Key Points
- Joshua Gross sold 5,874 Terex shares on May 4 at an average price of $61.53 for $361,427.22, trimming his holdings to 48,706 shares (a 10.76% decrease).
- Terex beat quarterly estimates with EPS of $0.98 (vs. $0.78) and revenue of $1.73B (+41.1% YoY), issued FY2026 guidance of 4.50–5.00 EPS, and carries a consensus "Moderate Buy" analyst rating with an average target of $70.82.
Terex Corporation (NYSE:TEX - Get Free Report) insider Joshua Gross sold 5,874 shares of Terex stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $61.53, for a total transaction of $361,427.22. Following the completion of the transaction, the insider owned 48,706 shares of the company's stock, valued at $2,996,880.18. This represents a 10.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Terex Stock Up 5.2%
Shares of Terex stock opened at $64.11 on Thursday. Terex Corporation has a 52-week low of $38.52 and a 52-week high of $71.50. The company has a 50 day moving average of $61.79 and a 200 day moving average of $57.26. The company has a quick ratio of 1.36, a current ratio of 1.84 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $7.32 billion, a P/E ratio of 30.67, a P/E/G ratio of 1.24 and a beta of 1.57.
Terex (NYSE:TEX - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.20. Terex had a net margin of 1.87% and a return on equity of 13.43%. The company had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.70 billion. During the same quarter last year, the company earned $0.83 earnings per share. The firm's revenue for the quarter was up 41.1% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. As a group, research analysts forecast that Terex Corporation will post 4.81 EPS for the current fiscal year.
Terex Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. Terex's dividend payout ratio (DPR) is presently 32.54%.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on TEX shares. Wells Fargo & Company raised their price objective on shares of Terex from $56.00 to $70.00 and gave the stock an "equal weight" rating in a report on Friday, February 13th. Barclays initiated coverage on Terex in a research report on Tuesday, March 31st. They issued an "overweight" rating and a $65.00 target price for the company. Citigroup upgraded Terex from a "neutral" rating to a "buy" rating and raised their price target for the stock from $73.00 to $75.00 in a research note on Monday, March 9th. Zacks Research upgraded Terex from a "strong sell" rating to a "hold" rating in a research note on Monday, April 13th. Finally, Truist Financial raised their price target on Terex from $72.00 to $82.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $70.82.
Check Out Our Latest Stock Report on Terex
Hedge Funds Weigh In On Terex
Several institutional investors have recently bought and sold shares of the company. UMB Bank n.a. increased its stake in Terex by 15.0% in the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company's stock valued at $77,000 after buying an additional 189 shares during the period. M&T Bank Corp increased its stake in Terex by 3.1% in the 2nd quarter. M&T Bank Corp now owns 7,497 shares of the industrial products company's stock valued at $350,000 after buying an additional 225 shares during the period. Perigon Wealth Management LLC increased its stake in Terex by 2.5% in the 4th quarter. Perigon Wealth Management LLC now owns 9,246 shares of the industrial products company's stock valued at $494,000 after buying an additional 228 shares during the period. Waterfront Wealth Inc. increased its stake in Terex by 0.7% in the 3rd quarter. Waterfront Wealth Inc. now owns 39,694 shares of the industrial products company's stock valued at $2,106,000 after buying an additional 260 shares during the period. Finally, Drum Hill Capital LLC increased its stake in Terex by 0.6% in the 4th quarter. Drum Hill Capital LLC now owns 48,067 shares of the industrial products company's stock valued at $2,566,000 after buying an additional 278 shares during the period. 92.88% of the stock is owned by institutional investors and hedge funds.
Terex Company Profile
(
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.
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