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 report issued on Sunday.

TKR has been the topic of several other reports. DA Davidson upped their target price on Timken from $86.00 to $108.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Citigroup increased their price target on shares of Timken from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Timken in a research note on Wednesday, January 21st. JPMorgan Chase & Co. raised their price target on shares of Timken from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Morgan Stanley boosted their target price on shares of Timken from $105.00 to $116.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Timken currently has a consensus rating of “Hold” and an average price target of $93.78.

Timken Stock Up 1.5%

TKR stock opened at $110.03 on Friday. The company’s 50 day simple moving average is $96.93 and its 200-day simple moving average is $84.82. 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 52-week low of $56.20 and a 52-week high of $111.39. The firm has a market capitalization of $7.65 billion, a P/E ratio of 26.77, a P/E/G ratio of 1.59 and a beta of 1.21.

Timken (NYSE:TKR) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. Timken had a return on equity of 11.52% and a net margin of 6.29%.The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company posted $1.16 earnings per share. Timken’s revenue for the quarter was up 3.5% compared to the same quarter last year. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, equities research analysts anticipate that Timken will post 5.62 EPS for the current year.

Insider Buying and Selling

In other Timken news, Director Richard G. Kyle sold 19,636 shares of the 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 sale, the director directly owned 243,636 shares in the company, valued at approximately $26,310,251.64. This trade represents a 7.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 8.70% of the company’s stock.

Institutional Investors Weigh In On Timken

Several institutional investors have recently added to or reduced their stakes in the stock. Gordian Capital Singapore Pte Ltd acquired a new position in Timken in the 4th quarter worth $25,000. Clearstead Advisors LLC lifted its holdings in shares of Timken by 130.3% in the fourth quarter. Clearstead Advisors LLC now owns 304 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 172 shares in the last quarter. Eastern Bank acquired a new position in shares of Timken during the fourth quarter worth about $27,000. Mather Group LLC. bought a new position in shares of Timken during the third quarter worth about $25,000. Finally, V Square Quantitative Management LLC acquired a new stake in Timken in the 4th quarter valued at approximately $31,000. 89.08% of the stock is owned by institutional investors.

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.