American Century Companies Inc. Sells 26,373 Shares of Titan International, Inc. $TWI

American Century Companies Inc. decreased its stake in Titan International, Inc. (NYSE:TWI) by 2.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,071,427 shares of the industrial products company’s stock after selling 26,373 shares during the period. American Century Companies Inc. owned about 1.68% of Titan International worth $8,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brandywine Global Investment Management LLC bought a new position in Titan International in the 1st quarter valued at approximately $1,930,000. Public Sector Pension Investment Board lifted its stake in Titan International by 27.3% in the 1st quarter. Public Sector Pension Investment Board now owns 152,181 shares of the industrial products company’s stock valued at $1,277,000 after purchasing an additional 32,643 shares during the last quarter. Nuveen LLC bought a new position in Titan International in the 1st quarter valued at approximately $1,297,000. Donald Smith & CO. Inc. lifted its stake in Titan International by 51.6% in the 1st quarter. Donald Smith & CO. Inc. now owns 759,486 shares of the industrial products company’s stock valued at $6,372,000 after purchasing an additional 258,581 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Titan International in the 1st quarter valued at approximately $281,000. Institutional investors own 80.39% of the company’s stock.

Insider Buying and Selling at Titan International

In other news, CAO Anthony Eheli sold 25,000 shares of the stock in a transaction on Friday, June 20th. The shares were sold at an average price of $9.24, for a total transaction of $231,000.00. Following the completion of the sale, the chief accounting officer directly owned 45,276 shares in the company, valued at $418,350.24. This represents a 35.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard M. Cashin, Jr. sold 212,398 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $10.34, for a total transaction of $2,196,195.32. Following the sale, the director owned 176,461 shares of the company’s stock, valued at approximately $1,824,606.74. This trade represents a 54.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 301,348 shares of company stock valued at $3,086,520. 32.50% of the stock is currently owned by corporate insiders.

Titan International Trading Down 1.8%

Shares of NYSE TWI opened at $9.00 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.27 and a current ratio of 2.35. Titan International, Inc. has a 52-week low of $5.93 and a 52-week high of $10.94. The firm has a 50 day moving average price of $9.33 and a two-hundred day moving average price of $8.37. The stock has a market cap of $574.78 million, a P/E ratio of -29.02 and a beta of 2.05.

Titan International (NYSE:TWI) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Titan International had a negative net margin of 1.24% and a negative return on equity of 1.62%. The business had revenue of $460.83 million during the quarter, compared to analyst estimates of $483.84 million. Titan International has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Titan International, Inc. will post 0.03 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on TWI shares. Noble Financial started coverage on shares of Titan International in a research note on Wednesday, June 4th. They issued an “outperform” rating and a $11.00 price objective for the company. DA Davidson upped their price target on shares of Titan International from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Finally, Wall Street Zen upgraded shares of Titan International from a “sell” rating to a “hold” rating in a research report on Thursday, May 8th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Titan International has an average rating of “Buy” and an average target price of $11.33.

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.