Zacks Research Forecasts Terex’s FY2026 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Investment analysts at Zacks Research lifted their FY2026 EPS estimates for Terex in a research note issued to investors on Tuesday, June 23rd. Zacks Research analyst Team now expects that the industrial products company will post earnings of $4.83 per share for the year, up from their previous estimate of $4.82. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for Terex’s FY2027 earnings at $5.82 EPS and FY2028 earnings at $6.29 EPS.

Several other research analysts have also recently commented on TEX. Morgan Stanley restated an “overweight” rating and issued a $84.00 target price on shares of Terex in a research report on Wednesday, May 6th. Wall Street Zen downgraded Terex from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. DA Davidson raised Terex to a “strong-buy” rating in a report on Wednesday. Evercore reissued an “outperform” rating and issued a $81.00 price objective on shares of Terex in a report on Monday, May 11th. Finally, Citigroup upgraded Terex from a “neutral” rating to a “buy” rating and raised their target price for the company from $73.00 to $75.00 in a research report on Monday, March 9th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $75.82.

Terex Trading Up 3.1%

Shares of NYSE:TEX opened at $70.03 on Thursday. The company has a market cap of $8.00 billion, a PE ratio of 33.51, a P/E/G ratio of 1.06 and a beta of 1.53. The company’s 50-day moving average price is $61.96 and its 200 day moving average price is $60.67. Terex has a fifty-two week low of $41.70 and a fifty-two week high of $71.50. The company has a quick ratio of 0.88, a current ratio of 1.84 and a debt-to-equity ratio of 0.57.

Terex (NYSE:TEX) last released its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.78 by $0.20. Terex had a net margin of 1.87% and a return on equity of 13.43%. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same quarter in the prior year, the firm earned $0.83 earnings per share. The company’s quarterly revenue was up 41.1% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.000 EPS.

Institutional Trading of Terex

Several institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in 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 in the last quarter. Wellington Management Group LLP raised its position in Terex by 17.9% in the fourth quarter. Wellington Management Group LLP now owns 2,798,109 shares of the industrial products company’s stock worth $149,363,000 after acquiring an additional 425,322 shares in the last quarter. Morgan Stanley lifted its holdings in Terex by 77.2% in the 4th quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock valued at $89,094,000 after acquiring an additional 727,277 shares during the last quarter. Invesco Ltd. lifted its holdings in Terex by 1.0% in the 4th quarter. Invesco Ltd. now owns 1,620,342 shares of the industrial products company’s stock valued at $86,494,000 after acquiring an additional 16,377 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Terex by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,616,942 shares of the industrial products company’s stock valued at $86,326,000 after acquiring an additional 6,707 shares during the last quarter. Institutional investors and hedge funds own 92.88% of the company’s stock.

Insider Transactions at Terex

In other news, insider Joshua Gross sold 5,874 shares of Terex stock in a transaction on Monday, May 4th. The stock was sold at an average price of $61.53, for a total transaction of $361,427.22. Following the transaction, the insider directly owned 48,706 shares in the company, valued at approximately $2,996,880.18. This trade represents a 10.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, June 8th. Terex’s dividend payout ratio (DPR) is presently 32.54%.

Terex Company 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.