Terex Corporation $TEX Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its position in shares of Terex Corporation (NYSE:TEX) by 49.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,053 shares of the industrial products company’s stock after buying an additional 10,600 shares during the quarter. Handelsbanken Fonder AB’s holdings in Terex were worth $2,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TEX. Contravisory Investment Management Inc. boosted its position in Terex by 2,744.5% during the second quarter. Contravisory Investment Management Inc. now owns 136,535 shares of the industrial products company’s stock worth $9,884,000 after acquiring an additional 131,735 shares during the last quarter. GAMMA Investing LLC raised its holdings in Terex by 7.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,290 shares of the industrial products company’s stock valued at $166,000 after acquiring an additional 161 shares during the last quarter. Moody National Bank Trust Division lifted its stake in shares of Terex by 8.8% during the 2nd quarter. Moody National Bank Trust Division now owns 27,850 shares of the industrial products company’s stock worth $2,016,000 after purchasing an additional 2,262 shares during the period. CoreCap Advisors LLC lifted its stake in shares of Terex by 65,166.7% during the 2nd quarter. CoreCap Advisors LLC now owns 1,958 shares of the industrial products company’s stock worth $142,000 after purchasing an additional 1,955 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Terex by 12.4% during 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 during the last quarter. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported second-quarter EPS of $1.37, exceeding the $1.23 consensus estimate, while revenue of $2.24 billion also topped expectations. Management subsequently lifted its outlook during the earnings call, supporting investor confidence in demand and execution. Terex Corporation Lifts Outlook After Strong Earnings Call
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $4.87 from $4.81, increased its Q4 2026 estimate to $1.20, and lifted its FY2028 forecast to $6.31 from $6.27. These revisions indicate expectations for improving earnings over the longer term. Terex analyst estimate revisions
• Neutral Sentiment: The latest estimates put Terex’s FY2026 EPS at $4.87, close to the company’s guidance range of $4.70 to $5.10 but slightly below the broader consensus estimate of $4.96. The stock is trading near the upper portion of its 52-week range, making continued earnings delivery important for valuation support.
• Negative Sentiment: Zacks lowered its Q1 2027 EPS forecast to $1.08 from $1.15 and cut its Q3 2027 forecast to $1.53 from $1.59. A separate Zacks report characterized its Q3 earnings outlook as pessimistic, signaling potential near-term concerns despite the stronger current results. Zacks Research Has Pessimistic Outlook of Terex Q3 Earnings

Terex Trading Up 0.1%

Shares of TEX opened at $67.98 on Monday. Terex Corporation has a twelve month low of $41.70 and a twelve month high of $74.69. The firm has a market capitalization of $7.77 billion, a P/E ratio of 34.69, a price-to-earnings-growth ratio of 1.04 and a beta of 1.51. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54. The stock’s fifty day simple moving average is $66.65 and its 200 day simple moving average is $63.60.

Terex (NYSE:TEX) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.14 billion. Terex had a return on equity of 12.24% and a net margin of 2.23%.The firm’s quarterly revenue was up 50.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, equities research analysts forecast that Terex Corporation will post 4.97 earnings per share for the current year.

Terex Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. Terex’s payout ratio is presently 34.69%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on TEX shares. Barclays lifted 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. JPMorgan Chase & Co. decreased their price target on Terex from $80.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Wall Street Zen upgraded Terex from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Citigroup upped their price objective on shares of Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $78.91.

Terex Profile

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.