Deutsche Bank AG Invests $9.31 Million in Terex Corporation $TEX

Key Points

• Deutsche Bank acquired 128,583 Terex shares worth approximately $9.31 million in the second quarter, giving it a 0.11% stake. Institutional investors and hedge funds collectively own 92.88% of Terex.
• Terex exceeded quarterly expectations with adjusted earnings of $1.37 per share versus the $1.23 consensus, while revenue rose 50.5% year over year to $2.24 billion. The company issued fiscal 2026 EPS guidance of $4.70–$5.10.
• Terex declared a quarterly dividend of $0.17 per share, or $0.68 annually, yielding about 1.0%. Analysts maintain a Moderate Buy consensus rating with an average price target of $78.91, above the reported $66.33 share price.

Deutsche Bank AG acquired a new position in Terex Corporation (NYSE:TEX - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 128,583 shares of the industrial products company's stock, valued at approximately $9,308,000. Deutsche Bank AG owned approximately 0.11% of Terex at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TEX. Perigon Wealth Management LLC bought a new stake in Terex during the 2nd quarter valued at $726,000. Principle Wealth Partners LLC bought a new position in shares of Terex in the second quarter worth $259,000. Hanseatic Management Services Inc. bought a new position in shares of Terex in the second quarter worth $244,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Terex during the second quarter valued at $35,000. Finally, OneDigital Investment Advisors LLC acquired a new position in shares of Terex during the second quarter valued at $225,000. 92.88% of the stock is currently owned by institutional investors and hedge funds.

Terex Trading Down 0.2%

Shares of TEX opened at $66.33 on Monday. The business's 50-day moving average price is $66.94 and its 200 day moving average price is $63.84. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $7.58 billion, a P/E ratio of 33.84, a P/E/G ratio of 1.01 and a beta of 1.51. Terex Corporation has a 1-year low of $41.70 and a 1-year high of $74.69.

Terex (NYSE:TEX - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same period in the prior year, the firm earned $1.49 earnings per share. The business's quarterly revenue was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Analysts expect that Terex Corporation will post 4.99 earnings per share for the current year.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. Terex's payout ratio is currently 34.69%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TEX shares. Evercore reaffirmed an "outperform" rating and issued a $81.00 price objective on shares of Terex in a report on Monday, May 11th. DA Davidson assumed coverage on shares of Terex in a research note on Wednesday, June 24th. They set a "strong-buy" rating and a $81.00 target price on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Terex in a research report on Friday, July 17th. Wall Street Zen raised shares of Terex from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Finally, Citigroup increased their price objective on shares of Terex from $75.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. 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 company. According to data from MarketBeat.com, Terex presently has a consensus rating of "Moderate Buy" and a consensus target price of $78.91.

Terex 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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