Zacks Research Brokers Boost Earnings Estimates for Terex

Terex Corporation (NYSE:TEX) – Analysts at Zacks Research upped their Q2 2026 earnings per share estimates for shares of Terex in a research note issued to investors on Friday, April 10th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.33 per share for the quarter, up from their previous estimate of $1.22. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s FY2026 earnings at $4.76 EPS, Q1 2027 earnings at $0.96 EPS and Q2 2027 earnings at $1.46 EPS.

Terex (NYSE:TEX) last released its quarterly earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share for the quarter, hitting the consensus estimate of $1.12. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $0.77 EPS. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Several other research firms have also recently weighed in on TEX. Wall Street Zen cut Terex from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 21st. Robert W. Baird set a $100.00 price target on Terex in a report on Thursday, February 12th. Wells Fargo & Company lifted their price target on Terex from $56.00 to $70.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Terex in a report on Wednesday, January 21st. Finally, Citigroup raised Terex from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $73.00 to $75.00 in a report on Monday, March 9th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $70.73.

Terex Stock Performance

NYSE:TEX opened at $63.28 on Tuesday. The stock has a market cap of $7.19 billion, a P/E ratio of 19.00, a PEG ratio of 1.27 and a beta of 1.64. The stock has a 50 day simple moving average of $63.12 and a 200 day simple moving average of $56.33. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 1.23. Terex has a 1-year low of $33.13 and a 1-year high of $71.50.

Terex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.68 annualized dividend and a yield of 1.1%. Terex’s payout ratio is currently 20.42%.

Insiders Place Their Bets

In other Terex news, insider Kieran Hegarty sold 11,980 shares of Terex stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total value of $829,495.20. Following the completion of the transaction, the insider directly owned 173,495 shares of the company’s stock, valued at $12,012,793.80. The trade was a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Terex

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TEX. Millennium Management LLC raised its holdings in Terex by 1,086.3% in the 1st quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company’s stock valued at $9,674,000 after acquiring an additional 234,470 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Terex by 427.2% in the 1st quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock valued at $132,000 after acquiring an additional 2,841 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Terex by 3.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company’s stock valued at $41,263,000 after acquiring an additional 40,077 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Terex by 0.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,210 shares of the industrial products company’s stock valued at $7,375,000 after acquiring an additional 1,597 shares in the last quarter. Finally, Intech Investment Management LLC raised its holdings in Terex by 47.4% in the 1st quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company’s stock valued at $1,719,000 after acquiring an additional 14,629 shares in the last quarter. 92.88% of the stock is owned by institutional investors and hedge funds.

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.