Terex (NYSE:TEX) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Terex (NYSE:TEX) from a hold rating to a buy rating in a research note published on Saturday morning.

TEX has been the subject of several other reports. JPMorgan Chase & Co. dropped their price target on Terex from $80.00 to $68.00 and set a “neutral” rating for the company in a report on Friday. Citigroup upped their price objective on shares of Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Truist Financial raised their target price on Terex from $92.00 to $96.00 and gave the company a “buy” rating in a report on Friday. Evercore reissued an “outperform” rating and issued a $81.00 target price on shares of Terex in a report on Monday, May 11th. Finally, Barclays raised their price target on shares of Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Terex currently has an average rating of “Moderate Buy” and a consensus price target of $78.73.

Terex Stock Up 1.1%

Shares of TEX opened at $62.89 on Friday. The firm has a market cap of $7.18 billion, a P/E ratio of 32.09, a price-to-earnings-growth ratio of 0.98 and a beta of 1.49. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.88 and a current ratio of 1.82. Terex has a 52 week low of $41.70 and a 52 week high of $74.69. The firm’s 50-day simple moving average is $65.31 and its 200 day simple moving average is $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 the consensus estimate of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.14 billion. During the same period last year, the business posted $1.49 earnings per share. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, analysts forecast that Terex will post 4.88 earnings per share for the current year.

Terex Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors 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 yield of 1.1%. The ex-dividend date is Tuesday, August 11th. Terex’s dividend payout ratio is presently 32.54%.

Insider Transactions at Terex

In other Terex news, insider Joshua Gross sold 5,874 shares of Terex stock in a transaction dated 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 of the company’s stock, valued at approximately $2,996,880.18. The trade was a 10.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Terex

Several institutional investors and hedge funds have recently made changes to their positions in TEX. Wellington Management Group LLP acquired a new position in shares of Terex in the 3rd quarter worth approximately $121,724,000. Invesco Ltd. boosted its stake in shares of Terex by 801.3% in the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after purchasing an additional 1,425,996 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Terex during the fourth quarter worth $69,802,000. Arrowstreet Capital Limited Partnership increased its position in shares of Terex by 11,448.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock worth $73,220,000 after buying an additional 1,228,196 shares during the period. Finally, Dimensional Fund Advisors LP raised 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 worth $262,527,000 after buying an additional 1,008,444 shares during the last quarter. Institutional investors and hedge funds own 92.88% of the company’s stock.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Results exceeded expectations: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23–$1.25 analyst consensus, while revenue reached $2.24 billion versus expectations of approximately $2.14 billion. Sales increased 50.5% year over year, helped by the REV Group acquisition. Terex Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: Management increased its full-year sales forecast to $7.9 billion–$8.2 billion and adjusted EBITDA guidance to $960 million–$1.0 billion. The EPS outlook is $4.70–$5.10, broadly in line with the $4.87 consensus estimate. Terex posts strong Q2 results, raises 2026 outlook
• Positive Sentiment: Demand indicators improved: Pro forma sales rose 8.5%, bookings increased 25.2% year over year, and backlog stood at $6.9 billion. These figures support expectations for continued revenue visibility across Terex’s end markets. Terex Q2 Sales Rise 50.5% to $2.2 Billion
• Positive Sentiment: Analyst support remains: Truist raised its price target to $96 and maintained a “buy” rating, implying substantial potential upside from recent trading levels.
• Neutral Sentiment: REV Group integration: Terex completed its acquisition of REV Group, expanding its specialized vehicle portfolio. The deal adds growth opportunities but also leaves investors focused on integration execution and potential synergies. Terex Completes REV Group Acquisition
• Negative Sentiment: Mixed valuation signals: JPMorgan lowered its price target from $80 to $68 and shifted to a “neutral” rating, suggesting limited upside after the earnings reaction. Reports also highlighted that adjusted EPS declined from $1.49 a year earlier, while recent insider transactions were exclusively sales.

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.