Titan Machinery (TITN)

• Market cap: $446M
• 1 day: -2.33%
• 5 days: 1.63%
• 1 month: -9.00%
• 3 months: 37.61%
• 6 months: 30.72%
• Year to date: 39.49%
• 1 year: 14.59%
• 5 years: 82.78%
• 10 years: 34.73%
• Sector: Industrials
• Industry: Industrial Distribution

About: Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the Europe and Australia segments.

Employees: 3,648

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

26% more capital invested

Capital invested by funds: $284M [Q4 2024] → $357M (+$73M) [Q1 2025]

3.7% more ownership

Funds ownership: 86.81% [Q4 2024] → 90.51% (+3.7%) [Q1 2025]

3% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 40

5% less funds holding

Funds holding: 126 [Q4 2024] → 120 (-6) [Q1 2025]

12% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 25

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]

72% less call options, than puts

Call options by funds: $1.65M | Put options by funds: $5.86M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $18 7% downside
• Avg. target: $22 15% upside
• High target: $25 29% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

B. Riley Securities Alex Rygiel	14% upside $22	Neutral Maintained	27 May 2025
Lake Street Ben Klieve	7% downside $18	Hold Maintained	23 May 2025
Northland Capital Markets Ted Jackson	29% upside $25	Outperform Upgraded	11 Apr 2025
Baird Mircea Dobre	24% upside $24	Outperform Maintained	21 Mar 2025