68,526 Shares in Terex Corporation $TEX Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Terex Corporation (NYSE:TEX) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 68,526 shares of the industrial products company’s stock, valued at approximately $4,961,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TEX. BlackRock Inc. bought a new position in shares of Terex during the second quarter valued at $1,063,541,000. Dimensional Fund Advisors LP grew 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 last quarter. Wellington Management Group LLP grew its stake in shares of Terex by 17.9% in the fourth quarter. Wellington Management Group LLP now owns 2,798,109 shares of the industrial products company’s stock worth $149,363,000 after purchasing an additional 425,322 shares during the last quarter. Morgan Stanley increased its holdings in Terex by 77.2% in the fourth quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock valued at $89,094,000 after purchasing an additional 727,277 shares during the period. Finally, Invesco Ltd. increased its holdings in Terex by 1.0% in the fourth quarter. Invesco Ltd. now owns 1,620,342 shares of the industrial products company’s stock valued at $86,494,000 after purchasing an additional 16,377 shares during the period. 92.88% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks Research raised several earnings forecasts. The firm increased its Q3 2026 EPS estimate to $1.34 from $1.32, Q3 2027 EPS to $1.59 from $1.53, and FY2027 EPS to $5.81 from $5.74. It also lifted FY2026 EPS to $4.89 from $4.87 and FY2028 EPS to $6.45 from $6.31. These revisions indicate expectations for stronger profitability at Terex, an industrial products company.
• Positive Sentiment: Longer-term earnings growth remains a favorable signal. The revised FY2028 estimate implies continued earnings expansion beyond the current year, potentially supporting Terex’s investment case if the company delivers on those projections.
• Neutral Sentiment: The revisions were mixed and remain close to consensus. Zacks lowered its Q1 2027 EPS estimate slightly to $1.07 from $1.08, while its current-year estimates of approximately $4.89-$5.00 remain broadly aligned with the consensus forecast. As a result, the changes provide a positive but limited catalyst.
• Negative Sentiment: Valuation and technical factors may be weighing on the stock. Terex trades at roughly 33 times earnings and recently moved below its 50-day moving average, which could encourage profit-taking. The modest estimate increases may not fully justify the elevated valuation, particularly after the stock’s advance toward its 52-week high.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wall Street Zen raised Terex from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Evercore reissued an “outperform” rating and issued a $81.00 price target on shares of Terex in a research note on Monday, May 11th. DA Davidson initiated coverage on Terex in a research report on Wednesday, June 24th. They set a “strong-buy” rating and a $81.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a research note on Friday, July 17th. Finally, Truist Financial lifted their price objective on Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $78.91.

Terex Price Performance

Shares of NYSE TEX opened at $64.56 on Friday. Terex Corporation has a twelve month low of $41.70 and a twelve month high of $74.69. The firm has a fifty day simple moving average of $66.94 and a 200 day simple moving average of $63.90. The company has a market capitalization of $7.38 billion, a PE ratio of 32.94, a P/E/G ratio of 0.99 and a beta of 1.51. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54.

Terex (NYSE:TEX) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.14 billion. During the same quarter in the previous year, the business earned $1.49 earnings per share. Terex’s revenue for the quarter was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, sell-side analysts forecast that Terex Corporation will post 5 EPS for the current year.

Terex Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s payout ratio is currently 34.69%.

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.