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Hot Stocks
Timken acquires assets of Aurora Bearing for undisclosed amount » 07:02
12/01/20
12/01
07:02
12/01/20
07:02
TKR

Timken

$73.43 /

-1.125 (-1.51%)

The Timken has acquired…

The Timken has acquired the assets of Aurora Bearing. Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and packaging. Its sales This transaction advances Timken's strategy, which is focused on growing its leadership position in engineered bearings while diversifying the company's portfolio into adjacent products and markets. Other terms of the transaction were not disclosed.

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TKR Timken
$73.43 /

-1.125 (-1.51%)

TKR Timken
$73.43 /

-1.125 (-1.51%)

11/13/20 KeyBanc
Timken price target raised to $85 from $68 at KeyBanc
11/02/20 Citi
Timken initiated with a Buy at Citi
01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
TKR Timken
$73.43 /

-1.125 (-1.51%)

TKR Timken
$73.43 /

-1.125 (-1.51%)

Over a week ago
Periodicals
ABB unit draws interest from industry suitors, Reuters reports » 14:40
11/19/20
11/19
14:40
11/19/20
14:40
ABB

ABB

$26.86 /

-0.685 (-2.49%)

, TKR

Timken

$71.15 /

-0.41 (-0.57%)

, RBC

Regal Beloit

$119.16 /

+0.46 (+0.39%)

, RXN

Rexnord

$37.55 /

-0.35 (-0.92%)

ABB's (ABB) clutch…

ABB's (ABB) clutch and transmission manufacturer Dodge has already drawn interest from potential suitors before the Swiss engineering group said it was exiting the business, Reuters' Arno Schuetze and John Revill report, citing people familiar with the matter. Dodge is one of three units put up for sale, along with ABB's power conversion and turbocharger divisions, the authors note. Sever industry peers considered buying Dodge before it was formerly put on the selling block, and are anticipated to be in the running when ABB begins its auction in early 2021, the authors say, citing the sources. The unit has drawn interest from Timken (TKR), Regal Beloit (RBC), and Rexnord (RXN), the authors note. Reference Link

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TKR Timken
$71.15 /

-0.41 (-0.57%)

RBC Regal Beloit
$119.16 /

+0.46 (+0.39%)

ABB ABB
$26.86 /

-0.685 (-2.49%)

ABB ABB
$26.86 /

-0.685 (-2.49%)

10/26/20 JPMorgan
ABB price target raised to CHF 21.50 from CHF 20 at JPMorgan
10/26/20 Morgan Stanley
ABB price target raised to CHF 19.40 from CHF 18 at Morgan Stanley
08/20/20 Berenberg
ABB initiated with a Sell at Berenberg
07/24/20 RBC Capital
ABB price target raised to CHF 21 from CHF 20 at RBC Capital
TKR Timken
$71.15 /

-0.41 (-0.57%)

11/13/20 KeyBanc
Timken price target raised to $85 from $68 at KeyBanc
11/02/20 Citi
Timken initiated with a Buy at Citi
01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
RBC Regal Beloit
$119.16 /

+0.46 (+0.39%)

11/18/20 KeyBanc
Regal Beloit price target raised to $130 from $115 at KeyBanc
10/12/20 KeyBanc
Regal Beloit price target raised to $110 from $100 at KeyBanc
08/05/20 Wells Fargo
Regal Beloit price target raised to $95 from $80 at Wells Fargo
06/01/20 Barclays
Barclays upgrades 'underappreciated' Regal Beloit to Overweight
RXN Rexnord
$37.55 /

-0.35 (-0.92%)

11/18/20 KeyBanc
Rexnord price target raised to $45 from $37 at KeyBanc
07/14/20 Deutsche Bank
Rexnord upgraded to Buy from Hold at Deutsche Bank
05/26/20 BofA
Rexnord downgraded to Neutral on valuation at BofA
05/26/20 BofA
Rexnord downgraded to Neutral from Buy at BofA
TKR Timken
$71.15 /

-0.41 (-0.57%)

RXN Rexnord
$37.55 /

-0.35 (-0.92%)

