Connor Clark & Lunn Investment Management Ltd. Buys Shares of 33,447 Titan International, Inc. $TWI

Key Points

• Connor Clark & Lunn Investment Management Ltd. has acquired a new stake in Titan International, Inc., purchasing 33,447 shares valued at approximately $281,000, representing about 0.05% of the company.
• Insider trades showed significant selling activity, with Director Richard M. Cashin Jr. selling 212,398 shares and CAO Anthony Eheli selling 25,000 shares, decreasing their holdings by 54.62% and 35.57%, respectively.
• Analysts maintain a consensus "Buy" rating for Titan International with an average target price of $11.33, reflecting positive growth expectations despite recent earnings miss.

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Titan International, Inc. (NYSE:TWI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,447 shares of the industrial products company's stock, valued at approximately $281,000. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.05% of Titan International at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TWI. First Trust Advisors LP acquired a new position in shares of Titan International during the fourth quarter worth $74,000. Balyasny Asset Management L.P. purchased a new stake in Titan International in the 4th quarter valued at $74,000. Sigma Planning Corp bought a new position in shares of Titan International during the 1st quarter worth approximately $101,000. ProShare Advisors LLC raised its holdings in shares of Titan International by 45.2% in the 4th quarter. ProShare Advisors LLC now owns 15,098 shares of the industrial products company's stock worth $103,000 after purchasing an additional 4,702 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Titan International by 130.5% in the first quarter. GAMMA Investing LLC now owns 12,518 shares of the industrial products company's stock valued at $105,000 after acquiring an additional 7,087 shares during the period. 80.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TWI shares. Wall Street Zen raised shares of Titan International from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. DA Davidson upped 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. Finally, 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 target price for the company. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $11.33.

Titan International Trading Down 0.3%

Titan International stock traded down $0.0240 during mid-day trading on Monday, reaching $9.1560. 108,853 shares of the company traded hands, compared to its average volume of 662,062. 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, Inc. has a 52-week low of $5.93 and a 52-week high of $10.94. The firm's 50 day moving average price is $9.32 and its 200 day moving average price is $8.37. The firm has a market capitalization of $585.07 million, a price-to-earnings ratio of -29.63 and a beta of 2.05.

Titan International (NYSE:TWI - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $483.84 million. Titan International has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Titan International, Inc. will post 0.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Titan International news, Director Richard M. Cashin, Jr. sold 212,398 shares of Titan International 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 completion of the sale, the director owned 176,461 shares of the company's stock, valued at approximately $1,824,606.74. The trade was a 54.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anthony Eheli sold 25,000 shares of the stock in a transaction dated Friday, June 20th. The shares were 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 trade represents a 35.57% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 301,348 shares of company stock valued at $3,086,520. 32.50% of the stock is owned by company insiders.

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.