Zacks Research Weighs in on Timken’s Q1 Earnings (NYSE:TKR)

The Timken Company (NYSE:TKR) – Investment analysts at Zacks Research lowered their Q1 2027 EPS estimates for shares of Timken in a research note issued on Friday, May 23rd. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $1.69 for the quarter, down from their previous forecast of $1.70. The consensus estimate for Timken’s current full-year earnings is $5.62 per share. Zacks Research also issued estimates for Timken’s FY2027 earnings at $6.45 EPS.

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

Other research analysts have also issued reports about the stock. Oppenheimer decreased their price target on shares of Timken from $90.00 to $88.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. Evercore ISI reduced their target price on shares of Timken from $102.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, May 19th. DA Davidson boosted their target price on shares of Timken from $66.00 to $71.00 and gave the company a “neutral” rating in a research note on Monday, May 5th. Morgan Stanley reduced their target price on shares of Timken from $94.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $70.00 target price (down from $90.00) on shares of Timken in a research note on Wednesday, April 2nd. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $78.50.

Timken Trading Down 1.2%

NYSE TKR opened at $68.48 on Monday. Timken has a one year low of $56.20 and a one year high of $90.49. The company has a 50-day simple moving average of $67.14 and a 200-day simple moving average of $73.22. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.61 and a current ratio of 3.07. The firm has a market capitalization of $4.79 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 1.51 and a beta of 1.30.

Timken Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Tuesday, May 13th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Tuesday, May 13th. This is a positive change from Timken’s previous quarterly dividend of $0.34. Timken’s dividend payout ratio (DPR) is currently 30.17%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Fairway Wealth LLC acquired a new position in shares of Timken during the fourth quarter valued at approximately $29,000. Amundi increased its stake in shares of Timken by 25.8% during the fourth quarter. Amundi now owns 848 shares of the industrial products company’s stock valued at $61,000 after acquiring an additional 174 shares during the period. Parvin Asset Management LLC acquired a new position in shares of Timken during the fourth quarter valued at approximately $66,000. UMB Bank n.a. increased its stake in shares of Timken by 400.0% during the first quarter. UMB Bank n.a. now owns 1,000 shares of the industrial products company’s stock valued at $72,000 after acquiring an additional 800 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of 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 period. Institutional investors and hedge funds own 89.08% of the company’s stock.

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.