EVR Research LP Raises Stock Position in Titan Machinery Inc. $TITN

EVR Research LP raised its stake in Titan Machinery Inc. (NASDAQ:TITNFree Report) by 86.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 465,000 shares of the company’s stock after buying an additional 215,000 shares during the period. Titan Machinery comprises about 3.8% of EVR Research LP’s investment portfolio, making the stock its 10th biggest position. EVR Research LP owned 1.99% of Titan Machinery worth $6,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in TITN. Teton Advisors LLC bought a new position in shares of Titan Machinery during the 3rd quarter valued at $1,440,000. Royce & Associates LP grew its holdings in shares of Titan Machinery by 12.8% during the 3rd quarter. Royce & Associates LP now owns 626,067 shares of the company’s stock valued at $10,480,000 after purchasing an additional 70,992 shares during the last quarter. Stephens Investment Management Group LLC grew its holdings in shares of Titan Machinery by 30.0% during the 4th quarter. Stephens Investment Management Group LLC now owns 559,589 shares of the company’s stock valued at $8,416,000 after purchasing an additional 129,215 shares during the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in shares of Titan Machinery by 16.2% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 419,450 shares of the company’s stock valued at $7,022,000 after purchasing an additional 58,510 shares during the last quarter. Finally, R Squared Ltd grew its holdings in shares of Titan Machinery by 45.1% during the 4th quarter. R Squared Ltd now owns 19,894 shares of the company’s stock valued at $299,000 after purchasing an additional 6,185 shares during the last quarter. Institutional investors own 78.38% of the company’s stock.

Key Headlines Impacting Titan Machinery

Here are the key news stories impacting Titan Machinery this week:

  • Positive Sentiment: Northland slightly raised its Q3 2027 EPS estimate to $0.02 from $0.01, suggesting a modestly better near-term outlook for that quarter.
  • Neutral Sentiment: The analyst also issued a series of longer-term estimates for 2028-2031, providing fresh visibility but no clear catalyst on its own.
  • Negative Sentiment: Northland lowered its Q2 2027 EPS estimate to $(0.41) from $(0.33), indicating expectations for a deeper loss in that period.
  • Negative Sentiment: The firm cut its Q4 2027 EPS estimate to $(0.73) from $(0.66), reinforcing concerns about profitability later in fiscal 2027.
  • Negative Sentiment: Longer-term forecasts were also reduced, including FY2028 to $(0.81), FY2029 to $(0.52), FY2030 to $(0.33), and FY2031 to $(0.26), which may weigh on investor sentiment.

Titan Machinery Trading Down 0.8%

Shares of TITN opened at $19.41 on Thursday. The stock has a market capitalization of $452.25 million, a P/E ratio of -8.26 and a beta of 1.38. The company has a quick ratio of 0.22, a current ratio of 1.38 and a debt-to-equity ratio of 0.34. The firm has a fifty day simple moving average of $20.56 and a two-hundred day simple moving average of $18.25. Titan Machinery Inc. has a twelve month low of $13.21 and a twelve month high of $25.00.

Titan Machinery (NASDAQ:TITNGet Free Report) last announced its quarterly earnings results on Tuesday, June 9th. The company reported ($0.55) earnings per share for the quarter, beating the consensus estimate of ($0.60) by $0.05. The business had revenue of $522.38 million during the quarter, compared to analysts’ expectations of $485.61 million. Titan Machinery had a negative net margin of 2.28% and a negative return on equity of 8.44%. During the same quarter in the prior year, the company posted ($0.58) EPS. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS. On average, research analysts anticipate that Titan Machinery Inc. will post -1.5 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on TITN. Wall Street Zen raised shares of Titan Machinery from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Robert W. Baird reduced their target price on shares of Titan Machinery from $21.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, March 20th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $17.00.

View Our Latest Stock Report on Titan Machinery

About Titan Machinery

(Free Report)

Titan Machinery, Inc is a leading full-service dealer specializing in the sale, rental, and servicing of agricultural and construction equipment. The company represents major brands such as Caterpillar, Case IH and New Holland, offering new and pre-owned tractors, combines, excavators, loaders and other heavy machinery. In addition to equipment sales, Titan provides parts distribution, preventative maintenance and field service support to help customers maximize uptime and productivity.

Beyond equipment transactions, Titan Machinery offers a comprehensive suite of support services.

Further Reading

Institutional Ownership by Quarter for Titan Machinery (NASDAQ:TITN)

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