Timken (NYSE:TKR) Given New $119.00 Price Target at Morgan Stanley

Key Points

• Morgan Stanley lifted its price target on Timken to $119 (from $116) and kept an "overweight" rating, implying roughly a 24.08% upside from the current share price.
• Analyst coverage is mixed and the consensus remains a "Hold" with a mean price target of $95.22 (four Buy, five Hold, one Sell), indicating divergent views on the stock's near-term prospects.
• Timken beat quarterly estimates with $1.14 EPS and $1.11B revenue and set FY2026 guidance of $5.50–$6.00 EPS, roughly in line with analysts' ~5.62 EPS forecast.

Timken (NYSE:TKR - Get Free Report) had its price target lifted by analysts at Morgan Stanley from $116.00 to $119.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an "overweight" rating on the industrial products company's stock. Morgan Stanley's price target indicates a potential upside of 24.08% from the stock's current price.

Other research analysts have also issued reports about the stock. Weiss Ratings restated a "hold (c+)" rating on shares of Timken in a research report on Wednesday, January 21st. DA Davidson lifted their target price 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. Citigroup boosted their price target on Timken from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. restated an "underweight" rating and set a $100.00 price objective on shares of Timken in a research note on Thursday. Finally, Oppenheimer set a $108.00 price target on shares of Timken in a research report on Thursday, February 5th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $95.22.

Timken Price Performance

NYSE TKR traded down $1.65 during midday trading on Monday, hitting $95.91. The company had a trading volume of 386,160 shares, compared to its average volume of 821,307. The company has a current ratio of 2.82, a quick ratio of 1.47 and a debt-to-equity ratio of 0.56. Timken has a twelve month low of $56.20 and a twelve month high of $111.39. The company has a market capitalization of $6.69 billion, a PE ratio of 23.33, a P/E/G ratio of 1.43 and a beta of 1.18. The firm has a 50-day moving average price of $101.38 and a 200-day moving average price of $87.91.

Timken (NYSE:TKR - Get Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The firm 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 business's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $1.16 EPS. Timken has set its FY 2026 guidance at 5.500-6.000 EPS. As a group, analysts anticipate that Timken will post 5.62 earnings per share for the current fiscal year.

Insider Transactions at Timken

In related news, Director Richard G. Kyle sold 19,636 shares of Timken 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 8.70% of the company's stock.

Institutional Investors Weigh In On Timken

Several large investors have recently bought and sold shares of TKR. Corient Private Wealth LLC increased its position in shares of Timken by 112.6% during the fourth quarter. Corient Private Wealth LLC now owns 18,002 shares of the industrial products company's stock worth $1,522,000 after purchasing an additional 9,534 shares in the last quarter. Redwood Family Wealth LLC purchased a new position in shares of Timken in the fourth quarter worth about $210,000. DGS Capital Management LLC purchased a new stake in shares of Timken in the fourth quarter valued at approximately $207,000. Invesco Ltd. boosted its stake in Timken by 1.0% during the fourth quarter. Invesco Ltd. now owns 1,371,613 shares of the industrial products company's stock worth $115,394,000 after buying an additional 13,459 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Timken by 6.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 47,807 shares of the industrial products company's stock worth $4,022,000 after acquiring an additional 2,939 shares during the last quarter. 89.08% of the stock is currently owned by hedge funds and other 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.

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