RBC Regal Beloit
$119.16 /

+0.46 (+0.39%)

ABB ABB
$26.86 /

-0.685 (-2.49%)

ABB ABB
$26.86 /

-0.685 (-2.49%)

Recommendations
Timken price target raised to $85 from $68 at KeyBanc » 06:40
11/13/20
11/13
06:40
11/13/20
06:40
TKR

Timken

$68.75 /

-1.32 (-1.88%)

KeyBanc analyst Steve…

KeyBanc analyst Steve Barger raised the firm's price target on Timken to $85 from $68 and keeps an Overweight rating on the shares. The analyst thinks recent positive news for COVID-19 vaccines will result in improving investor sentiment for Industrials. While timing remains unclear, current estimates suggest broad vaccine distribution in early- mid 2021, he says. The analyst thinks longer-cycle Aerospace, Non-Residential Construction, and Energy could improve at a faster rate than anticipated just weeks ago.

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TKR Timken
$68.75 /

-1.32 (-1.88%)

TKR Timken
$68.75 /

-1.32 (-1.88%)

11/02/20 Citi
Timken initiated with a Buy at Citi
01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
TKR Timken
$68.75 /

-1.32 (-1.88%)

Over a month ago
Initiation
Timken initiated with a Buy at Citi » 06:41
11/02/20
11/02
06:41
11/02/20
06:41
TKR

Timken

$59.72 /

+1.505 (+2.59%)

Citi analyst Timothy…

Citi analyst Timothy Thein initiated coverage of Timken with a Buy rating and $75 price target, which implies 30% total return potential. The company provides leverage to a global industrial capex upcycle, upside from a "proven" capital allocation strategy and opportunity for further re-rating potential as its valuation discount narrows over time, Thein tells investors in a research note.

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TKR Timken
$59.72 /

+1.505 (+2.59%)

TKR Timken
$59.72 /

+1.505 (+2.59%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
TKR Timken
$59.72 /

+1.505 (+2.59%)

Earnings
Timken reports Q3 EPS $1.13, consensus 90c » 07:52
10/29/20
10/29
07:52
10/29/20
07:52
TKR

Timken

$56.50 /

-1.865 (-3.20%)

Reports Q3 revenue…

Reports Q3 revenue $894.6M, consensus $817.12M. "We are pleased with our performance in the third quarter," said Richard G. Kyle, Timken president and chief executive officer. "Our markets continued to recover from the April trough, and with our strong execution, revenue exceeded our expectations and approached last year's level. Additionally, our strategy to diversify our portfolio and increase our presence in sectors like renewable energy is contributing to our top-line performance in 2020. I am proud of how our Timken associates have shown resilience through the global pandemic. We continue to keep our operations safe, serve customers, deliver solid financial results and position the company for long-term success."

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TKR Timken
$56.50 /

-1.865 (-3.20%)

TKR Timken
$56.50 /

-1.865 (-3.20%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
TKR Timken
$56.50 /

-1.865 (-3.20%)

Hot Stocks
Timken business awarded up to $140M contract to supply reduction gears » 08:56
10/21/20
10/21
08:56
10/21/20
08:56
TKR

Timken

$60.46 /

+1.08 (+1.82%)

Timken and the Navy…

Timken and the Navy recently announced that Fincantieri Marinette Marine, or FMM, will build its new Constellation class of guided-missile frigates and FMM has chosen Timken's Philadelphia Gear business to supply the main reduction gears. Philadelphia Gear will design the elements of the ship's propulsion system at its technical center in King of Prussia, Pennsylvania and manufacture and assemble them at its marine center of excellence in Santa Fe Springs, California. FMM's contract with the Navy includes options for up to 10 frigates. These options, if exercised, could bring the cumulative value of Timken's contract to more than $140M over its life. The nearly 500-foot-long ships will have multi-mission capabilities, across the air, anti-submarine, surface, and electronic warfare spectrum of operations.

