DA Davidson Analysts Reduce Earnings Estimates for Timken

The Timken Company (NYSE:TKR - Free Report) - Analysts at DA Davidson dropped their Q2 2025 earnings per share (EPS) estimates for Timken in a research note issued to investors on Tuesday, May 6th. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will post earnings per share of $1.44 for the quarter, down from their prior estimate of $1.56. DA Davidson currently has a "Neutral" rating and a $71.00 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 $5.41 EPS.

Timken (NYSE:TKR - Get Free Report) last issued its earnings results on Wednesday, April 30th. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.43 by ($0.03). Timken had a return on equity of 13.93% and a net margin of 7.71%. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the business posted $1.77 EPS. Timken's quarterly revenue was down 4.2% on a year-over-year basis.

Several other research analysts have also weighed in on TKR. Citigroup boosted their price target on Timken from $70.00 to $75.00 and gave the stock a "buy" rating in a research report on Thursday. The Goldman Sachs Group reduced their target price on Timken from $85.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Oppenheimer reduced their target price on Timken from $90.00 to $88.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Bank of America upgraded Timken from an "underperform" rating to a "neutral" rating and lifted their target price for the stock from $73.00 to $78.00 in a research note on Tuesday, February 4th. Finally, Evercore ISI boosted their price target on Timken from $91.00 to $102.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $80.20.

Timken Stock Up 6.2%

Shares of NYSE:TKR traded up $4.23 during trading on Wednesday, hitting $72.85. 211,991 shares of the company were exchanged, compared to its average volume of 558,960. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 14.59, a P/E/G ratio of 1.51 and a beta of 1.30. Timken has a fifty-two week low of $56.20 and a fifty-two week high of $93.66. The firm has a fifty day moving average price of $67.77 and a two-hundred day moving average price of $73.92. The company has a current ratio of 3.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.69.

Hedge Funds Weigh In On Timken

Several institutional investors and hedge funds have recently bought and sold shares of TKR. Fairway Wealth LLC bought a new position in Timken during the fourth quarter valued at $29,000. Amundi boosted its holdings in shares of Timken by 25.8% in the fourth quarter. Amundi now owns 848 shares of the industrial products company's stock worth $61,000 after acquiring an additional 174 shares during the period. Parvin Asset Management LLC bought a new position in shares of Timken in the fourth quarter worth $66,000. UMB Bank n.a. boosted 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 boosted its holdings in shares of Timken by 282.3% in the first quarter. GAMMA Investing LLC now owns 1,147 shares of the industrial products company's stock worth $82,000 after acquiring an additional 847 shares during the period. 89.08% of the stock is owned by institutional investors.

Timken Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.92%. This is a positive change from Timken's previous quarterly dividend of $0.34. The ex-dividend date is Tuesday, May 13th. Timken's dividend payout ratio is 30.17%.

Timken Company Profile

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.