DA Davidson Comments on Timken’s Q2 Earnings (NYSE:TKR)

The Timken Company (NYSE:TKR) – DA Davidson dropped their Q2 2025 EPS estimates for Timken in a report released on Tuesday, May 6th. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will post earnings of $1.44 per share for the quarter, down from their previous forecast 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) last announced its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company posted $1.77 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year.

A number of other equities research analysts also recently issued reports on TKR. The Goldman Sachs Group reduced their price objective on shares of Timken from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Jefferies Financial Group reaffirmed a “hold” rating and set a $70.00 price target (down from $90.00) on shares of Timken in a research report on Wednesday, April 2nd. Morgan Stanley cut their price objective on Timken from $94.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Evercore ISI raised their target price on Timken from $91.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, February 19th. Finally, Citigroup cut their price target on shares of Timken from $95.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Timken currently has a consensus rating of “Hold” and an average target price of $79.70.

Timken Stock Performance

Shares of TKR stock opened at $66.29 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.07 and a quick ratio of 1.61. The firm has a 50-day moving average of $68.37 and a 200-day moving average of $74.35. Timken has a one year low of $56.20 and a one year high of $93.66. The company has a market cap of $4.64 billion, a P/E ratio of 13.28, a P/E/G ratio of 1.51 and a beta of 1.30.

Timken Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be paid a $0.35 dividend. This is a boost from Timken’s previous quarterly dividend of $0.34. This represents a $1.40 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Tuesday, May 13th. Timken’s payout ratio is currently 30.17%.

Insider Buying and Selling at Timken

In other Timken 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 owns 90,541 shares in the company, valued at $7,379,091.50. This represents a 5.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 8.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TKR. Victory Capital Management Inc. increased its holdings in Timken by 108.8% during the 1st quarter. Victory Capital Management Inc. now owns 1,841,828 shares of the industrial products company’s stock worth $132,372,000 after acquiring an additional 959,672 shares during the period. Norges Bank purchased a new position in shares of Timken during the 4th quarter valued at $42,748,000. Millennium Management LLC increased its holdings in shares of Timken by 1,421.1% in the fourth quarter. Millennium Management LLC now owns 458,700 shares of the industrial products company’s stock worth $32,737,000 after purchasing an additional 428,545 shares during the period. American Century Companies Inc. raised its position in shares of Timken by 11.3% in the fourth quarter. American Century Companies Inc. now owns 3,158,690 shares of the industrial products company’s stock worth $225,436,000 after buying an additional 320,354 shares in the last quarter. Finally, Cooke & Bieler LP bought a new stake in Timken during the first quarter valued at $18,041,000. Hedge funds and other institutional investors own 89.08% of the company’s stock.

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.