Terex (NYSE:TEX) Price Target Lowered to $68.00 at JPMorgan Chase & Co.

Terex (NYSE:TEX) had its price objective reduced by JPMorgan Chase & Co. from $80.00 to $68.00 in a report published on Friday,Benzinga reports. They currently have a neutral rating on the industrial products company’s stock.

A number of other research firms also recently weighed in on TEX. Zacks Research upgraded shares of Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Citigroup upped their price objective on shares of Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Evercore reissued an “outperform” rating and set a $81.00 target price on shares of Terex in a research report on Monday, May 11th. Raymond James Financial raised shares of Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 target price on the stock in a research report on Monday, May 11th. Finally, DA Davidson assumed coverage on Terex in a report on Wednesday, June 24th. They set a “strong-buy” rating and a $81.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Terex presently has an average rating of “Moderate Buy” and an average target price of $78.73.

Terex Trading Up 1.1%

NYSE:TEX opened at $62.89 on Friday. The stock’s 50 day moving average price is $65.31 and its 200 day moving average price is $63.14. Terex has a 52 week low of $41.70 and a 52 week high of $74.69. The company has a market capitalization of $7.18 billion, a P/E ratio of 32.09, a P/E/G ratio of 0.97 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 (NYSE:TEX) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.14. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.14 billion. Terex had a net margin of 2.23% and a return on equity of 12.24%. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, research analysts forecast that Terex will post 4.85 EPS for the current fiscal year.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be given a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. Terex’s dividend payout ratio (DPR) is currently 32.54%.

Insider Buying and Selling at Terex

In related news, insider Joshua Gross sold 5,874 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $61.53, for a total transaction of $361,427.22. Following the completion of the sale, the insider directly owned 48,706 shares of the company’s stock, valued at approximately $2,996,880.18. This represents a 10.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP acquired a new position in Terex during the 3rd quarter worth $121,724,000. Invesco Ltd. boosted its holdings in Terex by 801.3% during the third quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after acquiring an additional 1,425,996 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Terex in the fourth quarter valued at about $69,802,000. Arrowstreet Capital Limited Partnership grew its position in shares of Terex by 11,448.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock valued at $73,220,000 after purchasing an additional 1,228,196 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Terex by 29.4% in 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 purchasing an additional 1,008,444 shares during the period. Institutional investors own 92.88% of the company’s stock.

Key Terex News

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.