Stephens Investment Management Group LLC raised its holdings in Titan Machinery Inc. (NASDAQ:TITN – Free Report) by 21.6% during the 1st quarter, Holdings Channel reports. The firm owned 680,469 shares of the company’s stock after buying an additional 120,880 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Titan Machinery were worth $11,377,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in TITN. Quarry LP lifted its holdings in Titan Machinery by 189.8% during the third quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after purchasing an additional 1,006 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Titan Machinery by 352.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock worth $52,000 after buying an additional 2,043 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Titan Machinery by 94.3% during the third quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after acquiring an additional 1,957 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Titan Machinery in the fourth quarter valued at approximately $101,000. Finally, Graham Capital Management L.P. boosted its stake in shares of Titan Machinery by 8.1% in the fourth quarter. Graham Capital Management L.P. now owns 11,640 shares of the company’s stock worth $175,000 after acquiring an additional 869 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on TITN. Robert W. Baird lowered their target price on shares of Titan Machinery from $21.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, March 20th. Wall Street Zen upgraded shares of Titan Machinery from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Titan Machinery in a report on Monday, June 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $17.00.
Titan Machinery Price Performance
Shares of NASDAQ TITN opened at $18.34 on Monday. Titan Machinery Inc. has a 1 year low of $13.21 and a 1 year high of $25.00. The company has a market capitalization of $427.32 million, a P/E ratio of -7.80 and a beta of 1.38. The company has a 50 day simple moving average of $20.73 and a 200-day simple moving average of $18.58. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 0.22.
Titan Machinery (NASDAQ:TITN – Get Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The company reported ($0.55) earnings per share for the quarter, topping the consensus estimate of ($0.60) by $0.05. Titan Machinery had a negative return on equity of 8.44% and a negative net margin of 2.28%.The company had revenue of $522.38 million during the quarter, compared to analyst estimates of $485.61 million. During the same period in the prior year, the business posted ($0.58) earnings per share. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS. On average, equities research analysts predict that Titan Machinery Inc. will post -1.5 earnings per share for the current year.
About Titan Machinery
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.
Read More
- Five stocks we like better than Titan Machinery
- Visa’s Open USD Push Puts Circle’s Stablecoin Moat Under Pressure
- This Under-the-Radar Industrial Is Quietly Powering AI
- Why Microsoft Looks Like the Best Big Tech Trade for H2 2026
- Strategy’s Bitcoin Pivot Gives Investors a New Reason to Watch Preferred Shares
Want to see what other hedge funds are holding TITN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Titan Machinery Inc. (NASDAQ:TITN – Free Report).
Receive News & Ratings for Titan Machinery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Titan Machinery and related companies with MarketBeat.com's FREE daily email newsletter.
