How Analysts Feel About The Timken Company (NYSE:TKR)?

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.
Zebra Mgmt Limited Liability Company accumulated 14,953 shares. Bowen Hanes & has invested 0.07% of its portfolio in The Timken Company (NYSE:TKR). Utah Retirement holds 0.01% or 12,762 shares in its portfolio. Moreover, Ls Invest Advisors Limited Liability has 0.01% invested in The Timken Company (NYSE:TKR) for 3,356 shares. Numerixs Techs Inc reported 1,100 shares. Kayne Anderson Rudnick invested in 0% or 59 shares. New Jersey-based Bessemer Gp has invested 0% in The Timken Company (NYSE:TKR). Royal Bancorp Of Canada accumulated 117,635 shares. Barclays Public Limited Com has invested 0% in The Timken Company (NYSE:TKR). California State Teachers Retirement Sys has invested 0.01% in The Timken Company (NYSE:TKR). Stevens Cap Management Lp, Pennsylvania-based fund reported 6,763 shares. Moreover, Axa has 0.04% invested in The Timken Company (NYSE:TKR). 8,790 are owned by Mirae Asset Global Invs. Price T Rowe Assocs Md invested 0% in The Timken Company (NYSE:TKR). 53,164 are held by Rafferty Asset Limited Liability.

Since August 27, 2019, it had 1 buying transaction, and 0 selling transactions 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 firm earned “Buy” rating on Tuesday, July 16 by Goldman Sachs. 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: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For September 26, 2019 – Benzinga” on September 26, 2019, also Finance.Yahoo.com with their article: “Timken to Participate in Stifel Cross Sector Insight Conference – Yahoo Finance” published on May 30, 2019, Seekingalpha.com published: “The Timken Company (TKR) CEO Rich Kyle on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” on August 01, 2019. More interesting news about The Timken Company (NYSE:TKR) were released by: Finance.Yahoo.com and their article: “Before You Buy The Timken Company (NYSE:TKR), Consider Its Volatility – Yahoo Finance” published on June 29, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is The Timken Company (NYSE:TKR) Potentially Undervalued? – Yahoo Finance” with publication date: June 15, 2019.

The Timken Company (NYSE:TKR) Institutional Positions Chart

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