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TKR Timken
$60.46 /

+1.08 (+1.82%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
TKR Timken
$60.46 /

+1.08 (+1.82%)

Over a quarter ago
Earnings
Timken reports Q2 adj. EPS $1.02, consensus 34c » 06:58
08/03/20
08/03
06:58
08/03/20
06:58
TKR

Timken

$45.55 /

-1.37 (-2.92%)

Reports Q2 revenue…

Reports Q2 revenue $803.5M, consensus $722.13M. "We performed very well in the quarter despite the unprecedented impact from the COVID-19 pandemic, generating strong operating margins and cash flow, and delivering solid earnings per share," said Richard Kyle, Timken president and CEO. "The company responded quickly to the pandemic by taking decisive actions to protect employees and other stakeholders, adapt to rapid changes in customer demand, reduce costs and bolster liquidity. The advances we have made over the past several years have transformed Timken into a more resilient and higher performing company, as evidenced by our second-quarter and year-to-date results."

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TKR Timken
$45.55 /

-1.37 (-2.92%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
09/26/19
Fly Intel: Top five analyst downgrades
TKR Timken
$45.55 /

-1.37 (-2.92%)

Earnings
Timken reports Q1 adj. EPS $1.11, consensus $1.07 » 06:57
05/01/20
05/01
06:57
05/01/20
06:57
TKR

Timken

$37.73 /

-1.93 (-4.87%)

Reports Q1 revenue…

Reports Q1 revenue $923.4M, consensus $917.84M. "First quarter revenue and profitability improved meaningfully from the fourth quarter of 2019 as we expected, despite the impact from the COVID-19 pandemic," said Richard Kyle, Timken president and CEO. "The Timken team responded quickly to the pandemic, prioritizing the health and safety of our global associates and stakeholders. We have also taken significant short-term cost-reduction actions across the enterprise to mitigate the impact of COVID-19 on our second-quarter performance. We are confident in our ability to successfully manage through the challenges that lie ahead."

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TKR Timken
$37.73 /

-1.93 (-4.87%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
09/26/19
Fly Intel: Top five analyst downgrades
Conference/Events
Evercore ISI to hold a conference » 07:51
03/03/20
03/03
07:51
03/03/20
07:51
AEIS

Advanced Energy

$60.14 /

-0.13 (-0.22%)

, CMI

Cummins

$155.67 /

+1.1 (+0.71%)

, GTES

Gates Industrial

$10.79 /

+0.165 (+1.55%)

, TKR

Timken

$45.22 /

+0.42 (+0.94%)

, URI

United Rentals

$135.58 /

+5.94 (+4.58%)

12th Annual Industrial…

12th Annual Industrial Conference will be held in New York on March 3.

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AEIS Advanced Energy
$60.14 /

-0.13 (-0.22%)

02/19/20 Susquehanna
Advanced Energy price target raised to $90 from $80 at Susquehanna
02/19/20 Citi
Advanced Energy price target raised to $87 from $78 at Citi
12/05/19 Needham
Advanced Energy initiated with a Buy at Needham
11/13/19 DA Davidson
Advanced Energy price target raised to $80 from $68 at DA Davidson
CMI Cummins
$155.67 /

+1.1 (+0.71%)

02/13/20
Fly Intel: Top five analyst upgrades
02/13/20 Goldman Sachs
Cummins upgraded to Buy from Neutral at Goldman Sachs
02/06/20
Fly Intel: Top five analyst upgrades
02/06/20 UBS
Cummins upgraded to Neutral from Sell at UBS
GTES Gates Industrial
$10.79 /

+0.165 (+1.55%)

01/13/20 Goldman Sachs
Gates Industrial price target raised to $16 from $14 at Goldman Sachs
10/10/19 UBS
Gates Industrial downgraded to Neutral from Buy at UBS
10/09/19
Gates Industrial downgraded to Sector Perform from Outperform at RBC Capital
10/09/19 RBC Capital
Gates Industrial downgraded to Sector Perform from Outperform at RBC Capital
TKR Timken
$45.22 /

+0.42 (+0.94%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
09/26/19
Fly Intel: Top five analyst downgrades
URI United Rentals
$135.58 /

+5.94 (+4.58%)

