KeyCorp Weighs in on Terex’s FY2026 Earnings (NYSE:TEX)

Terex Co. (NYSE:TEX) – Research analysts at KeyCorp issued their FY2026 earnings per share (EPS) estimates for shares of Terex in a note issued to investors on Thursday, January 23rd. KeyCorp analyst S. Barger forecasts that the industrial products company will post earnings per share of $6.36 for the year. The consensus estimate for Terex’s current full-year earnings is $6.08 per share.

Terex (NYSE:TEX) last posted its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.15. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Terex had a net margin of 9.08% and a return on equity of 24.92%. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.75 earnings per share.

Several other analysts have also weighed in on TEX. Citigroup lowered their price objective on Terex from $57.00 to $48.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. Truist Financial reduced their price objective on Terex from $65.00 to $58.00 and set a “buy” rating on the stock in a research note on Thursday, December 19th. JPMorgan Chase & Co. lowered their target price on shares of Terex from $59.00 to $52.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Finally, Robert W. Baird reduced their price target on shares of Terex from $65.00 to $55.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $56.63.

Terex Price Performance

TEX opened at $47.12 on Monday. The company has a market capitalization of $3.15 billion, a P/E ratio of 6.88, a PEG ratio of 4.49 and a beta of 1.55. The company has a 50-day moving average of $48.80 and a 200-day moving average of $52.68. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.16 and a current ratio of 2.39. Terex has a 1-year low of $43.50 and a 1-year high of $68.08.

Institutional Trading of Terex

A number of hedge funds and other institutional investors have recently made changes to their positions in TEX. Envestnet Asset Management Inc. raised its holdings in Terex by 10.5% during the second quarter. Envestnet Asset Management Inc. now owns 100,408 shares of the industrial products company’s stock worth $5,506,000 after purchasing an additional 9,530 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Terex by 177.4% in the second quarter. Hsbc Holdings PLC now owns 14,670 shares of the industrial products company’s stock valued at $799,000 after buying an additional 9,382 shares during the period. Intech Investment Management LLC bought a new position in Terex during the second quarter valued at about $262,000. Squarepoint Ops LLC grew its holdings in Terex by 172.8% during the second quarter. Squarepoint Ops LLC now owns 52,883 shares of the industrial products company’s stock worth $2,900,000 after acquiring an additional 33,501 shares during the period. Finally, AXA S.A. raised its position in Terex by 1.7% in the second quarter. AXA S.A. now owns 75,182 shares of the industrial products company’s stock worth $4,123,000 after acquiring an additional 1,282 shares in the last quarter. 92.88% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Simon Meester sold 9,877 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $51.14, for a total value of $505,109.78. Following the completion of the transaction, the chief executive officer now owns 127,858 shares of the company’s stock, valued at approximately $6,538,658.12. This represents a 7.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director David A. Sachs acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were bought at an average price of $51.30 per share, for a total transaction of $513,000.00. Following the completion of the purchase, the director now owns 107,500 shares of the company’s stock, valued at approximately $5,514,750. This represents a 10.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.90% of the stock is owned by insiders.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.