TWINYSESteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Fiscal year ends December 31
TITAN INTERNATIONAL INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$6.57−0.07 (-1.05%)
Close on Oct 19, 2026
- Market cap
- $423.79M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
87.6%
57M of 65M shares
Institutional holders
170
29 new, 39 sold out
Net institutional buying
-2M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $54.44M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| AIPCT Holdings LLC | 8,880,478 | 13.90% | 13D (active) amendment | Mar 4, 2026 |
| DSCO Value Fund, L.P. | 5,309,428 | 8.30% | 13G (passive) | Jun 30, 2026 |
| Donald Smith & Co., Inc. | 4,941,157 | 7.70% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 3,504,933 | 5.40% | 13G (passive) amendment | Apr 30, 2026 |
| Dimensional Fund Advisors LP | 3,238,348 | 5.10% | 13G (passive) | Sep 30, 2025 |
| AIPCF V (Cayman), Ltd. | 11,921,766 | 18.60% | 13D (active) amendment | Feb 9, 2026 |
| Aipcf V Aiv C, LP | 11,921,766 | 16.40% | 13D (active) | Feb 29, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TWI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Aip, LLC | 8,880,478 | 13.76% | $68.47M | – | 71.93% |
| Donald Smith & Co., Inc. | 5,309,428 | 8.23% | $40.94M | +368,271 | 0.72% |
| BlackRock, Inc. | 4,659,103 | 7.22% | $35.92M | −2,495,317 | 0.00% |
| Dimensional Fund Advisors LP | 3,299,956 | 5.11% | $25.44M | −126,917 | 0.00% |
| Vanguard Capital Management LLC | 2,599,707 | 4.03% | $20.04M | +504,770 | 0.00% |
| Renaissance Technologies LLC | 2,168,087 | 3.36% | $16.72M | −309,032 | 0.02% |
| Fishman Jay A Ltd/Mi | 2,093,364 | 3.24% | $16.14M | −29,320 | 1.28% |
| Victory Capital Management Inc | 1,608,399 | 2.49% | $12.40M | −73,539 | 0.01% |
| First Eagle Investment Management, LLC | 1,561,278 | 2.42% | $12.04M | +890,639 | 0.01% |
| UBS Group AG | 1,469,496 | 2.28% | $11.33M | +1,129,444 | 0.00% |
| Royce & Associates LP | 1,428,798 | 2.21% | $11.02M | +138,980 | 0.09% |
| Geode Capital Management, LLC | 1,304,577 | 2.02% | $10.06M | +108,937 | 0.00% |
| State Street Corp | 1,062,857 | 1.65% | $8.19M | −685,455 | 0.00% |
| Two Sigma Investments, LP | 1,058,716 | 1.64% | $8.16M | +253,397 | 0.01% |
| Morgan Stanley | 1,012,417 | 1.57% | $7.81M | +44,447 | 0.00% |
| Charles Schwab Investment Management Inc | 981,894 | 1.52% | $7.57M | −197,663 | 0.00% |
| Goldman Sachs Group Inc | 890,355 | 1.38% | $6.86M | +57,119 | 0.00% |
| Staley Capital Advisers Inc | 798,447 | 1.24% | $6.16M | – | 0.24% |
| Bnp Paribas Arbitrage, Snc | 672,076 | 1.04% | $5.18M | +233,653 | 0.00% |
| American Century Companies Inc | 671,682 | 1.04% | $5.18M | −408,795 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 170 | 57M | 87.6% | 29 / 56 | 50 / 39 | 8M | 10M |
| Q1 2026 | 183 | 59M | 91.1% | 30 / 59 | 58 / 21 | 11M | 6M |
| Q4 2025 | 179 | 58M | 89.7% | 17 / 45 | 75 / 31 | 4M | 4M |
| Q3 2025 | 194 | 58M | 89.6% | 24 / 56 | 68 / 18 | 3M | 4M |
| Q2 2025 | 189 | 58M | 90.4% | 27 / 63 | 59 / 30 | 3M | 4M |
| Q1 2025 | 193 | 59M | 91.7% | 31 / 65 | 57 / 21 | 8M | 7M |
