Terex Corporation $TEX Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its holdings in shares of Terex Corporation (NYSE:TEX) by 49.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,053 shares of the industrial products company’s stock after acquiring an additional 10,600 shares during the period. Handelsbanken Fonder AB’s holdings in Terex were worth $2,320,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Essential Partners LLC boosted its stake in Terex by 171.2% during the 1st quarter. Essential Partners LLC now owns 564 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 356 shares during the period. EverSource Wealth Advisors LLC grew 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 during the last quarter. Optiver Holding B.V. increased its stake in Terex by 67.5% in the first quarter. Optiver Holding B.V. now owns 782 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 315 shares during the period. Strs Ohio acquired a new position in Terex in the first quarter valued at $30,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of Terex in the first quarter valued at about $47,000. 92.88% of the stock is owned by institutional investors and hedge funds.

Key Terex News

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported second-quarter EPS of $1.37, exceeding the $1.23 consensus estimate, while revenue of $2.24 billion also topped expectations. Management subsequently lifted its outlook during the earnings call, supporting investor confidence in demand and execution. Terex Corporation Lifts Outlook After Strong Earnings Call
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $4.87 from $4.81, increased its Q4 2026 estimate to $1.20, and lifted its FY2028 forecast to $6.31 from $6.27. These revisions indicate expectations for improving earnings over the longer term. Terex analyst estimate revisions
• Neutral Sentiment: The latest estimates put Terex’s FY2026 EPS at $4.87, close to the company’s guidance range of $4.70 to $5.10 but slightly below the broader consensus estimate of $4.96. The stock is trading near the upper portion of its 52-week range, making continued earnings delivery important for valuation support.
• Negative Sentiment: Zacks lowered its Q1 2027 EPS forecast to $1.08 from $1.15 and cut its Q3 2027 forecast to $1.53 from $1.59. A separate Zacks report characterized its Q3 earnings outlook as pessimistic, signaling potential near-term concerns despite the stronger current results. Zacks Research Has Pessimistic Outlook of Terex Q3 Earnings

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TEX. Evercore reiterated an “outperform” rating and set a $81.00 target price on shares of Terex in a research note on Monday, May 11th. Citigroup boosted their price target on Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Morgan Stanley reaffirmed an “overweight” rating and set a $86.00 price objective on shares of Terex in a research note on Monday, August 3rd. DA Davidson initiated coverage on Terex in a research report on Wednesday, June 24th. They set a “strong-buy” rating and a $81.00 price objective for the company. Finally, Raymond James Financial upgraded Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 target price on the stock in a research note on Monday, May 11th. Two equities 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.com, the company presently has an average rating of “Moderate Buy” and an average target price of $78.91.

Terex Stock Up 0.1%

Shares of NYSE:TEX opened at $67.98 on Monday. The company has a market cap of $7.77 billion, a price-to-earnings ratio of 34.69, a PEG ratio of 1.04 and a beta of 1.51. The firm’s 50-day simple moving average is $66.65 and its 200-day simple moving average is $63.60. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54. Terex Corporation has a fifty-two week low of $41.70 and a fifty-two week high of $74.69.

Terex (NYSE:TEX) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.14. The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.14 billion. Terex had a net margin of 2.23% and a return on equity of 12.24%. The firm’s revenue for the quarter was up 50.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. As a group, equities research analysts predict that Terex Corporation will post 4.97 earnings per share for the current year.

Terex Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s dividend payout ratio is 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.