Charles Schwab Investment Management Inc. Grows Stock Position in Titan International, Inc. $TWI

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Titan International, Inc. by 38.6%, owning approximately 1.08% of the company after acquiring an additional 191,035 shares.
• Titan International reported a quarterly loss of ($0.02) earnings per share, missing analysts' expectations, with revenues of $460.83 million compared to the forecasted $483.84 million.
• Institutional investors combined currently hold 80.39% of Titan International's stock, indicating strong institutional interest in the company.

Charles Schwab Investment Management Inc. raised its stake in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 38.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 685,446 shares of the industrial products company's stock after purchasing an additional 191,035 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.08% of Titan International worth $5,751,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN boosted its holdings in shares of Titan International by 29.7% in the 4th quarter. Wells Fargo & Company MN now owns 30,042 shares of the industrial products company's stock valued at $204,000 after acquiring an additional 6,878 shares during the last quarter. Mariner LLC lifted its holdings in Titan International by 24.2% during the fourth quarter. Mariner LLC now owns 29,020 shares of the industrial products company's stock valued at $197,000 after purchasing an additional 5,655 shares in the last quarter. Guggenheim Capital LLC purchased a new position in Titan International during the fourth quarter valued at $177,000. First Trust Advisors LP acquired a new stake in shares of Titan International in the fourth quarter valued at about $74,000. Finally, MetLife Investment Management LLC raised its position in shares of Titan International by 14.1% in the fourth quarter. MetLife Investment Management LLC now owns 26,763 shares of the industrial products company's stock valued at $182,000 after buying an additional 3,310 shares during the last quarter. Institutional investors and hedge funds own 80.39% of the company's stock.

Titan International Stock Performance

Shares of Titan International stock traded down $0.14 during trading hours on Monday, hitting $8.82. 377,280 shares of the company were exchanged, compared to its average volume of 417,943. Titan International, Inc. has a 1 year low of $5.93 and a 1 year high of $10.94. The company has a current ratio of 2.35, a quick ratio of 1.27 and a debt-to-equity ratio of 0.98. The business has a 50-day moving average of $9.32 and a 200-day moving average of $8.37. The stock has a market capitalization of $563.55 million, a price-to-earnings ratio of -28.45 and a beta of 1.85.

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Noble Financial began 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 for the company. DA Davidson boosted their price target on shares of Titan International from $10.00 to $12.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen upgraded shares of Titan International from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $11.33.

Insiders Place Their Bets

In related news, Director Richard M. Cashin, Jr. sold 212,398 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $10.34, for a total transaction of $2,196,195.32. Following the transaction, the director owned 176,461 shares of the company's stock, valued at $1,824,606.74. This represents a 54.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Anthony Eheli sold 25,000 shares of the company's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $9.24, for a total value of $231,000.00. Following the completion of the sale, the chief accounting officer directly owned 45,276 shares in the company, valued at $418,350.24. This trade represents a 35.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 301,348 shares of company stock worth $3,086,520 in the last ninety days. 25.00% of the stock is currently owned by corporate insiders.

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.