Zacks Research Weighs in on Terex’s Q3 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Equities researchers at Zacks Research boosted their Q3 2026 earnings estimates for shares of Terex in a research report issued on Tuesday, April 14th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.42 per share for the quarter, up from their prior estimate of $1.41. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s FY2026 earnings at $4.77 EPS and FY2027 earnings at $5.45 EPS.

TEX has been the topic of several other research reports. Morgan Stanley reiterated an “overweight” rating and issued a $83.00 price target on shares of Terex in a research note on Tuesday, February 17th. Wall Street Zen lowered Terex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 21st. Citigroup upgraded Terex from a “neutral” rating to a “buy” rating and lifted their price target for the company from $73.00 to $75.00 in a research note on Monday, March 9th. Wells Fargo & Company lifted 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Terex in a research note on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $70.73.

Terex Trading Down 1.2%

Shares of TEX opened at $57.96 on Thursday. Terex has a 52-week low of $33.13 and a 52-week high of $71.50. The business’s fifty day moving average is $62.95 and its 200-day moving average is $56.44. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.36 and a current ratio of 2.30. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 1.19 and a beta of 1.64.

Terex (NYSE:TEX) last issued its quarterly earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.12. Terex had a return on equity of 16.51% and a net margin of 4.08%.The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the company posted $0.77 EPS. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Terex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors 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 annualized dividend and a dividend yield of 1.2%. Terex’s dividend payout ratio (DPR) is 20.42%.

Insider Buying and Selling at Terex

In related news, insider Kieran Hegarty sold 11,980 shares of the firm’s stock in a transaction 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 sale, the insider owned 173,495 shares of the company’s stock, valued at $12,012,793.80. This trade represents a 6.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Terex

Several hedge funds have recently modified their holdings of TEX. Wellington Management Group LLP acquired a new stake in shares of Terex during the 3rd quarter valued at $121,724,000. Invesco Ltd. boosted its holdings in shares of Terex by 801.3% during the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after acquiring an additional 1,425,996 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Terex during the 4th quarter valued at $69,802,000. Morgan Stanley lifted its holdings in Terex by 77.2% during the 4th quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock worth $89,094,000 after buying an additional 727,277 shares during the period. Finally, Norges Bank acquired a new position in Terex during the 4th quarter worth about $33,828,000. Institutional investors and hedge funds own 92.88% of the company’s stock.

Key Terex News

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks Research upgraded Terex from “strong sell” to “hold” and nudged several quarterly and annual EPS forecasts higher, signaling improving analyst views on near‑term earnings momentum. Zacks upgrade
• Positive Sentiment: Zacks lifted Q2/Q3 and FY2026–FY2028 EPS estimates by small amounts (examples: Q3 2026 to $1.42, FY2026 to $4.77, FY2027 to $5.45, FY2028 to $6.39), which supports a slightly higher earnings trajectory for TEX if results follow. Zacks coverage
• Neutral Sentiment: Market commentary highlights Terex as a momentum name, but coverage remains mixed and the consensus full‑year estimate (~$4.83) hasn’t seen a material re-rating — meaning analyst optimism is incremental rather than transformative. Momentum article
• Neutral Sentiment: Wells Fargo maintained a “hold” on Terex, reinforcing the cautious tone from major brokers and limiting the likelihood of a strong near-term upgrade-driven rally. Wells Fargo hold
• Negative Sentiment: Some small downward tweaks (e.g., a slight cut to Q4 2026 EPS) and the persistence of a “hold” rating constrain upside — investors may be taking profits after recent gains rather than buying aggressively on marginal estimate revisions.

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.