Hsbc Holdings PLC Acquires New Position in Terex Corporation $TEX

Hsbc Holdings PLC acquired a new stake in Terex Corporation (NYSE:TEX) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,253 shares of the industrial products company’s stock, valued at approximately $547,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wellington Management Group LLP purchased a new position in shares of Terex during the third quarter worth approximately $121,724,000. Invesco Ltd. boosted its holdings in shares of Terex by 801.3% in the third quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after purchasing an additional 1,425,996 shares during the period. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Terex in the fourth quarter valued at approximately $69,802,000. Morgan Stanley grew its stake in Terex by 77.2% in the fourth quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock worth $89,094,000 after purchasing an additional 727,277 shares in the last quarter. Finally, Norges Bank bought a new position in Terex in the fourth quarter worth approximately $33,828,000. 92.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TEX has been the topic of several research reports. Raymond James Financial upgraded Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price objective on the stock in a report on Monday, May 11th. JPMorgan Chase & Co. lowered their target price on Terex from $80.00 to $68.00 and set a “neutral” rating for the company in a report on Friday. Zacks Research raised Terex from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup raised their price target on Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, DA Davidson initiated coverage on Terex in a report on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.73.

Insider Buying and Selling at Terex

In other news, insider Joshua Gross sold 5,874 shares of Terex stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $61.53, for a total value of $361,427.22. Following the transaction, the insider owned 48,706 shares of the company’s stock, valued at $2,996,880.18. The trade was a 10.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.60% of the company’s stock.

Terex Trading Up 1.1%

Shares of NYSE TEX opened at $62.89 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.82 and a quick ratio of 0.88. The stock has a market capitalization of $7.18 billion, a P/E ratio of 32.09, a price-to-earnings-growth ratio of 0.97 and a beta of 1.49. Terex Corporation has a 1-year low of $41.70 and a 1-year high of $74.69. The business has a fifty day moving average price of $65.31 and a 200 day moving average price of $63.14.

Terex (NYSE:TEX) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter last year, the company earned $1.49 earnings per share. The firm’s revenue for the quarter was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Equities research analysts expect that Terex Corporation will post 4.85 EPS for the current fiscal year.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, August 11th. Terex’s dividend payout ratio (DPR) is currently 32.54%.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Results exceeded expectations: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23–$1.25 analyst consensus, while revenue reached $2.24 billion versus expectations of approximately $2.14 billion. Sales increased 50.5% year over year, helped by the REV Group acquisition. Terex Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: Management increased its full-year sales forecast to $7.9 billion–$8.2 billion and adjusted EBITDA guidance to $960 million–$1.0 billion. The EPS outlook is $4.70–$5.10, broadly in line with the $4.87 consensus estimate. Terex posts strong Q2 results, raises 2026 outlook
• Positive Sentiment: Demand indicators improved: Pro forma sales rose 8.5%, bookings increased 25.2% year over year, and backlog stood at $6.9 billion. These figures support expectations for continued revenue visibility across Terex’s end markets. Terex Q2 Sales Rise 50.5% to $2.2 Billion
• Positive Sentiment: Analyst support remains: Truist raised its price target to $96 and maintained a “buy” rating, implying substantial potential upside from recent trading levels.
• Neutral Sentiment: REV Group integration: Terex completed its acquisition of REV Group, expanding its specialized vehicle portfolio. The deal adds growth opportunities but also leaves investors focused on integration execution and potential synergies. Terex Completes REV Group Acquisition
• Negative Sentiment: Mixed valuation signals: JPMorgan lowered its price target from $80 to $68 and shifted to a “neutral” rating, suggesting limited upside after the earnings reaction. Reports also highlighted that adjusted EPS declined from $1.49 a year earlier, while recent insider transactions were exclusively sales.

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.