Timken Company (The) (NYSE:TKR) Receives $150.00 Average Target Price from Analysts

Timken Company (The) (NYSE:TKR) has earned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $150.00.

TKR has been the topic of several research analyst reports. Oppenheimer boosted their price target on Timken from $147.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. raised their price objective on Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Morgan Stanley set a $140.00 price objective on Timken in a report on Thursday, May 21st. The Goldman Sachs Group boosted their target price on Timken from $128.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Finally, Evercore reissued an “outperform” rating and issued a $158.00 target price on shares of Timken in a report on Monday, May 11th.

Timken Stock Performance

NYSE:TKR opened at $141.30 on Thursday. The firm’s fifty day simple moving average is $134.80 and its 200-day simple moving average is $113.86. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 0.60. The stock has a market cap of $9.82 billion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 1.69 and a beta of 1.20. Timken has a fifty-two week low of $70.57 and a fifty-two week high of $146.37.

Timken (NYSE:TKR) last released its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.17. Timken had a net margin of 6.60% and a return on equity of 11.84%. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the firm earned $1.40 earnings per share. The firm’s revenue was up 8.0% on a year-over-year basis. Timken has set its FY 2026 guidance at 5.750-6.250 EPS. Analysts expect that Timken will post 6.16 earnings per share for the current fiscal year.

Timken Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were given a $0.36 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. This is a boost from Timken’s previous quarterly dividend of $0.35. Timken’s payout ratio is presently 32.73%.

Insider Activity at Timken

In other Timken news, Director John M. Timken, Jr. sold 15,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $116.51, for a total value of $1,747,650.00. Following the sale, the director owned 264,744 shares of the company’s stock, valued at $30,845,323.44. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ajita G. Rajendra sold 8,450 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $131.34, for a total transaction of $1,109,823.00. Following the completion of the sale, the director directly owned 20,225 shares in the company, valued at $2,656,351.50. This trade represents a 29.47% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 69,079 shares of company stock valued at $8,296,144. Insiders own 8.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings in Timken by 8.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,886,955 shares of the industrial products company’s stock valued at $290,320,000 after buying an additional 214,845 shares during the last quarter. UBS Group AG raised its holdings in shares of Timken by 734.7% in the third quarter. UBS Group AG now owns 2,286,250 shares of the industrial products company’s stock worth $171,880,000 after acquiring an additional 2,012,352 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Timken by 15.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,843,042 shares of the industrial products company’s stock worth $155,055,000 after acquiring an additional 247,000 shares during the last quarter. Invesco Ltd. lifted its position in shares of Timken by 1.0% in the fourth quarter. Invesco Ltd. now owns 1,371,613 shares of the industrial products company’s stock valued at $115,394,000 after acquiring an additional 13,459 shares in the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Timken by 5.6% in the fourth quarter. Brown Advisory Inc. now owns 1,273,668 shares of the industrial products company’s stock valued at $107,154,000 after acquiring an additional 67,573 shares in the last quarter. 89.08% of the stock is currently owned by institutional investors and hedge funds.

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.