Wall Street Zen Upgrades Timken (NYSE:TKR) to Buy

Timken (NYSE:TKR) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

TKR has been the subject of a number of other reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Timken in a report on Wednesday, January 21st. Oppenheimer set a $108.00 target price on Timken in a research note on Thursday, February 5th. Morgan Stanley lifted their price target on shares of Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. DA Davidson increased their target price on shares of Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Timken from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $93.78.

Timken Price Performance

Shares of NYSE:TKR opened at $108.19 on Friday. The company’s fifty day moving average price is $96.45 and its 200-day moving average price is $84.56. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.82 and a quick ratio of 1.47. The firm has a market capitalization of $7.52 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.59 and a beta of 1.21. Timken has a one year low of $56.20 and a one year high of $111.39.

Timken (NYSE:TKR) last posted its quarterly earnings data 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. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.07 billion. Timken had a net margin of 6.29% and a return on equity of 11.52%. The firm’s revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.16 EPS. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, equities research analysts anticipate that Timken will post 5.62 earnings per share for the current fiscal year.

Insider Activity at Timken

In other Timken news, Director Richard G. Kyle sold 19,636 shares of the company’s stock in a transaction on Friday, February 20th. The shares were 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Timken

Several hedge funds and other institutional investors have recently modified their holdings of the stock. DGS Capital Management LLC purchased a new stake in shares of Timken in the 4th quarter worth about $207,000. Invesco Ltd. grew its holdings in Timken by 1.0% in the fourth quarter. Invesco Ltd. now owns 1,371,613 shares of the industrial products company’s stock worth $115,394,000 after purchasing an additional 13,459 shares during the period. Corient Private Wealth LLC increased its stake in shares of Timken by 111.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,933 shares of the industrial products company’s stock valued at $1,517,000 after purchasing an additional 9,465 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Timken by 6.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 47,807 shares of the industrial products company’s stock valued at $4,022,000 after purchasing an additional 2,939 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Timken in the 4th quarter worth approximately $231,000. Hedge funds and other institutional investors own 89.08% of the company’s stock.

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.