Brandywine Global Investment Management LLC Makes New $2 Million Investment in Titan Machinery Inc. $TITN

Brandywine Global Investment Management LLC acquired a new stake in Titan Machinery Inc. (NASDAQ:TITN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 100,930 shares of the company’s stock, valued at approximately $1,999,000. Brandywine Global Investment Management LLC owned approximately 0.44% of Titan Machinery at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of TITN. New York State Common Retirement Fund increased its holdings in Titan Machinery by 42.8% in the first quarter. New York State Common Retirement Fund now owns 4,674 shares of the company’s stock valued at $80,000 after buying an additional 1,400 shares during the last quarter. State of Wyoming purchased a new stake in Titan Machinery during the 1st quarter worth about $109,000. Inspire Advisors LLC acquired a new position in shares of Titan Machinery during the 2nd quarter worth about $318,000. EntryPoint Capital LLC purchased a new position in shares of Titan Machinery in the 1st quarter valued at about $339,000. Finally, Strs Ohio purchased a new position in shares of Titan Machinery in the 1st quarter valued at about $365,000. 78.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on TITN shares. Wall Street Zen downgraded Titan Machinery from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Weiss Ratings reissued a “sell (d)” rating on shares of Titan Machinery in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.25.

Titan Machinery Stock Up 4.4%

Shares of NASDAQ TITN opened at $16.45 on Tuesday. The business has a 50-day moving average price of $16.38 and a 200 day moving average price of $18.64. The stock has a market cap of $384.49 million, a PE ratio of -6.09 and a beta of 1.33. The company has a quick ratio of 0.18, a current ratio of 1.31 and a debt-to-equity ratio of 0.32. Titan Machinery Inc. has a 52-week low of $12.50 and a 52-week high of $23.41.

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

About Titan Machinery

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.