Denali Advisors LLC Buys New Stake in Terex Corporation $TEX

Denali Advisors LLC purchased a new position in Terex Corporation (NYSE:TEX) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 31,353 shares of the industrial products company’s stock, valued at approximately $1,674,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TEX. Smartleaf Asset Management LLC grew its position in Terex by 565.8% during the third quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company’s stock valued at $25,000 after buying an additional 413 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Terex by 167.0% in the second quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 369 shares during the period. Strs Ohio acquired a new stake in shares of Terex in the first quarter valued at about $30,000. Hantz Financial Services Inc. lifted its stake in shares of Terex by 137.8% in the third quarter. Hantz Financial Services Inc. now owns 1,641 shares of the industrial products company’s stock worth $84,000 after buying an additional 951 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Terex by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock worth $132,000 after buying an additional 2,841 shares in the last quarter. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Insider Buying and Selling at Terex

In related news, insider Kieran Hegarty sold 11,980 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the transaction, the insider directly owned 173,495 shares in the company, valued at $12,012,793.80. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Joshua Gross sold 5,874 shares of Terex stock in a transaction 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 sale, the insider directly owned 48,706 shares in the company, valued at $2,996,880.18. The trade was a 10.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.90% of the company’s stock.

Terex News Roundup

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex’s latest quarterly results beat expectations, with EPS of $0.98 versus $0.78 expected and revenue of $1.73 billion topping estimates, reinforcing the company’s operating momentum.
• Positive Sentiment: Management’s FY2026 EPS guidance of $4.50 to $5.00 remains solid and suggests the company still expects healthy profitability despite a cautious macro backdrop.
• Neutral Sentiment: KeyCorp trimmed its earnings forecasts for Terex across several periods, including Q2, Q3, Q4 2026 and FY2027/FY2028, but the revisions were modest and still leave estimates near consensus.
• Negative Sentiment: Wall Street Zen downgraded Terex to Hold, adding to the cautious tone around the stock. Wall Street Zen Downgrades Terex (NYSE:TEX) to Hold
• Negative Sentiment: Bank of America Securities also issued a Sell rating, and insider selling by Joshua Gross may be viewed as another mild negative for investor sentiment.

Terex Stock Up 1.1%

TEX opened at $63.53 on Friday. The firm has a 50 day moving average price of $61.67 and a 200 day moving average price of $57.33. The company has a market cap of $7.26 billion, a PE ratio of 30.40, a price-to-earnings-growth ratio of 0.99 and a beta of 1.57. Terex Corporation has a 1 year low of $40.83 and a 1 year high of $71.50. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.36 and a current ratio of 1.84.

Terex (NYSE:TEX) last issued its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.20. Terex had a net margin of 1.87% and a return on equity of 13.43%. The company had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter last year, the company earned $0.83 earnings per share. Terex’s revenue for the quarter was up 41.1% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. Sell-side analysts expect that Terex Corporation will post 4.82 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on TEX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a research note on Monday, April 20th. Zacks Research upgraded shares of Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Citigroup upgraded shares of Terex from a “neutral” rating to a “buy” rating and upped their target price for the company from $73.00 to $75.00 in a report on Monday, March 9th. Wall Street Zen cut shares of Terex from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Truist Financial upped their price target on shares of Terex from $72.00 to $82.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Terex has a consensus rating of “Moderate Buy” and an average price target of $70.82.

Terex 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.