First Eagle Investment Management LLC Purchases 115,087 Shares of Titan International, Inc. $TWI

First Eagle Investment Management LLC lifted its holdings in shares of Titan International, Inc. (NYSE:TWI) by 22.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 620,251 shares of the industrial products company’s stock after purchasing an additional 115,087 shares during the quarter. First Eagle Investment Management LLC’s holdings in Titan International were worth $6,370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TWI. 1060 Capital LLC bought a new position in shares of Titan International during the first quarter valued at $4,536,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Titan International by 60.9% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,636 shares of the industrial products company’s stock worth $140,000 after purchasing an additional 6,297 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Titan International by 38.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 685,446 shares of the industrial products company’s stock valued at $5,751,000 after purchasing an additional 191,035 shares during the last quarter. Sigma Planning Corp acquired a new position in Titan International in the first quarter valued at about $101,000. Finally, Principal Financial Group Inc. boosted its position in 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 buying an additional 6,274 shares in the last quarter. Institutional investors own 80.39% of the company’s stock.

Wall Street Analyst Weigh In

TWI has been the topic of several recent analyst reports. Wall Street Zen raised Titan International from a “sell” rating to a “hold” rating in a report on Saturday. DA Davidson lifted their price objective on Titan International from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Titan International in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Titan International currently has an average rating of “Moderate Buy” and a consensus price target of $11.33.

Titan International Stock Up 1.2%

NYSE:TWI opened at $7.80 on Friday. 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, Inc. has a 12-month low of $5.93 and a 12-month high of $10.94. The stock’s fifty day simple moving average is $7.97 and its 200-day simple moving average is $8.36. The firm has a market capitalization of $498.64 million, a P/E ratio of -25.17 and a beta of 1.91.

Titan International (NYSE:TWI) last issued its quarterly earnings data on Thursday, November 6th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.07. Titan International had a negative net margin of 1.24% and a negative return on equity of 1.62%. The firm had revenue of $466.47 million during the quarter, compared to analysts’ expectations of $458.74 million. Titan International has set its Q4 2025 guidance at EPS. Equities research analysts expect that Titan International, Inc. will post 0.03 earnings per share for the current year.

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.