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StockNews.com downgraded shares of Timken (NYSE:TKR – Get Rating) from a strong-buy rating to a buy rating in a research report sent to investors on Wednesday morning. Several other analysts also recently commented on TKR. Oppenheimer increased their price objective on shares of Timken from $88.00 to $90.00 and gave the company an outperform rating […]
Handelsbanken Fonder AB reduced its holdings in The Timken Company (NYSE:TKR – Get Rating) by 51.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,500 shares of the industrial products company’s stock after selling 5,800 shares during the period. Handelsbanken Fonder AB’s holdings in Timken were worth $389,000 as of its most recent […]
Premier Fund Managers Ltd acquired a new stake in shares of The Timken Company (NYSE:TKR – Get Rating) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 346,755 shares of the industrial products company’s stock, valued at approximately $9,447,000. Premier Fund Managers Ltd […]
Timken (NYSE:TKR – Get Rating) updated its FY 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $7.00-$7.50 for the period, compared to the consensus estimate of $7.02. The company issued revenue guidance of $4.92 billion-$4.92 billion, compared to the consensus revenue estimate of $4.85 billion. Timken also updated its […]
Timken (NYSE:TKR – Get Rating) issued an update on its FY 2023 earnings guidance on Wednesday morning. The company provided EPS guidance of $7.00-$7.50 for the period, compared to the consensus EPS estimate of $7.02. The company issued revenue guidance of $4.92 billion-$4.92 billion, compared to the consensus revenue estimate of $4.85 billion. Timken also […]