Twin Disc, Incorporated (NASDAQ:TWIN) Short Interest Update

Twin Disc, Incorporated (NASDAQ:TWIN) experienced a notable rise in short interest during February. As of February 15, the total short interest reached 95,300 shares, marking a significant increase of 36.7% compared to 69,700 shares on January 31. This amount currently represents 0.9% of the company’s total shares that are sold short. Given the average trading volume of 29,000 shares, the short-interest ratio stands at 3.3 days.

Institutional Investors' Activity in Twin Disc

Recent actions by institutional investors and hedge funds indicate a mix of buying and selling activity related to Twin Disc stock. For instance, Segall Bryant & Hamill LLC made a new investment in Twin Disc during the third quarter amounting to $1,384,000. Additionally, Pacific Ridge Capital Partners LLC boosted its holdings in Twin Disc by 16.1% in the fourth quarter, now owning 565,277 shares valued at approximately $6,642,000 after purchasing an extra 78,378 shares. Another notable increase came from JPMorgan Chase & Co., which expanded its stake by a remarkable 689.1% in the same quarter, accumulating 38,342 shares now worth $451,000 after acquiring 33,483 more shares. Dimensional Fund Advisors LP also grew its position by 3.5% in the fourth quarter and currently owns 597,475 shares valued at $7,020,000 after buying an additional 20,470 shares. Furthermore, Skylands Capital LLC increased its position by 110.0%, owning 27,300 shares worth $321,000 after gaining 14,300 more shares. Collectively, institutional investors hold 65.25% of Twin Disc’s stock.

Twin Disc Stock Performance Overview

Twin Disc stock opened at $8.31 on Thursday, reflecting a robust financial profile with a debt-to-equity ratio of 0.15, a current ratio of 2.11, and a quick ratio of 0.86. The company’s fifty-day moving average stands at $10.58, while the 200-day average is $11.61. Over the past year, shares have traded between a low of $8.07 and a high of $18.00. Twin Disc has a market capitalization of $117.55 million and a price-to-earnings (P/E) ratio of 12.40, with a beta of 0.62.

The company last reported its earnings results on February 5, revealing earnings per share (EPS) of $0.07 for the quarter. Twin Disc recorded a net margin of 2.92% and a return on equity of 4.24% during this period.

Twin Disc Recent Dividend Declaration

Twin Disc also announced a quarterly dividend that was paid on March 3. Shareholders on record as of February 17 received a dividend of $0.04, translating to an annualized dividend of $0.16 and a yield of 1.93%. The ex-dividend date was February 14, and Twin Disc maintains a payout ratio of approximately 23.88%.

Changes in Analyst Ratings

In related news, StockNews.com recently downgraded shares of Twin Disc from a ‘strong-buy’ rating to a ‘buy’ rating in a research note issued on February 25.

About Twin Disc

Twin Disc, Incorporated specializes in designing, manufacturing, and selling marine and heavy-duty off-highway power transmission equipment. The company operates globally, with facilities in the United States, the Netherlands, China, Australia, Italy, and other regions. Its product line includes marine transmissions, azimuth drives, surface drives, propellers, and boat management systems, as well as hydraulic torque converters, power-shift transmissions, industrial clutches, and control systems.

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