Titan International, Inc. $TWI Shares Bought by Public Sector Pension Investment Board

Key Points

• The Public Sector Pension Investment Board increased its position in Titan International, Inc. by 27.3% during the 1st quarter, now owning approximately $1.28 million worth of shares.
• Titan International's stock has received an average consensus rating of "Buy" from analysts, with a current target price of $11.33 following multiple upgrades.
• Insider transactions revealed significant sales, with the CAO and a director reducing their share holdings by 35.57% and 54.62% respectively, amid a backdrop of 301,348 shares sold in the last quarter.

Public Sector Pension Investment Board increased its holdings in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 27.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 152,181 shares of the industrial products company's stock after buying an additional 32,643 shares during the quarter. Public Sector Pension Investment Board owned about 0.24% of Titan International worth $1,277,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Balyasny Asset Management L.P. purchased a new position in shares of Titan International in the 4th quarter worth about $74,000. First Trust Advisors LP purchased a new position in shares of Titan International in the 4th quarter worth about $74,000. Sigma Planning Corp purchased a new position in shares of Titan International in the 1st quarter worth about $101,000. GAMMA Investing LLC raised its holdings in shares of Titan International by 130.5% in the 1st quarter. GAMMA Investing LLC now owns 12,518 shares of the industrial products company's stock worth $105,000 after purchasing an additional 7,087 shares during the period. Finally, 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. 80.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TWI shares. Noble Financial started coverage on Titan International in a report on Wednesday, June 4th. They issued an "outperform" rating and a $11.00 price objective on the stock. DA Davidson raised their price objective on Titan International from $10.00 to $12.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Finally, Wall Street Zen upgraded 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, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $11.33.

Titan International Stock Up 1.3%

TWI stock traded up $0.12 during midday trading on Wednesday, hitting $9.11. 284,004 shares of the company's stock were exchanged, compared to its average volume of 479,983. 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, Inc. has a 12-month low of $5.93 and a 12-month high of $10.94. The firm has a 50 day moving average price of $9.33 and a 200-day moving average price of $8.38. The stock has a market capitalization of $581.81 million, a price-to-earnings ratio of -29.37 and a beta of 2.05.

Titan International (NYSE:TWI - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported ($0.02) earnings per share (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 business 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. On average, analysts anticipate that Titan International, Inc. will post 0.03 EPS for the current year.

Insider Activity at Titan International

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 stock was sold at an average price of $10.34, for a total transaction of $2,196,195.32. Following the sale, the director directly owned 176,461 shares in the company, valued at $1,824,606.74. The trade was a 54.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anthony Eheli sold 25,000 shares of Titan International stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $9.24, for a total value of $231,000.00. Following the sale, the chief accounting officer owned 45,276 shares in the company, 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 worth $3,086,520 over the last 90 days. 25.00% 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.