Terex (NYSE:TEX) Updates FY 2026 Earnings Guidance

Terex (NYSE:TEX) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.700-5.100 for the period, compared to the consensus estimate of 4.870. The company issued revenue guidance of $7.9 billion-$8.2 billion, compared to the consensus revenue estimate of $7.9 billion.

Terex Trading Down 6.2%

NYSE:TEX opened at $64.36 on Thursday. The stock has a market cap of $7.35 billion, a price-to-earnings ratio of 30.80, a PEG ratio of 1.07 and a beta of 1.49. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.88 and a current ratio of 1.84. Terex has a 1 year low of $41.70 and a 1 year high of $74.69. The business has a fifty day moving average of $65.10 and a 200-day moving average of $63.12.

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 net margin of 1.87% and a return on equity of 13.43%. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Equities analysts predict that Terex will post 4.85 earnings per share for the current year.

Terex Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 1.1%. Terex’s payout ratio is presently 32.54%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TEX shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Terex in a research report on Friday, July 17th. Zacks Research upgraded shares of Terex from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup raised their price objective on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. 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. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Terex from $69.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Terex has an average rating of “Moderate Buy” and a consensus price target of $79.45.

Insiders Place Their Bets

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. This trade represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Terex

Several hedge funds have recently made changes to their positions in TEX. EverSource Wealth Advisors LLC raised its holdings in Terex by 167.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 369 shares in the last quarter. Strs Ohio acquired a new position in shares of Terex in the 1st quarter valued at $30,000. UMB Bank n.a. boosted its position 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 worth $77,000 after purchasing an additional 189 shares during the last quarter. Quarry LP bought a new position in shares of Terex in the 4th quarter worth $88,000. Finally, Empowered Funds LLC acquired a new stake in shares of Terex during the fourth quarter worth $108,000. 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.