Terex Corporation $TEX Stock: William Blair Investment Management LLC Raises Stake

William Blair Investment Management LLC lifted its stake in Terex Corporation (NYSE:TEX) by 27.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,178,550 shares of the industrial products company’s stock after purchasing an additional 253,937 shares during the quarter. William Blair Investment Management LLC owned 1.05% of Terex worth $61,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Terex during the 2nd quarter valued at about $1,063,541,000. Allspring Global Investments Holdings LLC raised its holdings in Terex by 15,440.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,773,516 shares of the industrial products company’s stock worth $97,437,000 after buying an additional 1,762,104 shares during the last quarter. Freestone Grove Partners LP bought a new position in shares of Terex in the second quarter worth approximately $116,558,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Terex by 11,448.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock worth $73,220,000 after buying an additional 1,228,196 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Terex by 29.4% during the first 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 during the last quarter. Institutional investors own 92.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TEX. JPMorgan Chase & Co. decreased their price objective on shares of Terex from $68.00 to $58.00 and set a “neutral” rating for the company in a report on Thursday, October 8th. Barclays upped their price objective on Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Wells Fargo & Company cut their target price on Terex from $70.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Monday, October 26th. Morgan Stanley reduced their target price on Terex from $86.00 to $84.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Finally, Citigroup decreased their price target on Terex from $80.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $77.10.

Terex Stock Performance

NYSE:TEX traded down $0.70 during trading hours on Friday, reaching $56.86. The company had a trading volume of 1,049,747 shares, compared to its average volume of 1,755,515. The company has a current ratio of 1.76, a quick ratio of 0.92 and a debt-to-equity ratio of 0.52. Terex Corporation has a 52 week low of $41.70 and a 52 week high of $74.69. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 28.72, a PEG ratio of 1.07 and a beta of 1.48. The firm’s 50 day moving average price is $55.83 and its 200-day moving average price is $61.70.

Terex (NYSE:TEX) last released its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.08. The firm had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Terex had a return on equity of 11.79% and a net margin of 2.64%. The company’s revenue was up 58.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 EPS. On average, analysts forecast that Terex Corporation will post 4.92 EPS for the current year.

Terex Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, November 9th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, November 9th. Terex’s dividend payout ratio is 34.34%.

Recent Terex Headlines

Investors following TEX have been watching these headlines:

• Positive Sentiment: Management highlighted growth in its third-quarter earnings call despite industry headwinds. Pro forma orders rose 53% year over year to $2.3 billion, while Terex expects 2026 pro forma sales of $8 billion to $8.2 billion—indications of demand and a sizable order pipeline. Terex: 3 Key Takeaways for Long-Term Investors Terex Earnings Call Highlights Growth Amid Industry Headwinds
• Positive Sentiment: The board approved a $500 million share-buyback authorization. Repurchases can return capital to shareholders and may signal confidence in Terex’s business outlook; a separate report also cited a jump in quarterly sales. Terex stock: Q3 sales jump as board approves USD 500 million buyback
• Neutral Sentiment: Zacks Research made mixed changes to its quarterly earnings forecasts: it raised several estimates for later 2027 and 2028 quarters, but lowered others. The revisions point to an uneven near-term earnings outlook rather than a consistent change in expectations.

About Terex

Terex Corporation designs, manufactures and supports equipment used in construction, infrastructure, utilities, materials processing and environmental services. Its products include aerial work platforms and machinery for crushing, screening, washing and conveying materials, along with equipment for waste handling and other specialized applications. The company sells equipment and aftermarket services worldwide through a portfolio of brands that includes Genie, Powerscreen, Finlay and Terex. Its customers include contractors, equipment rental companies, municipalities and businesses involved in mining, recycling and infrastructure work.