1,127,925 Shares in Titan Machinery Inc. $TITN Acquired by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Titan Machinery Inc. (NASDAQ:TITN) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,127,925 shares of the company’s stock, valued at approximately $23,822,000. Jupiter Topco LLC owned approximately 4.84% of Titan Machinery as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Quarry LP lifted its position in shares of Titan Machinery by 189.8% in the third quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after acquiring an additional 1,006 shares in the last quarter. Legal & General Group Plc purchased a new stake in Titan Machinery in the second quarter valued at approximately $45,000. Tower Research Capital LLC TRC grew its holdings in Titan Machinery by 352.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock valued at $52,000 after purchasing an additional 2,043 shares during the period. BNP Paribas Financial Markets increased its position in Titan Machinery by 94.3% during the third quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock worth $67,000 after purchasing an additional 1,957 shares during the last quarter. Finally, State of Wyoming grew its stake in shares of Titan Machinery by 48.2% during the 2nd quarter. State of Wyoming now owns 9,442 shares of the company’s stock valued at $187,000 after buying an additional 3,070 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on TITN. Wall Street Zen lowered Titan Machinery from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Titan Machinery in a research note on Monday, June 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Titan Machinery currently has a consensus rating of “Reduce” and an average target price of $17.00.

Titan Machinery Price Performance

NASDAQ TITN opened at $17.86 on Friday. The company has a 50-day moving average price of $18.99 and a two-hundred day moving average price of $19.25. The stock has a market cap of $416.14 million, a price-to-earnings ratio of -7.17 and a beta of 1.41. The company has a current ratio of 1.38, a quick ratio of 0.22 and a debt-to-equity ratio of 0.34. Titan Machinery Inc. has a 52 week low of $13.21 and a 52 week high of $25.00.

Titan Machinery (NASDAQ:TITN) last released its quarterly earnings results on Thursday, August 27th. The company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.04). Titan Machinery had a negative return on equity of 9.06% and a negative net margin of 2.46%.The company had revenue of $496.38 million for the quarter, compared to the consensus estimate of $483.78 million. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS. Analysts forecast that Titan Machinery Inc. will post -1.5 EPS for the current year.

More Titan Machinery News

Here are the key news stories impacting Titan Machinery this week:

• Positive Sentiment: Revenue totaled $496.4 million, above the $483.8 million analyst consensus. Gross margin expanded 150 basis points to 18.6% as inventory-management actions continued to support margin recovery. Titan Machinery fiscal second-quarter results
• Positive Sentiment: Construction revenue increased 9.2% year over year to $78.6 million, while Australia revenue rose 35.5% to $41.4 million, partially offsetting weakness in agriculture and Europe.
• Positive Sentiment: Management reaffirmed its fiscal 2027 adjusted EBITDA outlook of $17 million to $29 million and continued to point to margin-recovery opportunities from inventory actions. Titan Machinery earnings call highlights
• Neutral Sentiment: Institutional positioning was mixed in the latest reporting period, with 72 investors adding shares and 61 reducing holdings, offering no clear directional signal.
• Negative Sentiment: TITN posted a $0.40 per-share loss, worse than the expected $0.36 loss and the $0.26 loss a year earlier. Net loss widened to $9.2 million from $6.0 million.
• Negative Sentiment: Total revenue fell 9.2% year over year. Agriculture revenue declined 10.3% to $310.2 million, while Europe revenue dropped 32.6% to $66.1 million, highlighting ongoing equipment-demand pressure in key markets.
• Negative Sentiment: Fiscal 2027 EPS guidance of -$1.75 to -$1.25 has a midpoint of -$1.50, slightly below the analyst consensus of -$1.46, reinforcing concerns that profitability recovery may remain gradual. These earnings factors help explain why Titan Machinery’s stock has moved lower.

Titan Machinery Profile

Titan Machinery, Inc is a leading full-service dealer specializing in the sale, rental, and servicing of agricultural and construction equipment. The company represents major brands such as Caterpillar, Case IH and New Holland, offering new and pre-owned tractors, combines, excavators, loaders and other heavy machinery. In addition to equipment sales, Titan provides parts distribution, preventative maintenance and field service support to help customers maximize uptime and productivity.

Beyond equipment transactions, Titan Machinery offers a comprehensive suite of support services.