Terex Corporation $TEX Shares Bought by SG Americas Securities LLC

Key Points

• SG Americas Securities LLC boosted its stake in Terex by 147.8% in Q4 to 40,032 shares (about $2.14M), roughly 0.06% of the company.
• Insider Kieran Hegarty sold 11,980 shares at an average of $69.24 on Feb 17, cutting his holding by 6.46% to 173,495 shares (insiders own about 1.9% of the stock).
• Terex reported Q EPS of $1.12 (in line with estimates) on $1.32B revenue (+6.2% YoY), set FY2026 guidance of $4.50–$5.00 EPS, and carries a consensus analyst view of a “Moderate Buy” with a $72.18 price target.

SG Americas Securities LLC boosted its stake in Terex Corporation (NYSE:TEX - Free Report) by 147.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,032 shares of the industrial products company's stock after purchasing an additional 23,875 shares during the period. SG Americas Securities LLC owned approximately 0.06% of Terex worth $2,137,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Smartleaf Asset Management LLC lifted its position in shares of Terex by 565.8% during the third quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company's stock worth $25,000 after purchasing an additional 413 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 369 shares in the last quarter. Strs Ohio purchased a new stake in Terex during the 1st quarter worth $30,000. Rise Advisors LLC lifted its holdings in Terex by 108.9% in the 3rd quarter. Rise Advisors LLC now owns 1,274 shares of the industrial products company's stock worth $65,000 after buying an additional 664 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its position in Terex by 137.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,641 shares of the industrial products company's stock valued at $84,000 after buying an additional 951 shares during the last quarter. Institutional investors and hedge funds own 92.88% of the company's stock.

Insider Transactions at Terex

In related news, insider Kieran Hegarty sold 11,980 shares of Terex stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the transaction, the insider directly owned 173,495 shares of the company's stock, valued at $12,012,793.80. The trade was a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Terex Stock Down 0.2%

Shares of Terex stock opened at $58.43 on Friday. The stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 1.18 and a beta of 1.64. Terex Corporation 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 business's 50 day simple moving average is $62.71 and its 200-day simple moving average is $55.88.

Terex (NYSE:TEX - Get Free Report) last posted its earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.12. Terex had a net margin of 4.08% and a return on equity of 16.51%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the business posted $0.77 EPS. Terex's revenue was up 6.2% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. Equities research analysts forecast that Terex Corporation will post 4.83 earnings per share for the current year.

Terex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.68 annualized dividend and a yield of 1.2%. Terex's dividend payout ratio (DPR) is currently 20.42%.

Wall Street Analyst Weigh In

Several research firms recently commented on TEX. Weiss Ratings reiterated a "hold (c)" rating on shares of Terex in a research note on Wednesday, January 21st. Morgan Stanley restated an "overweight" rating and set a $83.00 price objective on shares of Terex in a report on Tuesday, February 17th. Wells Fargo & Company upped their target price on Terex from $56.00 to $70.00 and gave the company an "equal weight" rating in a research report on Friday, February 13th. Robert W. Baird set a $100.00 target price on Terex in a research note on Thursday, February 12th. Finally, Truist Financial lifted their price target on shares of Terex from $72.00 to $82.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $72.18.

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.

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