Zacks Research upgraded shares of Terex (NYSE:TEX – Free Report) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks.com reports. Zacks Research also issued estimates for Terex’s Q1 2026 earnings at $0.80 EPS, Q1 2026 earnings at $0.81 EPS, Q2 2026 earnings at $1.34 EPS, Q2 2026 earnings at $1.33 EPS, Q3 2026 earnings at $1.41 EPS, Q4 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $4.76 EPS, Q1 2027 earnings at $0.98 EPS, Q1 2027 earnings at $0.96 EPS, Q2 2027 earnings at $1.46 EPS, Q2 2027 earnings at $1.47 EPS, Q3 2027 earnings at $1.52 EPS, Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $5.42 EPS, Q1 2028 earnings at $1.26 EPS, Q1 2028 earnings at $1.22 EPS, FY2028 earnings at $6.39 EPS and FY2028 earnings at $6.33 EPS.
A number of other research firms also recently commented on TEX. Morgan Stanley reaffirmed an “overweight” rating and set a $83.00 target price on shares of Terex in a report on Tuesday, February 17th. JPMorgan Chase & Co. decreased their target price on Terex from $76.00 to $60.00 and set a “neutral” rating for the company in a report on Friday, April 10th. Barclays initiated coverage on Terex in a report on Tuesday, March 31st. They set an “overweight” rating and a $65.00 target price for the company. Truist Financial lifted their target price on Terex from $72.00 to $82.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Robert W. Baird set a $100.00 target price on Terex in a report on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $70.73.
Terex Price Performance
Terex (NYSE:TEX – Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share for the quarter, hitting the consensus estimate of $1.12. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company earned $0.77 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. As a group, equities analysts expect that Terex will post 4.83 EPS for the current fiscal year.
Terex Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, March 6th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, March 6th. Terex’s dividend payout ratio (DPR) is currently 20.42%.
Insiders Place Their Bets
In related news, insider Kieran Hegarty sold 11,980 shares of Terex stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the completion of the transaction, the insider directly owned 173,495 shares in the company, valued at approximately $12,012,793.80. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. raised its position in Terex by 31.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,773 shares of the industrial products company’s stock valued at $95,000 after acquiring an additional 427 shares in the last quarter. Corient Private Wealth LLC purchased a new position in Terex during the fourth quarter valued at approximately $250,000. Invesco Ltd. raised its position in Terex by 1.0% during the fourth quarter. Invesco Ltd. now owns 1,620,342 shares of the industrial products company’s stock valued at $86,494,000 after acquiring an additional 16,377 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Terex by 18.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,231 shares of the industrial products company’s stock valued at $333,000 after acquiring an additional 983 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in Terex during the fourth quarter valued at approximately $108,000. 92.88% of the stock is currently owned by hedge funds and other institutional investors.
More Terex News
Here are the key news stories impacting Terex this week:
- Positive Sentiment: Zacks published a positive take calling Terex a “top momentum stock” for long‑term investors, highlighting favorable style/momentum metrics that can attract growth/momentum flows. Why Terex (TEX) is a Top Momentum Stock for the Long-Term
- Positive Sentiment: Zacks upgraded Terex from “Strong Sell” to “Hold” (reported 4/15), which removes a deep negative label and can reduce downside pressure from sell‑side headlines. TickerReport: Zacks upgrade
- Positive Sentiment: Zacks raised several near‑term and long‑term EPS forecasts (multiple notes on 4/14–4/15): small upward revisions to Q1/Q2 2026, Q1/Q2 2027, Q1 2028 and a larger raise to FY2028 (now $6.39 vs prior $6.33). Better modelled earnings ahead can support higher valuation expectations if trends continue. MarketBeat: Zacks research summaries
- Neutral Sentiment: Despite the EPS upgrades, Zacks’ public stance is cautious — the firm now shows a “Hold” rating rather than a Buy, so the upgrades are tempered by a neutral recommendation that may limit strong buying interest. Zacks.com
- Negative Sentiment: Zacks also trimmed some near‑term forecasts and previously maintained “Strong Sell” language in earlier notes; they cut FY2026 slightly (to $4.76 from $4.79) and reduced Q4 2026 by $0.01 — mixed/downward tweaks that can keep some investors cautious. MarketBeat: research changes
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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