “outperform” rating and issued a $158.00 target price on shares of Timken in a research note on Monday, May 11th. Citigroup upped their price target on Timken from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. KeyCorp increased their price target on Timken from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. The Goldman Sachs Group set a $128.00 price objective on shares of Timken in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. raised shares of Timken from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $130.00 to $150.00 in a research note on Tuesday, May 26th.

Timken Price Performance

Shares of TKR opened at $139.37 on Friday. Timken has a fifty-two week low of $70.57 and a fifty-two week high of $146.37. The company has a market capitalization of $9.69 billion, a price-to-earnings ratio of 31.68, a price-to-earnings-growth ratio of 1.70 and a beta of 1.20. The firm has a 50-day simple moving average of $126.38 and a 200-day simple moving average of $108.05. 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 (NYSE:TKR) last released its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $1.67 earnings per share (EPS) 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 analyst estimates of $1.17 billion. Timken had a return on equity of 11.84% and a net margin of 6.60%.The business’s revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $1.40 earnings per share. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, equities research analysts anticipate that Timken will post 6.14 earnings per share for the current year.

Timken Increases Dividend

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

Insider Transactions at Timken

In related news, Director Richard G. Kyle sold 37,181 shares of the 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 completion of the transaction, the director directly 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 transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director John M. Timken, Jr. sold 15,000 shares of the firm’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 completion of the sale, the director owned 264,744 shares of the company’s stock, valued at approximately $30,845,323.44. The trade was a 5.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,079 shares of company stock worth $8,296,144 over the last ninety days. 8.10% of the stock is currently owned by company insiders.

Institutional Trading of Timken

Several hedge funds have recently modified their holdings of TKR. Gordian Capital Singapore Pte Ltd purchased a new position in Timken in the fourth quarter worth $25,000. Clearstead Advisors LLC boosted its position in shares of Timken by 130.3% during 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 in the last quarter. Eastern Bank purchased a new stake in shares of Timken during the 4th quarter worth $27,000. V Square Quantitative Management LLC acquired a new position in shares of Timken during the 4th quarter worth $31,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Timken during the 2nd quarter worth $42,000. 89.08% of the stock is owned by institutional investors and hedge funds.

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.