Terex Corp. (NYSE:TEX) VP Eric I. Cohen sold 1,494 shares of Terex Corp. stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $29.00, for a total transaction of $43,326.00. Following the completion of the transaction, the vice president now owns 196,136 shares in the company, valued at $5,687,944. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eric I. Cohen also recently made the following trade(s):

  • On Thursday, November 10th, Eric I. Cohen sold 9,749 shares of Terex Corp. stock. The shares were sold at an average price of $26.44, for a total transaction of $257,763.56.

Terex Corp. (NYSE:TEX) traded up 5.52% during mid-day trading on Thursday, reaching $30.96. The company’s stock had a trading volume of 1,861,946 shares. Terex Corp. has a 1-year low of $13.62 and a 1-year high of $31.01. The firm has a 50-day moving average of $25.38 and a 200 day moving average of $23.58. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 31.53 and a beta of 2.34.

Terex Corp. (NYSE:TEX) last posted its earnings results on Tuesday, November 1st. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.22 by $0.03. Terex Corp. had a net margin of 2.01% and a return on equity of 7.39%. The firm earned $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company posted $0.44 EPS. Terex Corp.’s revenue for the quarter was down 15.9% compared to the same quarter last year. Equities analysts expect that Terex Corp. will post $0.77 earnings per share for the current year.

Insider Buying and Selling by Quarter for Terex Corp. (NYSE:TEX)

The business also recently declared a quarterly dividend, which will be paid on Monday, December 19th. Investors of record on Thursday, November 10th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Tuesday, November 8th. Terex Corp.’s dividend payout ratio (DPR) is currently 28.57%.

A number of equities analysts recently weighed in on the stock. CLSA lowered shares of Terex Corp. from a “buy” rating to an “underperform” rating in a research report on Friday, November 18th. Clsa Americas downgraded Terex Corp. from a “buy” rating to an “underperform” rating in a report on Friday, November 18th. downgraded Terex Corp. from a “buy” rating to an “underperform” rating in a report on Friday, November 18th. Barclays PLC downgraded Terex Corp. from an “equal weight” rating to an “underweight” rating and set a $20.00 target price for the company. in a report on Monday, October 24th. Finally, Bank of America Corp. raised Terex Corp. from an “underperform” rating to a “buy” rating and raised their target price for the company from $21.00 to $29.00 in a report on Friday, October 14th. Six research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $24.50.

Several large investors have recently modified their holdings of the stock. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Terex Corp. by 3,431.8% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 3,002 shares of the company’s stock valued at $413,000 after buying an additional 2,917 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Terex Corp. by 10.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,170 shares of the company’s stock valued at $106,000 after buying an additional 407 shares during the period. Riverhead Capital Management LLC bought a new stake in shares of Terex Corp. during the third quarter valued at about $132,000. BOKF NA boosted its stake in shares of Terex Corp. by 97.1% in the second quarter. BOKF NA now owns 5,237 shares of the company’s stock valued at $107,000 after buying an additional 2,580 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of Terex Corp. by 47.5% in the third quarter. Sei Investments Co. now owns 5,284 shares of the company’s stock valued at $135,000 after buying an additional 1,701 shares during the period. Institutional investors and hedge funds own 84.20% of the company’s stock.

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Terex Corp. Company Profile

Terex Corporation is a lifting and material handling solutions company. The Company is focused on providing its operations and delivering solutions for a range of commercial applications, including the construction, infrastructure, mining, manufacturing, transportation, energy and utility industries.

5 Day Chart for NYSE:TEX

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