Terex (NYSE:TEX) Hits New 52-Week High After Better-Than-Expected Earnings

Terex Corporation (NYSE:TEX)’s stock price reached a new 52-week high during trading on Wednesday following a better than expected earnings announcement. The company traded as high as $69.65 and last traded at $68.1130, with a volume of 664456 shares changing hands. The stock had previously closed at $59.26.

The industrial products company reported $1.12 EPS for the quarter, hitting the consensus estimate of $1.12. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. Terex had a net margin of 4.08% and a return on equity of 16.51%. Terex’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.77 EPS. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Terex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, March 6th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. Terex’s payout ratio is currently 28.94%.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Truist raised its price target on TEX to $82 and reiterated a Buy rating, implying meaningful upside from current levels; this provides analyst-driven support for the share price. Truist raises PT to $82
• Positive Sentiment: Management is pushing merger synergies from the REV acquisition as a key growth driver and is targeting $930M–$1.0B EBITDA in 2026, signaling meaningful operating leverage if execution stays on track. Merger and EBITDA target
• Positive Sentiment: Q4 results showed EPS of $1.12 (in line with estimates) with revenue up ~6% YoY and bookings strength (bookings +32% YoY), confirming underlying demand across industrial end markets. Q4 and FY‑2025 results
• Positive Sentiment: Board declared a quarterly dividend of $0.17/share, reinforcing shareholder returns and providing a modest yield. Dividend announcement
• Neutral Sentiment: FY‑2026 guidance: EPS range $4.50–$5.00 and sales $7.5B–$8.1B (management cites pro‑forma uplift from REV); the range leaves room for interpretation depending on how investors model integration timing and one‑time items. Guidance in press release
• Neutral Sentiment: Analyst and media deep dives highlight M&A and segment synergies as the chief rationale behind 2026 targets — useful context but dependent on integration execution. Q4 deep dive
• Negative Sentiment: Some outlets flagged mixed reception to the release (reports of revenue “miss” in certain headlines and short‑term profit‑taking), which contributed to intra‑day weakness despite the EPS result. This shows sensitivity to headline interpretations. Coverage of revenue reaction
• Negative Sentiment: Street expectations vary — some note FY EPS guidance below certain estimates or that consensus adjustments are needed; that uncertainty on 2026 earnings cadence can pressure the multiple near‑term. Metrics vs. estimates

Wall Street Analysts Forecast Growth

TEX has been the subject of several analyst reports. UBS Group reduced their target price on Terex from $52.00 to $51.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Wall Street Zen cut shares of Terex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 21st. Morgan Stanley raised shares of Terex from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $47.00 to $60.00 in a report on Wednesday, December 10th. Citigroup reiterated a “neutral” rating on shares of Terex in a report on Thursday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Terex in a report on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Terex has a consensus rating of “Moderate Buy” and an average price target of $65.30.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC lifted its stake in shares of Terex by 1,086.3% in the first quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company’s stock valued at $9,674,000 after buying an additional 234,470 shares during the period. Jones Financial Companies Lllp increased its stake in Terex by 427.2% during the first 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 during the period. 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 lifted its position in shares of 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 worth $7,375,000 after acquiring an additional 1,597 shares during the period. Finally, Intech Investment Management LLC grew its holdings in shares of Terex by 47.4% during the 1st quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company’s stock worth $1,719,000 after purchasing an additional 14,629 shares in the last quarter. Institutional investors own 92.88% of the company’s stock.

Terex Price Performance

The company has a market cap of $4.32 billion, a price-to-earnings ratio of 19.78, a price-to-earnings-growth ratio of 7.16 and a beta of 1.68. The company has a current ratio of 2.30, a quick ratio of 1.20 and a debt-to-equity ratio of 1.23. The company has a fifty day moving average price of $57.38 and a two-hundred day moving average price of $52.75.

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.