OMERS ADMINISTRATION Corp Invests $889,000 in Terex Corporation $TEX

OMERS ADMINISTRATION Corp bought a new position in shares of Terex Corporation (NYSE:TEX) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 15,043 shares of the industrial products company’s stock, valued at approximately $889,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in Terex by 167.0% during the second quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 369 shares during the last quarter. Strs Ohio bought a new stake in shares of Terex during the first quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Terex in the first quarter valued at approximately $47,000. Capital Advisors Ltd. LLC grew its position in shares of Terex by 856.2% in the first quarter. Capital Advisors Ltd. LLC now owns 851 shares of the industrial products company’s stock valued at $50,000 after purchasing an additional 762 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Terex by 15.0% during the fourth quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company’s stock worth $77,000 after purchasing an additional 189 shares during the period. Institutional investors and hedge funds own 92.88% of the company’s stock.

Terex Price Performance

Shares of NYSE:TEX opened at $62.64 on Friday. The firm has a 50 day moving average of $65.20 and a 200-day moving average of $63.14. Terex Corporation has a 12 month low of $41.70 and a 12 month high of $74.69. 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 stock has a market capitalization of $7.15 billion, a PE ratio of 29.97, a PEG ratio of 1.01 and a beta of 1.49.

Terex (NYSE:TEX) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.14. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.14 billion. Terex had a net margin of 1.87% and a return on equity of 13.43%. The firm’s revenue for the quarter was up 50.5% on a year-over-year basis. During the same quarter last year, the business posted $1.49 EPS. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, equities research analysts predict that Terex Corporation will post 4.85 EPS for the current fiscal year.

Terex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be paid a $0.17 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. Terex’s dividend payout ratio (DPR) is presently 32.54%.

Analysts Set New Price Targets

TEX has been the subject of several research reports. Barclays lifted their price target on Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Truist Financial upped their price objective on Terex from $82.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. increased their price objective on Terex from $69.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Wall Street Zen downgraded Terex from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Citigroup boosted their target price on shares of Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.45.

Insider Activity at Terex

In related news, insider Joshua Gross sold 5,874 shares of the company’s stock in a transaction 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 sale, the insider directly owned 48,706 shares in the company, valued at $2,996,880.18. This represents a 10.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.60% of the company’s stock.

Terex News Summary

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23-$1.25 analyst consensus, while sales of approximately $2.2 billion also exceeded estimates of about $2.14 billion. Terex Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Reported sales increased 50.5% year over year, pro forma sales rose 8.5%, and pro forma bookings grew 25.2%. Terex also raised its 2026 revenue outlook to $7.9 billion-$8.2 billion and adjusted EBITDA guidance to $960 million-$1.0 billion. Terex Reports Second Quarter 2026 Results
• Neutral Sentiment: The company ended the quarter with a $6.9 billion backlog, $1.1 billion in liquidity, and a 12.0% adjusted EBITDA margin. The midpoint of its new EPS guidance, $4.90, is only modestly above the approximately $4.87 analyst consensus, suggesting much of the improvement may already be reflected in expectations. Terex Posts Strong Q2 Results and Raises 2026 Outlook
• Negative Sentiment: GAAP net income increased to $110 million, but reported diluted EPS fell to $0.96 from $1.09 a year earlier; adjusted EPS also declined from $1.49. Net margin remained low at 1.87%, which may temper enthusiasm over the revenue growth. Terex Second Quarter Earnings Results
• Negative Sentiment: Quarterly bookings of $2.0 billion produced a 90% book-to-bill ratio, indicating orders were below shipments and raising concern about near-term demand momentum. In addition, reported insider transactions showed sales and no purchases during the past six months. Terex Q2 Sales Rise 50.5% to $2.2 Billion

Terex 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.