EVR Research LP Makes New Investment in Titan International, Inc. $TWI

Key Points

• EVR Research LP has acquired 1,100,000 shares of Titan International, Inc. (NYSE:TWI), valued at approximately $9.23 million, making it the company's 9th largest investment position.
• Several institutional investors, including Royce & Associates LP and Donald Smith & CO. Inc., significantly increased their stakes in Titan International during the first quarter.
• Titan International reported a deficit of ($0.02) EPS for the latest quarter, missing analyst expectations, and set a Q3 2025 EPS guidance of 0.03.

EVR Research LP purchased a new position in shares of Titan International, Inc. (NYSE:TWI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,100,000 shares of the industrial products company's stock, valued at approximately $9,229,000. Titan International comprises about 2.6% of EVR Research LP's investment portfolio, making the stock its 9th biggest position. EVR Research LP owned about 1.73% of Titan International at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Royce & Associates LP increased its position in shares of Titan International by 1,059.1% during the 1st quarter. Royce & Associates LP now owns 918,114 shares of the industrial products company's stock worth $7,703,000 after purchasing an additional 838,902 shares during the last quarter. Donald Smith & CO. Inc. increased its position in shares of Titan International by 51.6% during the 1st quarter. Donald Smith & CO. Inc. now owns 759,486 shares of the industrial products company's stock worth $6,372,000 after purchasing an additional 258,581 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Titan International by 38.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 685,446 shares of the industrial products company's stock worth $5,751,000 after purchasing an additional 191,035 shares during the last quarter. Northern Trust Corp increased its position in shares of Titan International by 6.9% during the 4th quarter. Northern Trust Corp now owns 542,660 shares of the industrial products company's stock worth $3,685,000 after purchasing an additional 35,159 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of Titan International by 105.6% during the 4th quarter. Jane Street Group LLC now owns 313,415 shares of the industrial products company's stock worth $2,128,000 after purchasing an additional 160,975 shares during the last quarter. Institutional investors and hedge funds own 80.39% of the company's stock.

Titan International Price Performance

Titan International stock opened at $9.00 on Wednesday. Titan International, Inc. has a 12 month low of $5.93 and a 12 month high of $10.94. The stock's 50 day moving average is $9.33 and its 200-day moving average is $8.37. 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 company has a market capitalization of $574.78 million, a price-to-earnings ratio of -29.02 and a beta of 2.05.

Titan International (NYSE:TWI - Get Free Report) last posted its 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 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 analyst estimates of $483.84 million. Titan International has set its Q3 2025 guidance at EPS. Equities research analysts expect that Titan International, Inc. will post 0.03 EPS for the current year.

Insider Activity at Titan International

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 stock was 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 of the company's stock, valued at approximately $1,824,606.74. This represents a 54.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $9.24, for a total value of $231,000.00. Following the completion of the transaction, the chief accounting officer directly owned 45,276 shares in the company, valued at $418,350.24. The trade was a 35.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold 301,348 shares of company stock worth $3,086,520 in the last ninety days. 32.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Noble Financial started coverage on Titan International in a research report on Wednesday, June 4th. They set an "outperform" rating and a $11.00 price target on the stock. Wall Street Zen raised Titan International from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Finally, DA Davidson raised their price objective on Titan International from $10.00 to $12.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. 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.

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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