Equities Analysts Issue Forecasts for Timken Q1 Earnings

The Timken Company (NYSE:TKR) – Stock analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of Timken in a report issued on Tuesday, January 7th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $1.73 for the quarter, down from their prior forecast of $1.74. The consensus estimate for Timken’s current full-year earnings is $5.61 per share.

A number of other analysts have also weighed in on the company. DA Davidson lowered their target price on Timken from $103.00 to $99.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. KeyCorp restated a “sector weight” rating on shares of Timken in a research report on Friday, November 22nd. Morgan Stanley upgraded shares of Timken from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $82.00 to $93.00 in a research report on Tuesday, December 17th. Jefferies Financial Group raised shares of Timken from a “hold” rating to a “buy” rating and raised their price target for the company from $80.00 to $95.00 in a report on Friday, December 6th. Finally, Evercore ISI raised Timken from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $87.00 to $91.00 in a report on Wednesday, November 13th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Timken currently has a consensus rating of “Moderate Buy” and an average target price of $92.90.

Timken Trading Up 0.3 %

Shares of TKR opened at $73.93 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.62 and a current ratio of 3.00. The company has a market cap of $5.18 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 1.12 and a beta of 1.39. The stock has a fifty day moving average price of $75.01 and a two-hundred day moving average price of $79.99. Timken has a 52-week low of $69.35 and a 52-week high of $94.71.

Timken (NYSE:TKR) last posted its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.15). The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.12 billion. Timken had a return on equity of 14.82% and a net margin of 7.41%. The business’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.55 EPS.

Timken Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Tuesday, November 19th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.84%. Timken’s dividend payout ratio (DPR) is presently 28.27%.

Insider Activity

In related news, Director Richard G. Kyle sold 30,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $76.59, for a total value of $2,297,700.00. Following the completion of the sale, the director now owns 194,485 shares in the company, valued at $14,895,606.15. This represents a 13.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 8.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Timken

Several large investors have recently modified their holdings of TKR. Coastline Trust Co acquired a new position in shares of Timken in the 3rd quarter valued at approximately $29,000. Livelsberger Financial Advisory bought a new position in Timken in the third quarter valued at approximately $32,000. UMB Bank n.a. boosted its holdings in shares of Timken by 64.1% in the third quarter. UMB Bank n.a. now owns 430 shares of the industrial products company’s stock valued at $36,000 after buying an additional 168 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Timken during the second quarter worth $44,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Timken during the third quarter worth $74,000. 89.08% of the stock is currently owned by institutional investors.

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.