Titan International, Inc. $TWI Stock Holdings Increased by Walleye Capital LLC

Key Points

• Walleye Capital LLC increased its stake in Titan International, Inc. by 178.3%, now owning 88,151 shares worth approximately $740,000.
• Multiple institutional investors have also boosted their positions, with hedge funds collectively owning 80.39% of the company’s stock.
• Titan International reported a loss of $0.02 EPS for the last quarter, missing analysts' estimates, and is currently trading at around $8.82 per share.

Walleye Capital LLC lifted its holdings in shares of Titan International, Inc. (NYSE:TWI - Free Report) by 178.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,151 shares of the industrial products company's stock after buying an additional 56,480 shares during the period. Walleye Capital LLC owned about 0.14% of Titan International worth $740,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Titan International by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,628 shares of the industrial products company's stock valued at $194,000 after purchasing an additional 1,216 shares in the last quarter. SummerHaven Investment Management LLC grew its holdings in Titan International by 1.5% during the 1st quarter. SummerHaven Investment Management LLC now owns 108,736 shares of the industrial products company's stock valued at $912,000 after buying an additional 1,628 shares during the last quarter. Hsbc Holdings PLC grew its holdings in Titan International by 25.4% during the 1st quarter. Hsbc Holdings PLC now owns 14,678 shares of the industrial products company's stock valued at $124,000 after buying an additional 2,969 shares during the last quarter. MetLife Investment Management LLC grew its holdings in Titan International by 14.1% during the 4th 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. Finally, Price T Rowe Associates Inc. MD grew its holdings in Titan International by 7.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 58,598 shares of the industrial products company's stock valued at $398,000 after buying an additional 4,124 shares during the last quarter. 80.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Titan International news, Director Richard M. Cashin, Jr. sold 212,398 shares of the firm'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 transaction of $2,196,195.32. Following the completion of the sale, the director owned 176,461 shares in the company, valued at $1,824,606.74. This trade represents a 54.62% decrease in their position. The sale 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 the firm'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 sale, the chief accounting officer owned 45,276 shares of the company's stock, valued at approximately $418,350.24. This trade represents 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 over the last three months. 25.00% of the stock is currently owned by corporate insiders.

Titan International Stock Up 0.4%

NYSE:TWI traded up $0.04 during mid-day trading on Thursday, hitting $8.69. The company had a trading volume of 116,219 shares, compared to its average volume of 648,965. The business has a fifty day simple moving average of $9.30 and a 200-day simple moving average of $8.38. 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 1 year low of $5.93 and a 1 year high of $10.94. The firm has a market capitalization of $554.93 million, a price-to-earnings ratio of -28.00 and a beta of 1.85.

Titan International (NYSE:TWI - Get Free Report) last released 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 net margin of 1.24% and a negative return on equity of 1.62%. 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. Equities analysts forecast that Titan International, Inc. will post 0.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on TWI shares. Noble Financial started coverage on Titan International in a report on Wednesday, June 4th. They set an "outperform" rating and a $11.00 target price on the stock. Wall Street Zen upgraded Titan International from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Finally, 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. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $11.33.

Titan International 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.