Timken (NYSE:TKR) Releases FY 2026 Earnings Guidance

Timken (NYSE:TKR) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 6.050-6.350 for the period, compared to the consensus estimate of 6.140. The company issued revenue guidance of $4.8 billion-$4.8 billion, compared to the consensus revenue estimate of $4.8 billion.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Evercore reiterated an “outperform” rating and set a $158.00 price target on shares of Timken in a research report on Monday, May 11th. The Goldman Sachs Group upped their price objective on Timken from $128.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Citigroup raised their price objective on shares of Timken from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Timken in a report on Friday, July 17th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Timken from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $150.00.

Timken Price Performance

Shares of Timken stock opened at $131.98 on Thursday. The company has a quick ratio of 1.55, a current ratio of 3.10 and a debt-to-equity ratio of 0.61. Timken has a twelve month low of $70.57 and a twelve month high of $146.37. The business has a 50-day moving average price of $137.60 and a 200 day moving average price of $116.60. The firm has a market cap of $9.17 billion, a PE ratio of 35.90, a P/E/G ratio of 1.57 and a beta of 1.21.

Timken (NYSE:TKR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.21. Timken had a return on equity of 12.63% and a net margin of 5.43%.The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the business posted $1.12 earnings per share. Timken’s revenue for the quarter was up 7.5% on a year-over-year basis. Timken has set its FY 2026 guidance at 6.050-6.350 EPS. Sell-side analysts predict that Timken will post 6.19 earnings per share for the current fiscal year.

Timken Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 18th. Timken’s dividend payout ratio is presently 39.02%.

Insider Activity

In other Timken news, Director John M. Timken, Jr. sold 15,000 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $116.51, for a total transaction of $1,747,650.00. Following the completion of the transaction, the director directly owned 264,744 shares in the company, valued at approximately $30,845,323.44. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Richard G. Kyle sold 37,181 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $117.34, for a total transaction of $4,362,818.54. Following the transaction, the director directly owned 206,455 shares in the company, valued at approximately $24,225,429.70. The trade was a 15.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 69,079 shares of company stock worth $8,296,144 in the last quarter. Corporate insiders own 8.10% of the company’s stock.

Institutional Investors Weigh In On Timken

Several institutional investors have recently bought and sold shares of TKR. Kestra Investment Management LLC purchased a new position in shares of Timken in the second quarter valued at approximately $42,000. Danske Bank A S purchased a new stake in shares of Timken during the third quarter worth approximately $45,000. EverSource Wealth Advisors LLC increased its position in shares of Timken by 1,954.3% during the second quarter. EverSource Wealth Advisors LLC now owns 719 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 684 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Timken by 379.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 877 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 694 shares during the last quarter. Finally, Group One Trading LLC purchased a new position in Timken in the 4th quarter valued at $94,000. 89.08% of the stock is currently owned by institutional investors and hedge funds.

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.