Titan Machinery (NASDAQ:TITN) Upgraded by B. Riley to Hold Rating

B. Riley upgraded shares of Titan Machinery (NASDAQ:TITN) to a hold rating in a report published on Wednesday,Zacks.com reports. B. Riley also issued estimates for Titan Machinery’s Q1 2026 earnings at ($0.79) EPS, Q2 2026 earnings at ($0.61) EPS, Q3 2026 earnings at ($0.26) EPS and Q4 2026 earnings at ($0.10) EPS.

Other equities research analysts have also issued research reports about the stock. Baird R W raised shares of Titan Machinery from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Robert W. Baird lowered their price target on shares of Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Friday, March 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $19.80.

Titan Machinery Price Performance

Titan Machinery stock opened at $18.07 on Wednesday. The business’s fifty day moving average is $16.95 and its two-hundred day moving average is $15.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.15 and a current ratio of 1.32. The firm has a market cap of $417.89 million, a P/E ratio of 13.49 and a beta of 1.28. Titan Machinery has a 52 week low of $12.30 and a 52 week high of $24.89.

Insider Transactions at Titan Machinery

In related news, Chairman David Joseph Meyer purchased 3,000 shares of Titan Machinery stock in a transaction dated Monday, March 24th. The shares were acquired at an average cost of $16.86 per share, for a total transaction of $50,580.00. Following the transaction, the chairman now directly owns 138,388 shares of the company’s stock, valued at approximately $2,333,221.68. This trade represents a 2.22 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 10.28% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Titan Machinery

Several hedge funds have recently added to or reduced their stakes in TITN. Systematic Financial Management LP acquired a new position in shares of Titan Machinery during the 3rd quarter worth about $483,000. ArrowMark Colorado Holdings LLC grew its holdings in Titan Machinery by 28.4% during the third quarter. ArrowMark Colorado Holdings LLC now owns 341,832 shares of the company’s stock valued at $4,762,000 after purchasing an additional 75,710 shares during the period. Sanctuary Advisors LLC increased its stake in Titan Machinery by 53.8% in the third quarter. Sanctuary Advisors LLC now owns 25,550 shares of the company’s stock valued at $387,000 after purchasing an additional 8,942 shares in the last quarter. Barclays PLC raised its holdings in Titan Machinery by 287.0% in the third quarter. Barclays PLC now owns 31,872 shares of the company’s stock worth $444,000 after purchasing an additional 23,637 shares during the period. Finally, FMR LLC boosted its position in shares of Titan Machinery by 142.5% during the third quarter. FMR LLC now owns 5,262 shares of the company’s stock worth $73,000 after purchasing an additional 3,092 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

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.