Terex Corporation (NYSE:TEX) insider John D. Sheehan bought 339 shares of the business’s stock in a transaction on Friday, July 7th. The shares were acquired at an average price of $36.84 per share, with a total value of $12,488.76. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

John D. Sheehan also recently made the following trade(s):

  • On Thursday, May 4th, John D. Sheehan bought 376 shares of Terex Corporation stock. The shares were acquired at an average price of $33.28 per share, with a total value of $12,513.28.

Shares of Terex Corporation (TEX) traded up 1.78% during midday trading on Tuesday, reaching $37.83. 1,284,688 shares of the company were exchanged. The company has a 50 day moving average price of $34.38 and a 200-day moving average price of $32.52. Terex Corporation has a 12-month low of $19.72 and a 12-month high of $37.99. The stock’s market capitalization is $3.69 billion.

Terex Corporation (NYSE:TEX) last posted its quarterly earnings results on Wednesday, May 3rd. The industrial products company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.08. Terex Corporation had a positive return on equity of 5.90% and a negative net margin of 2.53%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $926.31 million. On average, analysts forecast that Terex Corporation will post $0.96 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 19th. Shareholders of record on Friday, June 9th were paid a $0.08 dividend. The ex-dividend date was Wednesday, June 7th. This represents a $0.32 annualized dividend and a yield of 0.85%. Terex Corporation’s payout ratio is -29.63%.

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A number of equities analysts have weighed in on the stock. Goldman Sachs Group, Inc. (The) lowered shares of Terex Corporation from a “buy” rating to a “neutral” rating and set a $37.00 target price for the company. in a research report on Thursday, June 15th. Credit Suisse Group reiterated a “buy” rating and set a $38.00 target price on shares of Terex Corporation in a research report on Thursday, April 13th. J P Morgan Chase & Co upgraded shares of Terex Corporation from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $30.00 to $47.00 in a research report on Tuesday, April 25th. Seaport Global Securities increased their target price on shares of Terex Corporation from $30.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, May 4th. Finally, BidaskClub upgraded shares of Terex Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $34.63.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in Terex Corporation by 11,851.5% in the first quarter. BlackRock Inc. now owns 8,449,356 shares of the industrial products company’s stock valued at $265,310,000 after buying an additional 8,378,659 shares during the last quarter. Vanguard Group Inc. increased its position in Terex Corporation by 0.3% in the first quarter. Vanguard Group Inc. now owns 7,999,378 shares of the industrial products company’s stock worth $251,180,000 after buying an additional 22,797 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Terex Corporation by 17.1% in the first quarter. Dimensional Fund Advisors LP now owns 6,444,169 shares of the industrial products company’s stock worth $202,346,000 after buying an additional 943,237 shares in the last quarter. Alliancebernstein L.P. increased its position in Terex Corporation by 160.8% in the first quarter. Alliancebernstein L.P. now owns 3,095,591 shares of the industrial products company’s stock worth $97,202,000 after buying an additional 1,908,447 shares in the last quarter. Finally, State Street Corp increased its position in Terex Corporation by 1.1% in the first quarter. State Street Corp now owns 2,746,795 shares of the industrial products company’s stock worth $86,251,000 after buying an additional 30,608 shares in the last quarter. Institutional investors and hedge funds own 91.46% of the company’s stock.

Terex Corporation Company Profile

Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work Platforms (AWP), Cranes and Materials Processing (MP). It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, utility, quarrying and mining industries.

Insider Buying and Selling by Quarter for Terex Corporation (NYSE:TEX)

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