Terex Corporation $TEX Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of Terex Corporation (NYSE:TEX) by 586.0% during the first quarter, Holdings Channel reports. The fund owned 274,621 shares of the industrial products company’s stock after purchasing an additional 234,589 shares during the quarter. SG Americas Securities LLC’s holdings in Terex were worth $16,230,000 as of its most recent SEC filing.

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

Terex Price Performance

Shares of NYSE TEX opened at $74.52 on Friday. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 35.66, a price-to-earnings-growth ratio of 1.09 and a beta of 1.53. Terex Corporation has a twelve month low of $41.70 and a twelve month high of $74.69. The business has a 50 day simple moving average of $62.17 and a 200-day simple moving average of $60.84.

Terex (NYSE:TEX) last announced its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.20. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Terex had a return on equity of 13.43% and a net margin of 1.87%.The firm’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same period last year, the business posted $0.83 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. As a group, equities research analysts expect that Terex Corporation will post 4.87 earnings per share for the current year.

Terex Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, June 8th. Terex’s dividend payout ratio is 32.54%.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: DA Davidson upgraded Terex to “strong-buy” and set an $81 price target, implying additional upside from recent trading levels. The Fly report
• Positive Sentiment: Zacks Research raised its earnings forecasts for FY2026, FY2027, FY2028 and Q1 2028, signaling improved expectations for Terex’s profitability over the next few years.
• Neutral Sentiment: One article compared Terex’s Q1 results with peers in heavy machinery, keeping investor focus on how the company stacks up versus the broader sector. MSN article
• Neutral Sentiment: Zacks maintained a Hold rating even while nudging estimates higher, suggesting analysts see steady fundamentals but are not universally bullish.

Insider Activity

In other news, insider Joshua Gross sold 5,874 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $61.53, for a total value of $361,427.22. Following the transaction, the insider directly owned 48,706 shares in the company, valued at approximately $2,996,880.18. This trade represents a 10.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TEX. Raymond James Financial raised shares of Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price target for the company in a research report on Monday, May 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a report on Monday, April 20th. Evercore reiterated an “outperform” rating and set a $81.00 price objective on shares of Terex in a research note on Monday, May 11th. Zacks Research raised shares of Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Finally, DA Davidson upgraded shares of Terex to a “strong-buy” rating and set a $81.00 target price on the stock in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $75.82.

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.