01/13/20 Goldman Sachs
United Rentals price target raised to $200 from $180 at Goldman Sachs
12/11/19 Citi
United Rentals price target raised to $180 from $160 at Citi
11/11/19 Buckingham
United Rentals price target raised to $180 from $170 at Buckingham
11/08/19 Goldman Sachs
United Rentals upgraded to Conviction Buy from Buy at Goldman Sachs
Conference/Events
Gabelli to hold a symposium » 08:06
02/27/20
02/27
08:06
02/27/20
08:06
AME

Ametek

$91.08 /

-0.64 (-0.70%)

, BMI

Badger Meter

$65.47 /

+0.51 (+0.79%)

, CR

Crane

$74.85 /

-2.39 (-3.09%)

, FLC

F & C Claymore Total Return Fund

$21.96 /

+0.13 (+0.60%)

, FLS

Flowserve

$41.56 /

-0.19 (-0.46%)

, GDI

Gardner Denver

$35.79 /

+0.1 (+0.28%)

, GGG

Graco

$53.68 /

+0.145 (+0.27%)

, GRC

Gorman-Rupp

$33.23 /

-0.645 (-1.90%)

, IEX

Idex Corp.

$159.46 /

-3.36 (-2.06%)

, ITT

ITT

$61.86 /

-0.995 (-1.58%)

, LAND

Gladstone Land

$14.19 /

+0.34 (+2.45%)

, MWA

Mueller Water

$11.84 /

-0.01 (-0.08%)

, NPO

EnPro

$56.86 /

-3.485 (-5.78%)

, RXN

Rexnord

$31.51 /

-0.725 (-2.25%)

, TKR

Timken

$46.23 /

-0.695 (-1.48%)

, WTS

Watts Water

$97.81 /

-0.985 (-1.00%)

, XYL

Xylem

$83.98 /

+0.16 (+0.19%)

30th Annual Pump, Valve…

30th Annual Pump, Valve & Water Systems Symposium will be held in New York on February 27.

ShowHide Related Items >><<
AME Ametek
$91.08 /

-0.64 (-0.70%)

01/16/20 Baird
Baird sees limited upside for Ametek, downgrades to Neutral
01/16/20 Baird
Ametek downgraded to Neutral from Outperform at Baird
01/13/20 Cowen
Cowen cuts Ametek, shares exceed price objective
01/13/20 Cowen
Ametek downgraded to Market Perform from Outperform at Cowen
BMI Badger Meter
$65.47 /

+0.51 (+0.79%)

01/02/20 Canaccord
Badger Meter downgraded to Sell at Canaccord
01/02/20 Canaccord
Badger Meter downgraded to Sell from Hold at Canaccord
CR Crane
$74.85 /

-2.39 (-3.09%)

01/29/20 Buckingham
Crane upgraded to Buy from Neutral at Buckingham
12/30/19 Stifel
Stifel sees Crane's acquisition of Circor business accretive in 2020
10/30/19 Buckingham
Crane downgraded to Neutral from Buy at Buckingham
10/30/19 Canaccord
Crane downgraded to Hold at Canaccord
FLC F & C Claymore Total Return Fund
$21.96 /

+0.13 (+0.60%)

FLS Flowserve
$41.56 /

-0.19 (-0.46%)

01/08/20 Vertical Research
Flowserve upgraded to Buy from Hold at Vertical Research
12/17/19 BofA
Flowserve downgraded to Underperform from Neutral at BofA/Merrill
12/17/19 BofA
Flowserve downgraded to Underperform from Neutral at BofA/Merrill
11/04/19 BofA
Colfax upgraded to Neutral from Underperform at BofA/Merrill
GDI Gardner Denver
$35.79 /

+0.1 (+0.28%)

12/19/19 Vertical Research
Gardner Denver initiated with a Buy at Vertical Research
12/11/19 Morgan Stanley
Morgan Stanley upgrades U.S. Multi-Industry view to Attractive, ups three stock
12/11/19 Morgan Stanley
Fortive upgraded to Overweight, named a top U.S. EE/MI pick at Morgan Stanley
12/09/19 BTIG
Gardner Denver downgraded to Neutral from Buy at BTIG
GGG Graco
$53.68 /

