Timken Company (The) (NYSE:TKR) Given Average Recommendation of “Hold” by Analysts

Shares of Timken Company (The) (NYSE:TKR) have received an average recommendation of “Hold” from the ten analysts that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $94.8889.

Several research firms have recently issued reports on TKR. Oppenheimer set a $108.00 price objective on shares of Timken in a research report on Thursday, February 5th. Wall Street Zen upgraded Timken from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Morgan Stanley upped their target price on Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. DA Davidson increased their target price on Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Finally, Citigroup boosted their price target on Timken from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th.

Insider Buying and Selling at Timken

In related news, Director Richard G. Kyle sold 19,636 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $107.99, for a total transaction of $2,120,491.64. Following the completion of the sale, the director directly owned 243,636 shares of the company’s stock, valued at approximately $26,310,251.64. This trade represents a 7.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Timken

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TKR. American Century Companies Inc. increased its position in shares of Timken by 13.4% during the second quarter. American Century Companies Inc. now owns 3,845,175 shares of the industrial products company’s stock worth $278,968,000 after acquiring an additional 455,050 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Timken by 12.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,672,110 shares of the industrial products company’s stock valued at $224,813,000 after purchasing an additional 297,047 shares during the last quarter. UBS Group AG boosted its holdings in Timken by 734.7% in 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 during the last quarter. Victory Capital Management Inc. grew its stake in Timken by 15.5% during the 4th 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. Finally, Bank of New York Mellon Corp increased its holdings in Timken by 34.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,493,167 shares of the industrial products company’s stock worth $112,256,000 after purchasing an additional 385,389 shares during the last quarter. 89.08% of the stock is owned by hedge funds and other institutional investors.

Timken Stock Performance

Timken stock opened at $97.37 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.82 and a quick ratio of 1.47. Timken has a 12 month low of $56.20 and a 12 month high of $111.39. The company has a market cap of $6.79 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18. The stock’s 50-day moving average is $100.56 and its 200-day moving average is $86.83.

Timken (NYSE:TKR) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. Timken had a net margin of 6.29% and a return on equity of 11.52%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company earned $1.16 EPS. The company’s revenue was up 3.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. Equities analysts anticipate that Timken will post 5.62 earnings per share for the current year.

Timken Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, February 24th. Timken’s payout ratio is presently 34.06%.

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.