Titan International, Inc. $TWI Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. has reduced its stake in Titan International, Inc. by 1.5%, selling 56,422 shares to hold 3,594,169 shares, representing 5.64% of the company valued at $30.15 million.
• Several hedge funds have recently increased their positions in Titan International, with GAMMA Investing LLC growing their holdings by 130.5% in the first quarter.
• Titan International's stock has an average analyst rating of "Buy" with a consensus price target of $11.33, despite missing earnings expectations in the latest quarterly report.

Vanguard Group Inc. cut its stake in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 1.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,594,169 shares of the industrial products company's stock after selling 56,422 shares during the period. Vanguard Group Inc. owned approximately 5.64% of Titan International worth $30,155,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Royce & Associates LP grew its holdings in shares of Titan International by 1,059.1% in the first quarter. Royce & Associates LP now owns 918,114 shares of the industrial products company's stock valued at $7,703,000 after purchasing an additional 838,902 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Titan International by 6.9% in the fourth quarter. Northern Trust Corp now owns 542,660 shares of the industrial products company's stock valued at $3,685,000 after purchasing an additional 35,159 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Titan International by 105.6% in the fourth quarter. Jane Street Group LLC now owns 313,415 shares of the industrial products company's stock valued at $2,128,000 after purchasing an additional 160,975 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Titan International by 2.7% in the first quarter. Principal Financial Group Inc. now owns 239,093 shares of the industrial products company's stock valued at $2,006,000 after purchasing an additional 6,274 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Titan International by 21.7% in the fourth quarter. Bank of America Corp DE now owns 173,404 shares of the industrial products company's stock valued at $1,177,000 after purchasing an additional 30,961 shares in the last quarter. Institutional investors and hedge funds own 80.39% of the company's stock.

Insider Buying and Selling

In other news, CAO Anthony Eheli sold 25,000 shares of the company'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 completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the director 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 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. 25.00% of the stock is owned by insiders.

Titan International Stock Performance

NYSE:TWI traded down $0.14 during mid-day trading on Monday, reaching $8.82. 377,280 shares of the stock were exchanged, compared to its average volume of 417,943. The stock has a market capitalization of $563.55 million, a P/E ratio of -28.45 and a beta of 1.85. Titan International, Inc. has a 1 year low of $5.93 and a 1 year 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 quick ratio of 1.27, a current ratio of 2.35 and a debt-to-equity ratio of 0.98.

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 analysts' consensus estimates of ($0.01) by ($0.01). The business had revenue of $460.83 million for the quarter, compared to analyst estimates 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. Analysts anticipate that Titan International, Inc. will post 0.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on TWI. Noble Financial began coverage on shares of Titan International in a report on Wednesday, June 4th. They set an "outperform" rating and a $11.00 price target for the company. Wall Street Zen upgraded shares of Titan International from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Finally, DA Davidson boosted their price target on shares of Titan International from $10.00 to $12.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Titan International has an average rating of "Buy" and an average target price of $11.33.

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.