| Q4 2024 | 185 | 58M | 89.4% | 35 / 48 | 68 / 29 | 3M | 13M |
| Q3 2024 | 181 | 67M | 100.0% | 31 / 56 | 57 / 30 | 11M | 3M |
| Q2 2024 | 181 | 67M | 100.0% | 34 / 59 | 55 / 37 | 6M | 5M |
| Q1 2024 | 186 | 66M | 100.0% | 24 / 51 | 66 / 15 | 16M | 2M |
| Q4 2023 | 179 | 53M | 81.3% | 17 / 54 | 67 / 16 | 4M | 2M |
| Q3 2023 | 179 | 51M | 78.6% | 24 / 65 | 62 / 16 | 3M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TWI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,979,364 | 3.07% | $15.26M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,438,972 | 2.23% | $11.09M | 0.01% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 825,694 | 1.28% | $5.96M | 0.03% | Jul 31, 2026 |
| First Eagle Small Cap Opportunity Fund | 685,991 | 1.06% | $4.95M | 0.17% | Jul 31, 2026 |
| Victory Integrity Small-Cap Value Fund | 625,000 | 0.97% | $4.82M | 0.42% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 596,012 | 0.92% | $4.30M | 0.02% | May 31, 2026 |
| Fidelity Small Cap Index Fund | 580,909 | 0.90% | $4.19M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 566,471 | 0.88% | $4.37M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 546,804 | 0.85% | $4.22M | 0.03% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 456,774 | 0.71% | $3.30M | 0.04% | May 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 370,595 | 0.57% | $2.86M | 0.12% | Jun 30, 2026 |
| Royce Small-Cap Opportunity Fund | 350,884 | 0.54% | $2.71M | 0.19% | Jun 30, 2026 |
| Dimensional US Small Cap Value ETF | 292,652 | 0.45% | $2.11M | 0.03% | Jul 31, 2026 |
| U.S. Targeted Value Portfolio | 287,364 | 0.45% | $2.07M | 0.01% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 284,086 | 0.44% | $2.05M | 0.01% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Max Narancich | COO, Carlstar | 85,737 | 0.13% | Jun 22, 2026 |
| David A. Martin | SVP, CTO | 307,188 | 0.48% | Mar 16, 2026 |
| Paul G. Reitz | President & CEO | 537,658 | 0.83% | Mar 16, 2026 |
| James M. Pach | VP, Chief Accounting Officer | 29,819 | 0.05% | Mar 16, 2026 |
| Anthony Eheli | SVP, Chief Financial Officer | 76,424 | 0.12% | Mar 16, 2026 |
| Mark H. Rachesky Md | Director | 7,314,587 | 11.33% | Jun 25, 2026 |
| Laura K. Thompson | Director | 59,377 | 0.09% | Jun 25, 2026 |
| Maurice M. Taylor Jr | Director | 677,356 | 1.05% | Jun 25, 2026 |
| Anthony L. Soave | Director | 1,198,348 | 1.86% | Jun 25, 2026 |
| Richard M. Cashin Jr | Director | 427,506 | 0.66% | Jun 25, 2026 |
| Max A. Guinn | Director | 190,061 | 0.29% | Jun 25, 2026 |
| AIPCF V (Cayman), Ltd. | 10% owner | 8,880,478 | 13.76% | Apr 16, 2026 |
| Holdings LLC AIPCT | 10% owner | – | – | Apr 16, 2026 |
| Aipcf V Aiv C, Lp | 10% owner | – | – | Apr 16, 2026 |
| Intermediate Holdings I. LLC AIPCT | 10% owner | 8,880,478 | 13.76% | Apr 16, 2026 |
| AIPCF V (Cayman), L.P. | 10% owner | – | – | Apr 16, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Mark H. Rachesky Md Director | Jun 23, 2026 | Award | +24,725 | $7.28 | $180.00K | 24,725 |
| Richard M. Cashin Jr Director | Jun 23, 2026 | Award | +24,725 | – | – | 251,045 |
| Anthony L. Soave Director | Jun 23, 2026 | Award | +24,725 | – | – | 1,193,348 |
