Key Points
- Kieran Hegarty sold 11,980 Terex shares at an average price of $69.24 on Feb. 17, realizing about $829,495 and reducing his stake by 6.46% while still holding 173,495 shares valued at roughly $12.01M.
- Terex reported quarter results that met consensus with $1.12 EPS and $1.32B in revenue (up 6.2% YoY) and set FY2026 guidance of 4.50–5.00 EPS, with analysts penciling in about 4.83 EPS for the year.
- The company announced a quarterly dividend of $0.17 (annualized $0.68, ~1.0% yield), shares trade near their 12‑month high, and the consensus analyst rating is a "Moderate Buy" with an average price target of $69.00.
Terex Corporation (NYSE:TEX - Get Free Report) insider Kieran Hegarty sold 11,980 shares of the company's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total value of $829,495.20. Following the transaction, the insider directly owned 173,495 shares in the company, valued at $12,012,793.80. This trade represents a 6.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Terex Price Performance
Shares of TEX stock opened at $69.10 on Thursday. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 1.41 and a beta of 1.68. Terex Corporation has a 12 month low of $31.53 and a 12 month high of $71.50. The company has a quick ratio of 1.20, a current ratio of 2.30 and a debt-to-equity ratio of 1.23. The stock has a 50-day moving average price of $58.92 and a 200 day moving average price of $53.30.
Terex (NYSE:TEX - Get Free Report) last released 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 company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the company posted $0.77 EPS. The company's revenue was up 6.2% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. Research analysts expect that Terex Corporation will post 4.83 EPS for the current year.
Terex Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 6th. Terex's payout ratio is currently 20.42%.
Institutional Investors Weigh In On Terex
Hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC grew its position in shares of Terex by 565.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 413 shares during the period. EverSource Wealth Advisors LLC raised 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 worth $28,000 after buying an additional 369 shares during the period. Strs Ohio bought a new position in Terex in the first quarter valued at approximately $30,000. Hantz Financial Services Inc. boosted its holdings in shares of Terex by 6,800.0% in the second quarter. Hantz Financial Services Inc. now owns 690 shares of the industrial products company's stock valued at $32,000 after buying an additional 680 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in shares of Terex by 56.4% in the second quarter. Bessemer Group Inc. now owns 718 shares of the industrial products company's stock valued at $34,000 after buying an additional 259 shares during the period. Institutional investors and hedge funds own 92.88% of the company's stock.
Analyst Upgrades and Downgrades
TEX has been the subject of a number of analyst reports. Citigroup reaffirmed a "neutral" rating on shares of Terex in a research note on Thursday, February 12th. Raymond James Financial upgraded Terex from a "market perform" rating to an "outperform" rating and set a $70.00 target price on the stock in a report on Monday, October 27th. Wells Fargo & Company upped their price target on Terex from $56.00 to $70.00 and gave the company an "equal weight" rating in a research note on Friday, February 13th. Morgan Stanley reiterated an "overweight" rating and issued a $83.00 price target on shares of Terex in a research report on Tuesday. Finally, Wall Street Zen lowered shares of Terex from a "strong-buy" rating to a "buy" rating in a research note on Sunday, December 21st. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $69.00.
View Our Latest Stock Analysis on TEX
About Terex
(
Get Free Report)
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.
Further Reading
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