Timken (NYSE:TKR) Stock Gets Price Target Trim from Citigroup

Timken (NYSE:TKR) had its price target reduced by Citigroup from $160.00 to $140.00 in a research note released on Monday,Benzinga reports. They currently have a buy rating on the industrial products company’s stock.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings raised shares of Timken from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 20th. KeyCorp lifted their price target on shares of Timken from $140.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. lifted their price target on shares of Timken from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. The Goldman Sachs Group boosted their price target on shares of Timken from $128.00 to $142.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Finally, Bank of America upgraded shares of Timken from a “neutral” rating to a “buy” rating and upped their price objective for the company from $129.00 to $135.00 in a research report on Tuesday, September 1st. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $145.00.

Timken Trading Down 1.8%

Shares of NYSE TKR opened at $112.19 on Monday. Timken has a fifty-two week low of $72.71 and a fifty-two week high of $146.37. The firm has a market capitalization of $7.77 billion, a P/E ratio of 30.40, a P/E/G ratio of 1.27 and a beta of 1.18. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.10 and a quick ratio of 1.74. The company’s 50 day simple moving average is $121.13 and its 200 day simple moving average is $123.58.

Timken (NYSE:TKR) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.21. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. Timken had a return on equity of 12.63% and a net margin of 5.43%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $1.12 EPS. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. On average, analysts predict that Timken will post 6.25 EPS for the current year.

Timken Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.44 annualized dividend and a dividend yield of 1.3%. Timken’s dividend payout ratio is currently 39.02%.

Insiders Place Their Bets

In related news, Director Richard Kyle sold 13,637 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $126.63, for a total value of $1,726,853.31. Following the completion of the transaction, the director directly owned 183,724 shares of the company’s stock, valued at approximately $23,264,970.12. This represents a 6.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 8.10% of the company’s stock.

Hedge Funds Weigh In On Timken

A number of large investors have recently bought and sold shares of TKR. NorthCrest Asset Manangement LLC lifted its position in shares of Timken by 88.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 2,933 shares of the industrial products company’s stock worth $335,000 after purchasing an additional 1,376 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Timken by 13.4% during the third quarter. GAMMA Investing LLC now owns 1,890 shares of the industrial products company’s stock worth $221,000 after purchasing an additional 224 shares during the last quarter. Whalen Wealth Management Inc. bought a new position in Timken in the third quarter valued at $325,000. Elevation Wealth Partners LLC grew its position in Timken by 103.5% in the third quarter. Elevation Wealth Partners LLC now owns 529 shares of the industrial products company’s stock valued at $62,000 after purchasing an additional 269 shares in the last quarter. Finally, Moody National Bank Trust Division grew its position in Timken by 14.2% in the third quarter. Moody National Bank Trust Division now owns 41,690 shares of the industrial products company’s stock valued at $4,867,000 after purchasing an additional 5,195 shares in the last quarter. Institutional investors and hedge funds own 89.08% of the company’s stock.

Timken News Roundup

Here are the key news stories impacting Timken this week:

• Positive Sentiment: Zacks raises earnings estimates: Zacks Research modestly increased its EPS forecasts for Timken’s third quarter of 2026 to $1.45, fiscal 2026 to $6.20, and fiscal 2027 to $7.22. Estimates for each quarter of fiscal 2027 and third-quarter 2028 were also raised, signaling slightly better expectations for future profitability. However, the fiscal 2026 forecast remains just below the $6.25 analyst consensus. Zacks Research earnings estimate revisions
• Neutral Sentiment: Third-quarter results scheduled: Timken will release its third-quarter 2026 financial results before the market opens on November 4 and hold an investor conference call afterward. The announcement provides a near-term catalyst, with investors likely focused on orders, industrial demand, margins and management’s outlook. Timken third-quarter 2026 earnings announcement
• Negative Sentiment: Citigroup cuts price target: Citigroup reduced its price target for Timken stock, which can weigh on investor sentiment by indicating less upside potential relative to the prior valuation. The available report does not disclose the revised target or the reasons for the reduction. Citigroup cuts Timken price target

About Timken

Timken (NYSE: TKR) is an engineered bearings and industrial motion products company. Its offerings include tapered, spherical, cylindrical, needle and precision bearings, as well as seals and lubrication systems designed to reduce friction, manage loads and support the performance of mechanical equipment.

Through its Industrial Motion business, Timken also provides products such as mechanical power transmission components, chains, belts, couplings, linear motion systems and gear drives.