| Max A. Guinn Director | Jun 23, 2026 | Award | +24,725 | – | – | 190,061 |
| Laura K. Thompson Director | Jun 23, 2026 | Award | +12,362 | – | – | 59,377 |
| Maurice M. Taylor Jr Director | Jun 23, 2026 | Award | +24,725 | – | – | 677,356 |
| Max Narancich COO, Carlstar | Jun 20, 2026 | Tax withholding | −1,461 | $7.54 | $11.02K | 85,737 |
| James M. Pach VP, Chief Accounting Officer | Mar 14, 2026 | Tax withholding | −1,111 | $7.74 | $8.60K | 29,819 |
| David A. Martin SVP, CTO | Mar 14, 2026 | Tax withholding | −6,226 | $7.74 | $48.19K | 307,188 |
| Paul G. Reitz President & CEO | Mar 14, 2026 | Tax withholding | −13,305 | $7.74 | $102.98K | 537,658 |
| Anthony Eheli SVP, Chief Financial Officer | Mar 14, 2026 | Tax withholding | −2,821 | $7.74 | $21.83K | 76,424 |
| David A. Martin SVP, CTO | Mar 10, 2026 | Award | +40,000 | – | – | 324,620 |
| David A. Martin SVP, CTO | Mar 10, 2026 | Tax withholding | −11,206 | $8.54 | $95.70K | 313,414 |
| James M. Pach VP, Chief Accounting Officer | Mar 10, 2026 | Award | +20,000 | – | – | 32,834 |
| James M. Pach VP, Chief Accounting Officer | Mar 10, 2026 | Tax withholding | −1,904 | $8.54 | $16.26K | 30,930 |
| Paul G. Reitz President & CEO | Mar 10, 2026 | Award | +80,000 | – | – | 574,617 |
| Paul G. Reitz President & CEO | Mar 10, 2026 | Tax withholding | −23,654 | $8.54 | $202.01K | 550,963 |
| Max Narancich COO, Carlstar | Mar 10, 2026 | Award | +35,000 | – | – | 90,039 |
| Max Narancich COO, Carlstar | Mar 10, 2026 | Tax withholding | −2,841 | $8.54 | $24.26K | 87,198 |
| Anthony Eheli SVP, Chief Financial Officer | Mar 10, 2026 | Award | +40,000 | – | – | 85,276 |
| Anthony Eheli SVP, Chief Financial Officer | Mar 10, 2026 | Tax withholding | −6,031 | $8.54 | $51.50K | 79,245 |
| AIPCF V (Cayman), Ltd. 10% owner | Mar 4, 2026 | Sale | −3,041,288 | $8.95 | $27.22M | 8,880,478 |
| Intermediate Holdings I. LLC AIPCT 10% owner | Mar 4, 2026 | Sale | −3,041,288 | $8.95 | $27.22M | 8,880,478 |
| Mark H. Rachesky Md Director | Feb 9, 2026 | Option exercise | +20,000 | $7.00 | $140.00K | 257,468 |
| Max Narancich COO, Carlstar | Aug 14, 2025 | Buy | +3,500 | $8.56 | $29.96K | 55,039 |
| Richard M. Cashin Jr Director | Jul 1, 2025 | Sale | −212,398 | $10.34 | $2.20M | 176,461 |
| Richard M. Cashin Jr Director | Jun 30, 2025 | Sale | −63,950 | $10.31 | $659.32K | 388,859 |
| Anthony Eheli VP, Chief Accounting Officer | Jun 20, 2025 | Sale | −25,000 | $9.24 | $231.00K | 45,276 |
| Max Narancich COO, Carlstar | Jun 20, 2025 | Tax withholding | −1,461 | $9.33 | $13.63K | 51,539 |
| Anthony L. Soave Director | Jun 16, 2025 | Award | +19,780 | – | – | 1,168,623 |
| Richard M. Cashin Jr Director | Jun 16, 2025 | Award | +19,780 | – | – | 226,320 |
| Max A. Guinn Director | Jun 16, 2025 | Award | +19,780 | – | – | 165,336 |
| Laura K. Thompson Director | Jun 16, 2025 | Award | +9,890 | – | – | 47,015 |
| Maurice M. Taylor Jr Director | Jun 16, 2025 | Award | +19,780 | – | – | 652,631 |
| Mark H. Rachesky Md Director | Jun 16, 2025 | Award | +9,890 | – | – | 9,890 |
| David A. Martin SVP & Chief Financial Officer | Mar 14, 2025 | Tax withholding | −7,226 | $8.08 | $58.39K | 284,620 |
| Anthony Eheli VP, Chief Accounting Officer | Mar 14, 2025 | Tax withholding | −2,621 | $8.08 | $21.18K | 70,276 |
| Paul G. Reitz President & CEO | Mar 14, 2025 | Tax withholding | −13,906 | $8.08 | $112.36K | 494,617 |
| David A. Martin SVP & Chief Financial Officer | Mar 13, 2025 | Award | +57,710 | – | – | 316,864 |
| David A. Martin SVP & Chief Financial Officer | Mar 13, 2025 | Tax withholding | −25,018 | $8.13 | $203.40K | 291,846 |
| Paul G. Reitz President & CEO | Mar 13, 2025 | Award | +230,840 | – | – | 615,518 |
| Paul G. Reitz President & CEO | Mar 13, 2025 | Tax withholding | −106,995 | $8.13 | $869.87K | 508,523 |
| Paul G. Reitz President & CEO | Mar 10, 2025 | Tax withholding | −24,721 | $8.87 | $219.28K | 304,678 |
| Paul G. Reitz President & CEO | Mar 10, 2025 | Award | +80,000 | – | – | 384,678 |
| David A. Martin SVP & Chief Financial Officer | Mar 10, 2025 | Tax withholding | −14,451 | $8.87 | $128.18K | 214,154 |
| David A. Martin SVP & Chief Financial Officer | Mar 10, 2025 | Award | +45,000 | – | – | 259,154 |
| Anthony Eheli VP, Chief Accounting Officer | Mar 10, 2025 | Tax withholding | −5,021 | $8.87 | $44.54K | 47,897 |
| Anthony Eheli VP, Chief Accounting Officer | Mar 10, 2025 | Award | +25,000 | – | – | 72,897 |
| Fund Management Llc Mhr Director, 10% owner | Oct 18, 2024 | Other | −715,138 | $7.20 | $5.15M | 0 |
| Fund Management Llc Mhr Director, 10% owner | Oct 18, 2024 | Other | −7,200,427 | $7.20 | $51.84M | 0 |
| Fund Management Llc Mhr Director, 10% owner | Oct 18, 2024 | Other | −89,435 | $7.20 | $643.93K | 0 |
| Anthony L. Soave Director | Jun 13, 2024 | Award | +24,177 | – | – | 1,148,843 |
| Maurice M. Taylor Jr Director | Jun 13, 2024 | Award | +24,177 | – | – | 632,851 |
| Richard M. Cashin Jr Director | Jun 13, 2024 | Award | +24,177 | – | – | 206,540 |
| Institutional Advisors III LLC MHR Director, 10% owner | Jun 13, 2024 | Award | +24,177 | – | – | 24,177 |
| Max A. Guinn Director | Jun 13, 2024 | Award | +24,177 | – | – | 145,556 |
| Laura K. Thompson Director | Jun 13, 2024 | Award | +12,088 | – | – | 37,125 |
| Anthony Eheli VP, Chief Accounting Officer | Mar 25, 2024 | Tax withholding | −1,675 | $12.39 | $20.75K | 55,418 |
| Anthony Eheli VP, Chief Accounting Officer | Mar 25, 2024 | Sale | −2,500 | $12.42 | $31.05K | 52,918 |
| Paul G. Reitz President & CEO | Mar 25, 2024 | Tax withholding | −9,826 | $12.39 | $121.74K | 329,399 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Intermediate Holdings I. Llc Aipct Affiliate | Mar 4, 2026 | 3,041,288 | $27.22M | Mar 4, 2026 | Merger |
| M. Cashin Jr Fam Tr 1 Richard Officer, Director, 10% Stockholder | Jul 1, 2025 | 212,398 | $2.20M | Jul 1, 2025 | Gift from Affiliate |
| M. Cashin Jr Fam Tr 1 Richard Officer, Director, 10% Stockholder | Jun 30, 2025 | 63,950 | $659.38K | Jun 30, 2025 | Gift from Affiliate |
| Anthony Eheli Officer | Jun 20, 2025 | 25,000 | $230.00K | Jun 20, 2025 | Stock Option |
| Max A. Guinn Director | Sep 1, 2023 | 79,650 | $1.03M | Sep 1, 2023 | Restricted stock vest |