Timken Company (The) (NYSE:TKR) Receives $94.89 Average Target Price from Brokerages

Shares of Timken Company (The) (NYSE:TKR) have been given an average rating of “Hold” by the ten research firms that are currently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $94.8889.

A number of research analysts recently commented on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Timken in a research note on Wednesday, January 21st. Morgan Stanley lifted their price target on Timken from $105.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. upped their price objective on Timken from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. DA Davidson increased their price objective on Timken from $86.00 to $108.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Finally, Oppenheimer set a $108.00 price objective on Timken in a report on Thursday, February 5th.

Timken Price Performance

TKR stock opened at $95.27 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 one year low of $56.20 and a one year high of $111.39. The stock has a market cap of $6.65 billion, a PE ratio of 23.18, a P/E/G ratio of 1.40 and a beta of 1.17. The firm has a 50 day simple moving average of $100.64 and a two-hundred day simple moving average of $87.11.

Timken (NYSE:TKR) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the company posted $1.16 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. On average, analysts predict that Timken will post 5.62 EPS for the current fiscal year.

Timken Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders 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 yield of 1.5%. The ex-dividend date was Tuesday, February 24th. Timken’s dividend payout ratio (DPR) is presently 34.06%.

Insider Activity at Timken

In other news, Director Richard G. Kyle sold 19,636 shares of the business’s stock in a transaction that occurred 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 sale, the director directly owned 243,636 shares in the company, valued at approximately $26,310,251.64. The trade was a 7.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 8.37% of the company’s stock.

Hedge Funds Weigh In On Timken

Several institutional investors and hedge funds have recently made changes to their positions in the business. New York State Common Retirement Fund lifted its stake in shares of Timken by 6.3% in the 3rd quarter. New York State Common Retirement Fund now owns 461,129 shares of the industrial products company’s stock valued at $34,668,000 after acquiring an additional 27,515 shares during the last quarter. Keybank National Association OH grew its position in Timken by 107.8% during the 3rd quarter. Keybank National Association OH now owns 727,777 shares of the industrial products company’s stock worth $54,714,000 after acquiring an additional 377,607 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Timken by 34.8% in 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 period. Deprince Race & Zollo Inc. purchased a new position in Timken in the 3rd quarter worth approximately $22,624,000. Finally, Segall Bryant & Hamill LLC bought a new stake in Timken in the third quarter valued at approximately $8,107,000. Institutional investors own 89.08% of the company’s stock.

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.