Equities Analysts Set Expectations for Timken Q1 Earnings

The Timken Company (NYSE:TKR) – Analysts at DA Davidson cut their Q1 2025 EPS estimates for Timken in a note issued to investors on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will earn $1.38 per share for the quarter, down from their prior estimate of $1.48. DA Davidson currently has a “Neutral” rating and a $66.00 target price on the stock. The consensus estimate for Timken’s current full-year earnings is $5.62 per share. DA Davidson also issued estimates for Timken’s FY2025 earnings at $5.38 EPS and FY2026 earnings at $6.52 EPS.

Timken (NYSE:TKR) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.08. Timken had a return on equity of 13.93% and a net margin of 7.71%.

A number of other equities analysts also recently issued reports on the stock. Evercore ISI increased their price target on shares of Timken from $91.00 to $102.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 19th. Bank of America upgraded Timken from an “underperform” rating to a “neutral” rating and raised their target price for the company from $73.00 to $78.00 in a research note on Tuesday, February 4th. The Goldman Sachs Group reduced their price target on Timken from $85.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Citigroup lowered their price objective on Timken from $95.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Finally, Morgan Stanley reduced their target price on shares of Timken from $94.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $81.91.

Timken Stock Up 2.3 %

Shares of Timken stock opened at $61.60 on Wednesday. The company’s fifty day simple moving average is $71.68 and its two-hundred day simple moving average is $75.69. Timken has a 12-month low of $56.20 and a 12-month high of $94.71. The company has a current ratio of 3.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.69. The company has a market cap of $4.31 billion, a P/E ratio of 12.34, a PEG ratio of 1.51 and a beta of 1.28.

Hedge Funds Weigh In On Timken

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fairway Wealth LLC purchased a new position in shares of Timken during the fourth quarter valued at approximately $29,000. Amundi lifted its holdings in shares of Timken by 25.8% during the 4th quarter. Amundi now owns 848 shares of the industrial products company’s stock valued at $61,000 after buying an additional 174 shares during the period. Parvin Asset Management LLC bought a new position in shares of Timken during the 4th quarter valued at $66,000. UMB Bank n.a. grew its holdings in shares of Timken by 400.0% in the first quarter. UMB Bank n.a. now owns 1,000 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 800 shares during the period. Finally, GAMMA Investing LLC increased its position in Timken by 282.3% during the first quarter. GAMMA Investing LLC now owns 1,147 shares of the industrial products company’s stock valued at $82,000 after acquiring an additional 847 shares during the last quarter. Institutional investors own 89.08% of the company’s stock.

Insider Activity at Timken

In related news, CFO Philip D. Fracassa sold 5,000 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of $81.50, for a total transaction of $407,500.00. Following the sale, the chief financial officer now directly owns 90,541 shares of the company’s stock, valued at $7,379,091.50. This trade represents a 5.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.70% of the stock is owned by insiders.

Timken Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date was Tuesday, February 25th. Timken’s payout ratio is 27.25%.

About Timken

The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings.