Timken (NYSE:TKR) Issues Earnings Results, Beats Expectations By $0.05 EPS

Timken (NYSE:TKR) posted its earnings results on Wednesday. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.05, Briefing.com reports. Timken had a return on equity of 11.88% and a net margin of 6.54%.Timken’s revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $1.16 EPS. Timken updated its FY 2026 guidance to 5.500-6.000 EPS.

Timken Stock Performance

Shares of Timken stock traded up $3.10 on Wednesday, reaching $99.24. 533,885 shares of the stock were exchanged, compared to its average volume of 713,682. The business has a 50 day moving average price of $88.08 and a two-hundred day moving average price of $80.82. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 23.53, a PEG ratio of 1.85 and a beta of 1.21. Timken has a twelve month low of $56.20 and a twelve month high of $101.43. The company has a quick ratio of 1.71, a current ratio of 3.11 and a debt-to-equity ratio of 0.63.

Timken Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Tuesday, November 25th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, November 25th. Timken’s dividend payout ratio (DPR) is presently 33.10%.

Insiders Place Their Bets

In other Timken news, Director Richard G. Kyle sold 15,837 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $81.03, for a total transaction of $1,283,272.11. Following the completion of the transaction, the director directly owned 266,942 shares of the company’s stock, valued at approximately $21,630,310.26. This trade represents a 5.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 8.37% of the company’s stock.

Institutional Trading of Timken

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bridgefront Capital LLC purchased a new position in shares of Timken during the third quarter worth $368,000. Magnetar Financial LLC acquired a new stake in Timken during the 3rd quarter worth about $392,000. Quadrant Capital Group LLC raised its stake in shares of Timken by 3.2% during the 3rd quarter. Quadrant Capital Group LLC now owns 4,319 shares of the industrial products company’s stock valued at $325,000 after buying an additional 132 shares during the last quarter. Blair William & Co. IL lifted its holdings in shares of Timken by 14.6% in the 3rd quarter. Blair William & Co. IL now owns 4,801 shares of the industrial products company’s stock valued at $361,000 after buying an additional 610 shares during the period. Finally, Tidal Investments LLC boosted its stake in shares of Timken by 8.3% in the second quarter. Tidal Investments LLC now owns 7,403 shares of the industrial products company’s stock worth $537,000 after buying an additional 569 shares during the last quarter. Institutional investors and hedge funds own 89.08% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Oppenheimer raised their target price on shares of Timken from $90.00 to $104.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Citigroup raised their price objective on Timken from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. boosted their target price on Timken from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. DA Davidson increased their price target on Timken from $80.00 to $86.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, Wall Street Zen upgraded Timken from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $86.11.

Timken Company Profile

The Timken Company is a global manufacturer specializing in engineered bearings and mechanical power transmission products. Its core offerings include tapered and cylindrical roller bearings, spherical and plain bearings, mounted bearing units, and precision gear drives. Timken’s products serve a broad range of industries, from industrial machinery and aerospace to automotive, rail, wind energy and heavy equipment.

Beyond bearings, Timken’s portfolio extends to industrial chains, belts, couplings and related components designed to optimize power transmission systems.