Stephens Investment Management Group LLC Invests $7.61 Million in Titan Machinery Inc. $TITN

Stephens Investment Management Group LLC purchased a new position in shares of Titan Machinery Inc. (NASDAQ:TITN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 383,943 shares of the company’s stock, valued at approximately $7,606,000. Stephens Investment Management Group LLC owned approximately 1.66% of Titan Machinery as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. SummerHaven Investment Management LLC boosted its position in shares of Titan Machinery by 1.7% during the second quarter. SummerHaven Investment Management LLC now owns 52,127 shares of the company’s stock worth $1,033,000 after purchasing an additional 872 shares in the last quarter. Strs Ohio bought a new stake in Titan Machinery in the 1st quarter valued at $365,000. Caxton Associates LLP bought a new stake in Titan Machinery in the 1st quarter valued at $461,000. Dynamic Technology Lab Private Ltd bought a new stake in Titan Machinery in the 1st quarter valued at $379,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Titan Machinery by 109.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,108 shares of the company’s stock valued at $30,964,000 after acquiring an additional 948,707 shares in the last quarter. 78.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on TITN shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Titan Machinery in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Titan Machinery from a “sell” rating to a “hold” rating in a research report on Friday, September 26th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Titan Machinery has an average rating of “Moderate Buy” and an average price target of $22.25.

Titan Machinery Trading Down 2.0%

Shares of NASDAQ:TITN opened at $15.42 on Thursday. The company’s 50-day moving average price is $18.22 and its two-hundred day moving average price is $18.66. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.31 and a quick ratio of 0.18. Titan Machinery Inc. has a one year low of $12.50 and a one year high of $23.41. The stock has a market capitalization of $360.37 million, a PE ratio of -5.71 and a beta of 1.27.

Titan Machinery (NASDAQ:TITN) last released its quarterly earnings data on Thursday, August 28th. The company reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.56) by $0.30. The company had revenue of $546.43 million for the quarter, compared to analyst estimates of $503.80 million. Titan Machinery had a negative net margin of 2.37% and a negative return on equity of 9.99%. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Titan Machinery Company Profile

Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.