
Terex Corporation (NYSE:TEX – Free Report) – Equities research analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for Terex in a research report issued to clients and investors on Tuesday, August 25th. Zacks Research analyst Team now forecasts that the industrial products company will earn $4.89 per share for the year, up from their prior forecast of $4.87. The consensus estimate for Terex’s current full-year earnings is $4.99 per share. Zacks Research also issued estimates for Terex’s Q1 2027 earnings at $1.07 EPS, Q4 2027 earnings at $1.60 EPS, Q2 2028 earnings at $1.81 EPS and FY2028 earnings at $6.45 EPS.
A number of other brokerages also recently commented on TEX. Wall Street Zen upgraded shares of Terex from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Raymond James Financial raised Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price target for the company in a report on Monday, May 11th. Citigroup upped their price objective on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. DA Davidson began coverage on Terex in a report on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 price objective on the stock. Finally, JPMorgan Chase & Co. cut their target price on Terex from $80.00 to $68.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $78.91.
Terex Stock Down 0.7%
Terex stock opened at $65.41 on Wednesday. The firm has a market capitalization of $7.47 billion, a P/E ratio of 33.37, a P/E/G ratio of 1.00 and a beta of 1.51. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54. Terex has a twelve month low of $41.70 and a twelve month high of $74.69. The stock’s fifty day simple moving average is $66.96 and its 200-day simple moving average is $63.87.
Terex (NYSE:TEX – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.14. The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.14 billion. Terex had a return on equity of 12.24% and a net margin of 2.23%.The firm’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.
Institutional Trading of Terex
Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its position in Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 369 shares in the last quarter. Ancora Advisors LLC purchased a new stake in shares of Terex during the second quarter worth about $29,000. Strs Ohio acquired a new position in shares of Terex in the first quarter valued at approximately $30,000. Essential Partners LLC lifted its stake in shares of Terex by 171.2% during the first quarter. Essential Partners LLC now owns 564 shares of the industrial products company’s stock valued at $33,000 after buying an additional 356 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Terex during the second quarter worth approximately $35,000. Institutional investors and hedge funds own 92.88% of the company’s stock.
Terex Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, August 11th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s dividend payout ratio is currently 34.69%.
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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