Discussion stirs around The Timken Company (NYSE:TKR) this week; here is what analysts are saying.

The Timken Company (NYSE:TKR) Logo
Investors sentiment increased to 1.17 in Q2 2019. Its up 0.02, from 1.15 in 2019Q1. It improved, as 21 investors sold The Timken Company shares while 103 reduced holdings. 60 funds opened positions while 85 raised stakes. 56.45 million shares or 0.55% less from 56.76 million shares in 2019Q1 were reported.
Morgan Stanley owns 0% invested in The Timken Company (NYSE:TKR) for 249,152 shares. Lsv Asset reported 0.12% in The Timken Company (NYSE:TKR). 12,072 were accumulated by Commonwealth Of Pennsylvania Public School Empls Retrmt System. Gsa Cap Ptnrs Ltd Liability Partnership holds 0.21% or 36,925 shares. Swiss Savings Bank has invested 0.01% in The Timken Company (NYSE:TKR). Dupont Cap Mgmt Corp has invested 0.05% of its portfolio in The Timken Company (NYSE:TKR). 850 were accumulated by Sandy Spring Bancorp. Ameriprise Fincl holds 0% of its portfolio in The Timken Company (NYSE:TKR) for 204,561 shares. Dimensional Fund Advisors L P holds 0.05% or 2.27 million shares. Advsrs Preferred Ltd Liability Corp holds 0.01% of its portfolio in The Timken Company (NYSE:TKR) for 719 shares. Dekabank Deutsche Girozentrale invested in 0% or 2,276 shares. City Hldg Company holds 78 shares. Coastline Tru reported 5,975 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 3,922 shares. Comerica Bancorp owns 0.02% invested in The Timken Company (NYSE:TKR) for 54,507 shares.

Since August 27, 2019, it had 1 buying transaction, and 0 insider sales for $190,216 activity.

The Timken Company (NYSE:TKR) Ratings Coverage

Among 2 analysts covering Timken (NYSE:TKR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Timken has $5600 highest and $5400 lowest target. $55’s average target is 27.76% above currents $43.05 stock price. Timken had 4 analyst reports since May 22, 2019 according to SRatingsIntel. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, July 16. Below is a list of The Timken Company (NYSE:TKR) latest ratings and price target changes.

26/09/2019 Broker: Bank of America Old Rating: Neutral New Rating: Underperform Downgrade
16/07/2019 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Old Target: $55.0000 New Target: $56.0000 Upgrade
10/06/2019 Broker: Morgan Stanley Rating: Equal-Weight New Target: $54.0000 Initiates Coverage On
22/05/2019 Broker: BidaskScore Rating: Hold Downgrade

The stock increased 2.99% or $1.25 during the last trading session, reaching $43.05. About 374,150 shares traded. The Timken Company (NYSE:TKR) has declined 0.63% since October 12, 2018 and is downtrending. It has underperformed by 0.63% the S&P500.

The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide. The company has market cap of $3.33 billion. It operates through two divisions, Mobile Industries and Process Industries. It has a 10.57 P/E ratio. The Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices, and systems, as well as power transmission components, engineered chains, augers, belts, and related products and maintenance services to original equipment manufacturers and end users of off-highway equipment, such as agricultural, construction, mining, outdoor power equipment, and powersports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives.

More notable recent The Timken Company (NYSE:TKR) news were published by: Prnewswire.com which released: “Timken to Acquire BEKA Lubrication, Expanding Its Global Leadership in Automatic Lubrication Systems – PRNewswire” on September 16, 2019, also Seekingalpha.com with their article: “The Timken Company 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on May 01, 2019, Finance.Yahoo.com published: “Is The Timken Company’s (NYSE:TKR) 12% Return On Capital Employed Good News? – Yahoo Finance” on June 01, 2019. More interesting news about The Timken Company (NYSE:TKR) were released by: Finance.Yahoo.com and their article: “Timken to Participate in Stifel Cross Sector Insight Conference – Yahoo Finance” published on May 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “Were Hedge Funds Right About Piling Into The Timken Company (TKR)? – Yahoo Finance” with publication date: June 22, 2019.

The Timken Company (NYSE:TKR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.