JPMorgan Chase & Co. assumed coverage on shares of Terex (NYSE:TEX – Free Report) in a research note released on Wednesday, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $76.00 price objective on the industrial products company’s stock.
Other equities analysts have also recently issued reports about the company. Truist Financial lifted their price objective on Terex from $72.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Zacks Research cut Terex from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Wells Fargo & Company boosted their price target on Terex from $56.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Wall Street Zen downgraded shares of Terex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 21st. Finally, UBS Group decreased their target price on shares of Terex from $52.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $71.60.
Terex Stock Down 5.3%
Terex (NYSE:TEX – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The industrial products company reported $1.12 EPS for the quarter, meeting the consensus estimate of $1.12. Terex had a net margin of 4.08% and a return on equity of 16.51%. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the company posted $0.77 earnings per share. Terex’s revenue was up 6.2% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. On average, equities analysts anticipate that Terex will post 4.83 earnings per share for the current year.
Terex Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.68 annualized dividend and a yield of 1.1%. Terex’s payout ratio is presently 20.42%.
Insider Activity
In related news, insider Kieran Hegarty sold 11,980 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total value of $829,495.20. Following the completion of the transaction, the insider owned 173,495 shares of the company’s stock, valued at $12,012,793.80. This represents a 6.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.90% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. UMB Bank n.a. lifted its stake in shares of Terex by 15.0% in the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 189 shares during the last quarter. M&T Bank Corp grew its holdings in shares of Terex by 3.1% during the second quarter. M&T Bank Corp now owns 7,497 shares of the industrial products company’s stock worth $350,000 after purchasing an additional 225 shares during the last quarter. Perigon Wealth Management LLC increased its position in Terex by 2.5% in the 4th quarter. Perigon Wealth Management LLC now owns 9,246 shares of the industrial products company’s stock valued at $494,000 after acquiring an additional 228 shares during the period. Bessemer Group Inc. raised its stake in shares of Terex by 56.4% during the second quarter. Bessemer Group Inc. now owns 718 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 259 shares during the last quarter. Finally, Waterfront Wealth Inc. lifted its holdings in shares of Terex by 0.7% during the third quarter. Waterfront Wealth Inc. now owns 39,694 shares of the industrial products company’s stock worth $2,106,000 after purchasing an additional 260 shares during the period. 92.88% of the stock is currently owned by institutional investors and hedge funds.
More Terex News
Here are the key news stories impacting Terex this week:
- Positive Sentiment: Terex named a new Chief Accounting Officer to support post‑merger integration after the REV Group acquisition — this strengthens financial oversight and integration execution, which investors generally view as a positive for deal outcomes and margin realization. Terex Appoints New CAO
- Positive Sentiment: Terex Ecotec appointed Bradley Equipment as a Texas distributor — a localized commercial expansion that can drive incremental sales in a key regional market for equipment distribution. Distributor Appointment
- Neutral Sentiment: Zacks Research published a full slate of quarterly and annual EPS forecasts through FY2028 (projecting FY2027 ~$5.50 and FY2028 ~$6.22 per share) — the long‑range EPS trajectory Zacks shows would imply continued earnings growth, but these are analyst projections (not company guidance) and should be weighed accordingly. Zacks Estimates Summary
- Negative Sentiment: Zacks Research maintains a “Strong Sell” rating while publishing detailed near‑term quarter estimates (Q1–Q4 panels for 2026–2027) — the combination of a bearish rating and repeated, widely distributed notes can pressure the stock as investors react to the stamp of official sell coverage. Zacks Strong Sell Coverage
- Negative Sentiment: A recent Yahoo Finance opinion piece lists “3 reasons to avoid TEX” (and suggests alternatives) — negative media narratives like this can reinforce bearish sentiment among retail investors and amplify sell pressure. Yahoo: Reasons to Avoid TEX
Terex Company Profile
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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