Terex (NYSE:TEX) Updates FY 2026 Earnings Guidance

Terex (NYSE:TEX) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 4.500-5.000 for the period, compared to the consensus earnings per share estimate of 4.800. The company issued revenue guidance of $7.5 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.

Terex Stock Performance

TEX traded down $0.24 during midday trading on Friday, hitting $61.96. 2,127,808 shares of the company were exchanged, compared to its average volume of 1,072,318. The company’s 50 day simple moving average is $62.01 and its 200 day simple moving average is $57.09. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 18.61, a price-to-earnings-growth ratio of 1.26 and a beta of 1.57. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 1.23. Terex has a 1-year low of $37.94 and a 1-year high of $71.50.

Terex (NYSE:TEX) last posted its earnings results 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. Terex had a net margin of 4.08% and a return on equity of 16.51%. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same period in the prior year, the company posted $0.83 EPS. The company’s revenue for the quarter was up 41.1% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. As a group, sell-side analysts predict that Terex will post 4.84 earnings per share for the current year.

Terex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, March 6th. Terex’s dividend payout ratio is presently 20.42%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TEX shares. Barclays started coverage on shares of Terex in a research note on Tuesday, March 31st. They set an “overweight” rating and a $65.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Terex in a research note on Monday, April 20th. Wells Fargo & Company increased their target price on shares of Terex from $56.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Friday, February 13th. Robert W. Baird set a $100.00 target price on shares of Terex in a research note on Thursday, February 12th. Finally, Morgan Stanley reissued an “overweight” rating and set a $83.00 target price on shares of Terex in a research note on Tuesday, February 17th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.73.

Insiders Place Their Bets

In related news, insider Kieran Hegarty sold 11,980 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total value of $829,495.20. Following the transaction, the insider directly owned 173,495 shares of the company’s stock, valued at approximately $12,012,793.80. This trade represents a 6.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Adjusted results and sales exceeded expectations — adjusted EPS of $0.98 topped consensus (~$0.78) and revenue of $1.73B was above estimates, driven by strong year?over?year growth. Article Title
• Positive Sentiment: Order book and backlog strength support near-term visibility — backlog rose to $7.1B with a book?to?bill of 109%, underpinning the company’s reaffirmed outlook. Article Title
• Neutral Sentiment: Company reaffirmed its FY2026 outlook and published a range (EPS $4.50–$5.00; sales $7.5B–$8.1B), giving guidance but leaving room for model variation — investors will watch execution against the midpoint. Article Title
• Negative Sentiment: GAAP results were affected by significant non?cash, merger?related charges — Terex reported an EPS loss from continuing operations (GAAP) of ($0.97), which may concern investors focusing on GAAP profitability. Article Title
• Negative Sentiment: Guidance midpoint slightly below some Street expectations (analyst consensus near ~$4.80 EPS) — that modest gap and conservative revenue range likely tempered investor enthusiasm despite the beat. Article Title

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TEX. Millennium Management LLC lifted its stake in Terex by 1,086.3% in the 1st quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company’s stock valued at $9,674,000 after buying an additional 234,470 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Terex by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock valued at $132,000 after buying an additional 2,841 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Terex by 3.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company’s stock valued at $41,263,000 after buying an additional 40,077 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Terex by 0.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,210 shares of the industrial products company’s stock worth $7,375,000 after purchasing an additional 1,597 shares in the last quarter. Finally, Intech Investment Management LLC lifted its stake in Terex by 47.4% in the 1st quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company’s stock worth $1,719,000 after purchasing an additional 14,629 shares in the last quarter. 92.88% of the stock is owned by hedge funds and other institutional investors.

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.