Titan Machinery Inc. (TITN) reported fiscal second-quarter revenue of $496.4 million for the quarter ended July 31, 2026, down from $546.4 million a year earlier. The company recorded a net loss of $9.2 million, or $0.40 per diluted share, compared with a $6.0 million net loss, or $0.26 per diluted share, in the prior-year quarter.
Gross margin increased to 18.6% from 17.1%, while gross profit was $92.4 million versus $93.6 million a year earlier. Titan reaffirmed its fiscal 2027 profitability modeling assumptions and updated segment revenue assumptions.
- Total revenue declined 9.2% year over year to $496.4 million.
- Agriculture revenue was $310.2 million, down 10.3%; Construction revenue was $78.6 million, up 9.2%.
- Europe revenue fell 32.6% to $66.1 million; Australia revenue rose 35.5% to $41.4 million.
- Cash was $29.5 million and inventories were $931.5 million as of July 31, 2026.
- Fiscal 2027 adjusted EBITDA assumptions remained $17.0 million to $29.0 million.
$TITN Hedge Fund Activity
We have seen 72 institutional investors add shares of $TITN stock to their portfolio, and 61 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 414,533 shares (+inf%) to their portfolio in Q2 2026, for an estimated $8,754,936
- AMERICAN CENTURY COMPANIES INC added 300,391 shares (+46.7%) to their portfolio in Q2 2026, for an estimated $6,344,257
- STEPHENS INVESTMENT MANAGEMENT GROUP LLC removed 289,482 shares (-42.5%) from their portfolio in Q2 2026, for an estimated $6,113,859
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 204,290 shares (+9.1%) to their portfolio in Q2 2026, for an estimated $4,314,604
- ROYCE & ASSOCIATES LP added 199,643 shares (+21.8%) to their portfolio in Q2 2026, for an estimated $4,216,460
- ARROWMARK COLORADO HOLDINGS LLC removed 154,813 shares (-52.0%) from their portfolio in Q2 2026, for an estimated $3,269,650
- ARISTOTLE CAPITAL BOSTON, LLC removed 151,573 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,534,300
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
