Terex (NYSE:TEX) Downgraded by Wall Street Zen to Hold

Wall Street Zen downgraded shares of Terex (NYSE:TEX) from a buy rating to a hold rating in a research note released on Saturday morning.

TEX has been the subject of a number of other reports. Wells Fargo & Company upped their price objective on Terex from $56.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. lowered their price objective on Terex from $76.00 to $60.00 and set a “neutral” rating for the company in a research note on Friday, April 10th. Zacks Research upgraded Terex from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Robert W. Baird set a $100.00 price objective on Terex in a research note on Thursday, February 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Terex in a research note on Monday, April 20th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Terex has an average rating of “Moderate Buy” and a consensus target price of $70.82.

Terex Stock Performance

TEX stock opened at $63.53 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.36 and a debt-to-equity ratio of 0.57. The firm has a market cap of $7.26 billion, a P/E ratio of 30.40, a P/E/G ratio of 1.00 and a beta of 1.57. Terex has a 12-month low of $40.83 and a 12-month high of $71.50. The stock’s 50 day simple moving average is $61.67 and its 200 day simple moving average is $57.33.

Terex (NYSE:TEX) last posted its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.20. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.70 billion. Terex had a return on equity of 13.43% and a net margin of 1.87%.The business’s revenue was up 41.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.83 EPS. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. As a group, equities research analysts predict that Terex will post 4.85 EPS for the current year.

Insider Buying and Selling at Terex

In other news, insider Kieran Hegarty sold 11,980 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total value of $829,495.20. Following the completion of the transaction, the insider owned 173,495 shares of the company’s stock, valued at approximately $12,012,793.80. This represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Joshua Gross sold 5,874 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $61.53, for a total value of $361,427.22. Following the completion of the transaction, the insider directly owned 48,706 shares of the company’s stock, valued at approximately $2,996,880.18. The trade was a 10.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of Terex by 56.5% in the first quarter. PNC Financial Services Group Inc. now owns 4,082 shares of the industrial products company’s stock worth $241,000 after purchasing an additional 1,473 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of Terex in the first quarter worth $47,000. Dimensional Fund Advisors LP grew its stake in shares of Terex by 29.4% in the first quarter. Dimensional Fund Advisors LP now owns 4,442,435 shares of the industrial products company’s stock worth $262,527,000 after purchasing an additional 1,008,444 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Terex by 12.4% in the first quarter. Parallel Advisors LLC now owns 3,684 shares of the industrial products company’s stock worth $218,000 after purchasing an additional 407 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Terex by 73.6% in the first quarter. KBC Group NV now owns 3,950 shares of the industrial products company’s stock worth $233,000 after purchasing an additional 1,674 shares in the last quarter. Institutional investors own 92.88% of the company’s stock.

Terex News Summary

Here are the key news stories impacting Terex this week:

• Negative Sentiment: Bank of America Securities downgraded Terex to Sell, signaling concern that the stock may be overvalued or face limited near-term upside. Terex Receives a Sell from Bank of America Securities
• Negative Sentiment: Wall Street Zen downgraded Terex to Hold, adding to the cautious tone around the shares. Wall Street Zen Downgrades Terex to Hold
• Negative Sentiment: KeyCorp cut earnings estimates across several periods, including Q2 2026 (to $1.30 from $1.37), Q3 2026 (to $1.33 from $1.35), Q4 2026 (to $1.19 from $1.24), FY2026 (to $4.84 from $4.87), FY2027 (to $5.33 from $5.44), and FY2028 (to $6.32 from $6.33). Lower profit expectations can weigh on investor sentiment.

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.