Zacks Research Analysts Reduce Earnings Estimates for Terex

Terex Corporation (NYSE:TEX - Free Report) - Zacks Research reduced their Q2 2026 earnings per share estimates for shares of Terex in a report released on Thursday, June 19th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $1.45 per share for the quarter, down from their previous estimate of $1.48. The consensus estimate for Terex's current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex's Q4 2026 earnings at $1.16 EPS.

A number of other research analysts also recently commented on TEX. Robert W. Baird raised Terex from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $48.00 to $66.00 in a report on Tuesday, May 13th. JPMorgan Chase & Co. raised their price objective on Terex from $43.00 to $50.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 10th. Citigroup decreased their price objective on shares of Terex from $45.00 to $36.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Baird R W raised shares of Terex from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 13th. Finally, Morgan Stanley reduced their price target on shares of Terex from $43.00 to $30.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Eight analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $50.90.

Terex Stock Up 0.1%

NYSE:TEX opened at $45.45 on Monday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.07 and a current ratio of 2.11. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 4.79 and a beta of 1.60. Terex has a one year low of $31.53 and a one year high of $68.08. The stock has a 50-day simple moving average of $42.38 and a 200 day simple moving average of $43.13.

Terex (NYSE:TEX - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.26. The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.26 billion. Terex had a net margin of 4.89% and a return on equity of 18.79%. The firm's quarterly revenue was down 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.60 earnings per share.

Terex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, June 6th. This represents a $0.68 annualized dividend and a dividend yield of 1.50%. Terex's payout ratio is currently 18.53%.

Insider Transactions at Terex

In related news, insider Joshua Gross sold 5,389 shares of Terex stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $40.75, for a total transaction of $219,601.75. Following the sale, the insider now directly owns 38,755 shares in the company, valued at $1,579,266.25. The trade was a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.90% of the company's stock.

Institutional Trading of Terex

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC bought a new stake in Terex during the fourth quarter worth approximately $59,179,000. FMR LLC increased its position in shares of Terex by 17.0% during the 4th quarter. FMR LLC now owns 8,782,287 shares of the industrial products company's stock valued at $405,917,000 after purchasing an additional 1,272,920 shares during the period. Fuller & Thaler Asset Management Inc. increased its position in shares of Terex by 94.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,150,673 shares of the industrial products company's stock valued at $99,404,000 after purchasing an additional 1,046,600 shares during the period. Norges Bank bought a new stake in shares of Terex in the 4th quarter worth $35,001,000. Finally, First Trust Advisors LP lifted its holdings in shares of Terex by 43.2% in the fourth quarter. First Trust Advisors LP now owns 1,930,923 shares of the industrial products company's stock valued at $89,247,000 after buying an additional 582,819 shares during the period. 92.88% of the stock is currently owned by institutional investors.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.

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