
Terex Corporation (NYSE:TEX – Free Report) – Zacks Research reduced their FY2026 earnings per share (EPS) estimates for Terex in a note issued to investors on Friday, June 26th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $4.81 for the year, down from their prior forecast of $4.83. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.84 per share. Zacks Research also issued estimates for Terex’s Q2 2027 earnings at $1.59 EPS, FY2027 earnings at $5.80 EPS, Q1 2028 earnings at $1.32 EPS and FY2028 earnings at $6.27 EPS.
Other equities research analysts have also recently issued research reports about the stock. Morgan Stanley reiterated an “overweight” rating and set a $84.00 price objective on shares of Terex in a research report on Wednesday, May 6th. Evercore reaffirmed an “outperform” rating and set a $81.00 target price on shares of Terex in a research note on Monday, May 11th. Raymond James Financial upgraded shares of Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price target on the stock in a report on Monday, May 11th. DA Davidson assumed coverage on shares of Terex in a research note on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 price target on the stock. Finally, Citigroup upgraded Terex from a “neutral” rating to a “buy” rating and raised their price objective for the company from $73.00 to $75.00 in a research report on Monday, March 9th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Terex has an average rating of “Moderate Buy” and a consensus target price of $75.82.
Terex Stock Up 2.1%
NYSE TEX opened at $73.30 on Tuesday. The stock’s 50 day moving average is $62.74 and its 200 day moving average is $61.17. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 0.57. Terex has a 12 month low of $41.70 and a 12 month high of $74.69. The stock has a market cap of $8.37 billion, a PE ratio of 35.07, a P/E/G ratio of 1.13 and a beta of 1.53.
Terex (NYSE:TEX – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.20. Terex had a return on equity of 13.43% and a net margin of 1.87%.The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same quarter in the prior year, the company posted $0.83 earnings per share. The business’s quarterly revenue was up 41.1% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.000 EPS.
Terex Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, June 8th. Terex’s payout ratio is currently 32.54%.
Insiders Place Their Bets
In related news, insider Joshua Gross sold 5,874 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $61.53, for a total transaction of $361,427.22. Following the sale, the insider owned 48,706 shares of the company’s stock, valued at $2,996,880.18. This represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.60% of the company’s stock.
Institutional Investors Weigh In On Terex
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Millennium Management LLC boosted its stake in shares of Terex by 1,086.3% during the first quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company’s stock valued at $9,674,000 after purchasing an additional 234,470 shares during the period. Jones Financial Companies Lllp grew its stake in Terex by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock valued at $132,000 after purchasing an additional 2,841 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Terex by 3.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company’s stock valued at $41,263,000 after purchasing an additional 40,077 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Terex by 0.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,210 shares of the industrial products company’s stock worth $7,375,000 after purchasing an additional 1,597 shares in the last quarter. Finally, Intech Investment Management LLC raised its holdings in Terex by 47.4% in the first quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company’s stock worth $1,719,000 after purchasing an additional 14,629 shares in the last quarter. Hedge funds and other institutional investors own 92.88% of the company’s stock.
About Terex
Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.
Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.
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