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

Shares of Timken Company (The) (NYSE:TKR) have been assigned a consensus rating of “Hold” from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $115.8750.

A number of equities research analysts recently issued reports on the company. Citigroup increased their price objective on Timken from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 price target on shares of Timken in a research note on Friday. Wall Street Zen upgraded Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Oppenheimer upped their price objective on Timken from $117.00 to $132.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, DA Davidson upped their price objective on Timken from $86.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th.

Insider Activity

In other news, Director Richard G. Kyle sold 19,636 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $107.99, for a total value of $2,120,491.64. Following the completion of the transaction, the director directly owned 243,636 shares in the company, valued at approximately $26,310,251.64. This represents a 7.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 8.10% of the company’s stock.

Hedge Funds Weigh In On Timken

A number of hedge funds and other institutional investors have recently modified their holdings of TKR. Mather Group LLC. purchased a new position in shares of Timken in the 3rd quarter worth about $25,000. Gordian Capital Singapore Pte Ltd bought a new position in shares of Timken during the fourth quarter valued at about $25,000. Clearstead Advisors LLC grew 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 valued at $26,000 after buying an additional 172 shares during the last quarter. Eastern Bank bought a new position in shares of Timken during the fourth quarter valued at about $27,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Timken during the fourth quarter valued at about $31,000. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Timken Trading Up 1.4%

Shares of TKR stock opened at $117.97 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.47 and a current ratio of 2.88. Timken has a 52-week low of $67.14 and a 52-week high of $123.67. The company has a market capitalization of $8.20 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 1.67 and a beta of 1.18. The business’s fifty day moving average is $104.05 and its 200 day moving average is $93.67.

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, topping analysts’ consensus estimates of $1.50 by $0.17. Timken had a return on equity of 11.84% and a net margin of 6.60%.The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the business posted $1.40 earnings per share. The firm’s revenue was up 8.0% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. On average, equities research analysts anticipate that Timken will post 5.97 EPS for the current fiscal year.

Timken Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Tuesday, May 19th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, May 19th. This is an increase from Timken’s previous quarterly dividend of $0.35. Timken’s dividend payout ratio (DPR) is currently 31.82%.

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.