+0.145 (+0.27%)

01/28/20 DA Davidson
Graco price target raised to $50 from $43 at DA Davidson
04/17/19 KeyBanc
Ametek, ITT among top potential acquirers in industrial space, says KeyBanc
GRC Gorman-Rupp
$33.23 /

-0.645 (-1.90%)

12/17/19 Sidoti
Gorman-Rupp downgraded to Neutral from Buy at Sidoti
IEX Idex Corp.
$159.46 /

-3.36 (-2.06%)

01/30/20 Janney Montgomery Scott
Idex Corp. downgraded to Sell from Neutral at Janney Montgomery Scott
11/07/19
Fly Intel: Top analyst initiations
11/06/19 Rosenblatt
Idex Corp. initiated with a Buy at Rosenblatt
11/06/19 Rosenblatt
Idex Corp. initiated with a Buy at Rosenblatt
ITT ITT
$61.86 /

-0.995 (-1.58%)

02/24/20 DA Davidson
ITT price target raised to $85 from $80 at DA Davidson
01/07/20 Oppenheimer
ITT price target raised to $82 from $74 at Oppenheimer
12/17/19 BofA
ITT downgraded to Neutral as growth story likely priced in, says BofA/Merrill
12/17/19 BofA
ITT downgraded to Neutral from Buy at BofA/Merrill
LAND Gladstone Land
$14.19 /

+0.34 (+2.45%)

12/20/19 Wedbush
Gladstone Land initiated with a Neutral at Wedbush
11/26/19 B. Riley Securities
B. Riley FBR starts Gladstone Land with Buy, $13.50 price target
11/26/19 B. Riley Securities
Gladstone Land initiated with a Buy at B. Riley FBR
10/07/19
Fly Intel: Top five analyst initiations
MWA Mueller Water
$11.84 /

-0.01 (-0.08%)

01/22/20 Nomura
Interface named top Building pick into Q4 earnings at Nomura Instinet
01/14/20 RBC Capital
Mueller Water downgraded to Sector Perform from Outperform at RBC Capital
01/14/20 RBC Capital
Mueller Water downgraded to Sector Perform from Outperform at RBC Capital
08/06/19 Boenning & Scattergood
Mueller Water upgraded to Outperform from Neutral at Boenning & Scattergood
NPO EnPro
$56.86 /

-3.485 (-5.78%)

RXN Rexnord
$31.51 /

-0.725 (-2.25%)

01/29/20 Baird
Rexnord upgraded to Outperform at Baird
01/29/20 Baird
Rexnord upgraded to Outperform from Neutral at Baird
01/22/20 BofA
General Electric among Boeing suppliers at risk due to 737 MAX delay, says BofA
12/17/19
BofA ups Eaton, Parker-Hannifin, Colfax, Rexnord in Multi-Industry shuffle
TKR Timken
$46.23 /

-0.695 (-1.48%)

01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
01/07/20 BofA
BofA double upgrades Timken to Buy, sees potential upside to $68
01/07/20 BofA
Timken upgraded to Buy from Underperform at BofA
09/26/19
Fly Intel: Top five analyst downgrades
WTS Watts Water
$97.81 /

-0.985 (-1.00%)

02/11/20 Boenning & Scattergood
Watts Water upgraded to Outperform from Neutral at Boenning & Scattergood
02/07/20 Seaport Global
Seaport Global downgrades Watts Water to Neutral on Xylem read-through
02/07/20 Seaport Global
Watts Water downgraded to Neutral from Buy at Seaport Global
07/02/19 Janney Montgomery Scott
Watts Water downgraded to Neutral from Buy at Janney Montgomery Scott
XYL Xylem
$83.98 /

+0.16 (+0.19%)

02/14/20
Fly Intel: Top five analyst initiations
02/14/20 Rosenblatt
Xylem initiated with a Neutral at Rosenblatt
02/06/20 Janney Montgomery Scott
Xylem downgraded to Neutral from Buy at Janney Montgomery Scott

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