Boston Partners Takes Position in Titan Machinery Inc. $TITN

Boston Partners acquired a new position in shares of Titan Machinery Inc. (NASDAQ:TITNFree Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 25,633 shares of the company’s stock, valued at approximately $508,000. Boston Partners owned 0.11% of Titan Machinery at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TITN. Pullen Investment Management LLC acquired a new position in Titan Machinery during the second quarter worth approximately $668,000. Stephens Investment Management Group LLC purchased a new position in Titan Machinery in the 2nd quarter valued at about $7,606,000. SummerHaven Investment Management LLC grew its stake 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 valued at $1,033,000 after acquiring an additional 872 shares in the last quarter. Strs Ohio purchased a new stake in shares of Titan Machinery during the first quarter worth about $365,000. Finally, Caxton Associates LLP acquired a new position in shares of Titan Machinery in the first quarter worth about $461,000. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Titan Machinery Trading Down 4.6%

NASDAQ:TITN opened at $15.80 on Friday. The company has a quick ratio of 0.18, a current ratio of 1.31 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is $16.92 and its two-hundred day moving average is $18.73. Titan Machinery Inc. has a 52 week low of $12.50 and a 52 week high of $23.41. The company has a market cap of $369.29 million, a PE ratio of -5.85 and a beta of 1.33.

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

Analyst Upgrades and Downgrades

TITN has been the subject of a number of recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Titan Machinery in a research note on Wednesday, October 8th. Wall Street Zen cut Titan Machinery from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.25.

Get Our Latest Analysis on Titan Machinery

Titan Machinery Profile

(Free Report)

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.

Further Reading

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

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