Front Street Capital Management Inc. Sells 16,855 Shares of Terex Corporation $TEX

Front Street Capital Management Inc. trimmed its stake in Terex Corporation (NYSE:TEX) by 7.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 222,144 shares of the industrial products company’s stock after selling 16,855 shares during the quarter. Terex makes up 1.7% of Front Street Capital Management Inc.’s holdings, making the stock its 21st biggest position. Front Street Capital Management Inc.’s holdings in Terex were worth $13,129,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in shares of Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 369 shares during the last quarter. Strs Ohio purchased a new position in Terex in the first quarter valued at approximately $30,000. Essential Partners LLC lifted its stake in Terex by 171.2% in the first quarter. Essential Partners LLC now owns 564 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 356 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in Terex during the first quarter valued at $47,000. Finally, Capital Advisors Ltd. LLC grew its holdings in Terex by 856.2% during the first quarter. Capital Advisors Ltd. LLC now owns 851 shares of the industrial products company’s stock valued at $50,000 after purchasing an additional 762 shares during the period. 92.88% of the stock is owned by institutional investors.

Insider Activity at Terex

In other news, insider Joshua Gross sold 5,874 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 in the company, valued at approximately $2,996,880.18. This trade represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.60% of the company’s stock.

Terex Price Performance

Shares of NYSE TEX opened at $62.64 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.88 and a current ratio of 1.84. Terex Corporation has a fifty-two week low of $41.70 and a fifty-two week high of $74.69. The stock has a market cap of $7.15 billion, a PE ratio of 29.97, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. The stock has a fifty day moving average of $65.20 and a 200-day moving average of $63.14.

Terex (NYSE:TEX) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. Terex had a return on equity of 13.43% and a net margin of 1.87%.The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter in the prior year, the firm posted $1.49 EPS. The firm’s quarterly revenue was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Equities research analysts anticipate that Terex Corporation will post 4.85 earnings per share for the current year.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s dividend payout ratio is presently 32.54%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Morgan Stanley restated an “overweight” rating and issued a $84.00 target price on shares of Terex in a research note on Wednesday, May 6th. Raymond James Financial raised Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a report on Monday, May 11th. Zacks Research upgraded Terex from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Evercore reaffirmed an “outperform” rating and set a $81.00 price objective on shares of Terex in a report on Monday, May 11th. Finally, Truist Financial lifted their target price on shares of Terex from $82.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $79.45.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23-$1.25 analyst consensus, while sales of approximately $2.2 billion also exceeded estimates of about $2.14 billion. Terex Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Reported sales increased 50.5% year over year, pro forma sales rose 8.5%, and pro forma bookings grew 25.2%. Terex also raised its 2026 revenue outlook to $7.9 billion-$8.2 billion and adjusted EBITDA guidance to $960 million-$1.0 billion. Terex Reports Second Quarter 2026 Results
• Neutral Sentiment: The company ended the quarter with a $6.9 billion backlog, $1.1 billion in liquidity, and a 12.0% adjusted EBITDA margin. The midpoint of its new EPS guidance, $4.90, is only modestly above the approximately $4.87 analyst consensus, suggesting much of the improvement may already be reflected in expectations. Terex Posts Strong Q2 Results and Raises 2026 Outlook
• Negative Sentiment: GAAP net income increased to $110 million, but reported diluted EPS fell to $0.96 from $1.09 a year earlier; adjusted EPS also declined from $1.49. Net margin remained low at 1.87%, which may temper enthusiasm over the revenue growth. Terex Second Quarter Earnings Results
• Negative Sentiment: Quarterly bookings of $2.0 billion produced a 90% book-to-bill ratio, indicating orders were below shipments and raising concern about near-term demand momentum. In addition, reported insider transactions showed sales and no purchases during the past six months. Terex Q2 Sales Rise 50.5% to $2.2 Billion

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.