Brandywine Global Investment Management LLC Takes $1.93 Million Position in Titan International, Inc. $TWI

Key Points

• Brandywine Global Investment Management LLC has purchased a new stake of 230,000 shares in Titan International, Inc., valued at approximately $1.93 million, representing 0.36% ownership as of the latest SEC filing.
• Wall Street analysts have provided mixed views on Titan International, with DA Davidson upgrading the stock to a "buy" rating and raising the price target from $10.00 to $12.00.
• Titan International reported a quarterly earnings loss of ($0.02) EPS, falling short of analysts’ expectations, alongside a revenue of $460.83 million compared to anticipated $483.84 million.

Brandywine Global Investment Management LLC purchased a new stake in Titan International, Inc. (NYSE:TWI - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 230,000 shares of the industrial products company's stock, valued at approximately $1,930,000. Brandywine Global Investment Management LLC owned 0.36% of Titan International at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Public Sector Pension Investment Board raised its position in shares of Titan International by 27.3% in the 1st quarter. Public Sector Pension Investment Board now owns 152,181 shares of the industrial products company's stock valued at $1,277,000 after acquiring an additional 32,643 shares during the period. Nuveen LLC acquired a new stake in shares of Titan International in the 1st quarter valued at approximately $1,297,000. Donald Smith & CO. Inc. raised its position in shares of Titan International by 51.6% in the 1st quarter. Donald Smith & CO. Inc. now owns 759,486 shares of the industrial products company's stock valued at $6,372,000 after acquiring an additional 258,581 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Titan International in the 1st quarter valued at approximately $281,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Titan International by 38.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 685,446 shares of the industrial products company's stock valued at $5,751,000 after acquiring an additional 191,035 shares during the period. 80.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Noble Financial assumed coverage on shares of Titan International in a research report on Wednesday, June 4th. They issued an "outperform" rating and a $11.00 price target on the stock. Wall Street Zen upgraded shares of Titan International from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Finally, DA Davidson increased their price target on shares of Titan International from $10.00 to $12.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $11.33.

Titan International Stock Up 7.8%

Shares of TWI traded up $0.6650 during mid-day trading on Friday, hitting $9.1950. 573,116 shares of the company's stock were exchanged, compared to its average volume of 493,137. The company has a market cap of $587.56 million, a PE ratio of -29.66 and a beta of 2.05. Titan International, Inc. has a 52 week low of $5.93 and a 52 week high of $10.94. The company has a 50-day simple moving average of $9.32 and a 200 day simple moving average of $8.37. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.35 and a quick ratio of 1.27.

Titan International (NYSE:TWI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The business had revenue of $460.83 million for the quarter, compared to the consensus estimate of $483.84 million. Titan International had a negative return on equity of 1.62% and a negative net margin of 1.24%. Titan International has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Titan International, Inc. will post 0.03 earnings per share for the current fiscal year.

Insider Activity at Titan International

In other news, Director Richard M. Cashin, Jr. sold 212,398 shares of the firm'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 transaction of $2,196,195.32. Following the completion of the transaction, the director directly owned 176,461 shares of the company's stock, valued at $1,824,606.74. This trade represents a 54.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anthony Eheli sold 25,000 shares of the firm'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 transaction, the chief accounting officer directly owned 45,276 shares of the company's stock, valued at $418,350.24. This represents a 35.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 301,348 shares of company stock valued at $3,086,520 over the last ninety days. Company insiders own 32.50% of the company's stock.

About Titan International

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.