Research Analysts Issue Forecasts for Terex FY2026 Earnings

Terex Corporation (NYSE:TEX) – Analysts at KeyCorp issued their FY2026 earnings estimates for Terex in a research note issued to investors on Wednesday, March 18th. KeyCorp analyst S. Barger forecasts that the industrial products company will post earnings of $4.87 per share for the year. The consensus estimate for Terex’s current full-year earnings is $4.83 per share.

Terex (NYSE:TEX) last announced its quarterly earnings data on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.12. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.Terex’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Several other equities analysts have also commented on the company. JPMorgan Chase & Co. initiated coverage on Terex in a research note on Wednesday, March 4th. They set a “neutral” rating and a $76.00 price target on the stock. Morgan Stanley reiterated an “overweight” rating and set a $83.00 target price on shares of Terex in a report on Tuesday, February 17th. Citigroup raised shares of Terex from a “neutral” rating to a “buy” rating and raised their target price for the company from $73.00 to $75.00 in a research report on Monday, March 9th. Robert W. Baird set a $100.00 price target on shares of Terex in a report on Thursday, February 12th. Finally, Wall Street Zen cut shares of Terex from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 21st. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.90.

Terex Price Performance

Shares of TEX stock opened at $59.53 on Monday. Terex has a twelve month low of $31.53 and a twelve month high of $71.50. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 1.23. The stock has a fifty day simple moving average of $63.03 and a two-hundred day simple moving average of $55.52. The stock has a market capitalization of $6.77 billion, a price-to-earnings ratio of 17.88, a P/E/G ratio of 1.16 and a beta of 1.62.

Terex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. Terex’s payout ratio is presently 20.42%.

Insider Activity at Terex

In related news, insider Kieran Hegarty sold 11,980 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total transaction of $829,495.20. Following the completion of the transaction, the insider owned 173,495 shares in the company, valued at $12,012,793.80. The trade was a 6.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Terex

Several institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC lifted its holdings in shares of Terex by 1,086.3% during the 1st 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 last quarter. Jones Financial Companies Lllp grew its stake in Terex by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock worth $132,000 after buying an additional 2,841 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Terex by 3.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company’s stock valued at $41,263,000 after buying an additional 40,077 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Terex by 0.8% during the 1st 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 valued at $7,375,000 after buying an additional 1,597 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake 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 valued at $1,719,000 after buying an additional 14,629 shares during the last quarter. 92.88% of the stock is owned by hedge funds and other institutional investors.

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.