Brokerages Set Timken Company (The) (NYSE:TKR) PT at $99.63

Timken Company (The) (NYSE:TKR) has been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $104.5714.

TKR has been the topic of several research analyst reports. Wall Street Zen raised Timken from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Morgan Stanley increased their target price on Timken from $116.00 to $119.00 and gave the company an “overweight” rating in a research report on Monday, March 30th. DA Davidson lifted their price target on shares of Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $100.00 price target on shares of Timken in a report on Thursday, March 26th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Timken in a research report on Wednesday, January 21st.

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 dated 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 8.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Timken

Several large investors have recently bought and sold shares of the company. SG Americas Securities LLC lifted its position in shares of Timken by 74.6% in the first quarter. SG Americas Securities LLC now owns 133,727 shares of the industrial products company’s stock valued at $13,449,000 after acquiring an additional 57,129 shares in the last quarter. Diversified Trust Co purchased a new stake in shares of Timken during the first quarter worth approximately $1,377,000. Peregrine Investment Management Inc. acquired a new position in Timken in the 1st quarter valued at $7,040,000. Corient Private Wealth LLC raised its stake in Timken by 112.6% in the 4th quarter. Corient Private Wealth LLC now owns 18,002 shares of the industrial products company’s stock valued at $1,522,000 after purchasing an additional 9,534 shares during the last quarter. Finally, Redwood Family Wealth LLC purchased a new position in Timken in the 4th quarter valued at $210,000. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Timken Stock Up 0.1%

TKR opened at $103.84 on Tuesday. The company has a fifty day moving average of $103.53 and a two-hundred day moving average of $90.24. The stock has a market capitalization of $7.25 billion, a price-to-earnings ratio of 25.26, a PEG ratio of 1.51 and a beta of 1.18. Timken has a fifty-two week low of $59.22 and a fifty-two week high of $111.39. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.47 and a current ratio of 2.82.

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 the consensus estimate of $1.09 by $0.05. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.07 billion. Timken had a net margin of 6.29% and a return on equity of 11.52%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.16 EPS. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, research analysts expect that Timken will post 5.62 earnings per share for the current year.

Timken Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Timken’s payout ratio is currently 34.06%.

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.