1060 Capital LLC Takes Position in Titan International, Inc. $TWI

Key Points

• 1060 Capital LLC acquired a new stake in Titan International, purchasing 540,649 shares valued at approximately $4.5 million, making Titan about 10.3% of their holdings.
• The company's recent earnings report showed a loss of ($0.02) EPS, missing expectations and revealing a negative net margin and return on equity.
• Analysts have a consensus "Buy" rating for Titan International, with a target price of $11.33, highlighting positive expectations amidst recent market performance.

1060 Capital LLC acquired a new stake in shares of Titan International, Inc. (NYSE:TWI - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 540,649 shares of the industrial products company's stock, valued at approximately $4,536,000. Titan International makes up approximately 10.3% of 1060 Capital LLC's holdings, making the stock its 6th biggest position. 1060 Capital LLC owned 0.85% of Titan International at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in TWI. Brooklyn Investment Group raised its position in shares of Titan International by 1,286.4% during the 1st quarter. Brooklyn Investment Group now owns 5,934 shares of the industrial products company's stock valued at $50,000 after buying an additional 5,506 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Titan International during the 4th quarter valued at $74,000. First Trust Advisors LP purchased a new stake in shares of Titan International during the 4th quarter valued at $74,000. Sigma Planning Corp purchased a new stake in shares of Titan International during the 1st quarter valued at $101,000. Finally, ProShare Advisors LLC raised its position in shares of Titan International by 45.2% during the 4th quarter. ProShare Advisors LLC now owns 15,098 shares of the industrial products company's stock valued at $103,000 after buying an additional 4,702 shares in the last quarter. Hedge funds and other institutional investors own 80.39% of the company's stock.

Titan International Price Performance

TWI stock opened at $8.86 on Tuesday. The firm's 50-day moving average price is $9.20 and its two-hundred day moving average price is $8.36. Titan International, Inc. has a 12-month low of $5.93 and a 12-month high of $10.94. The stock has a market capitalization of $566.22 million, a price-to-earnings ratio of -28.58 and a beta of 1.85. The company has a current ratio of 2.35, a quick ratio of 1.27 and a debt-to-equity ratio of 0.98.

Titan International (NYSE:TWI - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). Titan International had a negative net margin of 1.24% and a negative return on equity of 1.62%. The firm had revenue of $460.83 million during the quarter, compared to analysts' expectations of $483.84 million. Titan International has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Titan International, Inc. will post 0.03 earnings per share for the current year.

Insider Activity

In other news, Director Richard M. Cashin, Jr. sold 212,398 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $10.34, for a total value of $2,196,195.32. Following the transaction, the director owned 176,461 shares in the company, valued at approximately $1,824,606.74. This represents a 54.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Anthony Eheli sold 25,000 shares of the company's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $9.24, for a total transaction of $231,000.00. Following the completion of the transaction, the chief accounting officer owned 45,276 shares in the company, valued at approximately $418,350.24. This represents a 35.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold 301,348 shares of company stock valued at $3,086,520 over the last 90 days. 32.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on TWI shares. Noble Financial started coverage on shares of Titan International in a research report on Wednesday, June 4th. They issued an "outperform" rating and a $11.00 target price on the stock. DA Davidson lifted their target price on shares of Titan International from $10.00 to $12.00 and gave the stock a "buy" rating in a research report on Tuesday, July 22nd. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Titan International presently has a consensus rating of "Buy" and a consensus price target of $11.33.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.

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