Q2 Earnings Forecast for Terex Issued By KeyCorp (NYSE:TEX)

Terex Corporation (NYSE:TEX) – KeyCorp decreased their Q2 2026 earnings per share (EPS) estimates for shares of Terex in a report released on Monday, May 4th. KeyCorp analyst S. Barger now anticipates that the industrial products company will post earnings of $1.30 per share for the quarter, down from their prior forecast of $1.37. The consensus estimate for Terex’s current full-year earnings is $4.82 per share. KeyCorp also issued estimates for Terex’s Q3 2026 earnings at $1.33 EPS, Q4 2026 earnings at $1.19 EPS, FY2026 earnings at $4.84 EPS, FY2027 earnings at $5.33 EPS and FY2028 earnings at $6.32 EPS.

Terex (NYSE:TEX) last posted its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.20. Terex had a return on equity of 13.43% and a net margin of 1.87%.The company had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the business earned $0.83 EPS. Terex’s revenue was up 41.1% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.000 EPS.

TEX has been the subject of several other reports. Robert W. Baird set a $100.00 target price on Terex in a report on Thursday, February 12th. Barclays started coverage on Terex in a report on Tuesday, March 31st. They issued an “overweight” rating and a $65.00 target price for the company. Zacks Research upgraded Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Morgan Stanley reiterated an “overweight” rating and issued a $84.00 target price on shares of Terex in a report on Wednesday. Finally, Wells Fargo & Company boosted their price target on Terex from $56.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $70.82.

Terex Price Performance

TEX opened at $62.80 on Friday. The business has a fifty day moving average of $61.67 and a 200 day moving average of $57.33. Terex has a 52-week low of $39.27 and a 52-week high of $71.50. 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 stock has a market cap of $7.17 billion, a P/E ratio of 30.05, a PEG ratio of 1.31 and a beta of 1.57.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in Terex by 29.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,442,435 shares of the industrial products company’s stock valued at $262,527,000 after buying an additional 1,008,444 shares in the last quarter. Wellington Management Group LLP increased its position in Terex by 17.9% during the 4th quarter. Wellington Management Group LLP now owns 2,798,109 shares of the industrial products company’s stock valued at $149,363,000 after buying an additional 425,322 shares in the last quarter. Morgan Stanley increased its position in Terex by 77.2% during the 4th quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock valued at $89,094,000 after buying an additional 727,277 shares in the last quarter. Invesco Ltd. increased its position in Terex by 1.0% during the 4th quarter. Invesco Ltd. now owns 1,620,342 shares of the industrial products company’s stock valued at $86,494,000 after buying an additional 16,377 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Terex by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,616,942 shares of the industrial products company’s stock valued at $86,326,000 after buying an additional 6,707 shares in the last quarter. 92.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Terex

In related news, insider Kieran Hegarty sold 11,980 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the transaction, the insider directly owned 173,495 shares of the company’s stock, valued at $12,012,793.80. This represents a 6.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Joshua Gross sold 5,874 shares of the company’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 $2,996,880.18. This represents a 10.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.90% of the company’s stock.

About Terex

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.