24,522 Shares in Terex Corporation $TEX Bought by Nautilus Advisors LLC

Nautilus Advisors LLC acquired a new position in Terex Corporation (NYSE:TEX) during the first quarter, HoldingsChannel.com reports. The fund acquired 24,522 shares of the industrial products company’s stock, valued at approximately $1,449,000. Terex accounts for approximately 1.0% of Nautilus Advisors LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other large investors have also recently bought and sold shares of TEX. EverSource Wealth Advisors LLC grew its stake 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 buying an additional 369 shares in the last quarter. Strs Ohio acquired a new stake in Terex during the first quarter worth approximately $30,000. Capital Advisors Ltd. LLC boosted its stake in Terex by 856.2% in the 1st quarter. Capital Advisors Ltd. LLC now owns 851 shares of the industrial products company’s stock valued at $50,000 after purchasing an additional 762 shares during the period. UMB Bank n.a. grew its stake in shares of Terex by 15.0% in the fourth quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 189 shares in the last quarter. Finally, Quarry LP bought a new position in shares of Terex during the fourth quarter worth approximately $88,000. 92.88% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Terex news, insider Joshua Gross sold 5,874 shares of the business’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 sale, the insider owned 48,706 shares of the company’s stock, valued at $2,996,880.18. The trade was a 10.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.60% of the company’s stock.

Terex Price Performance

TEX opened at $68.21 on Wednesday. Terex Corporation has a 1 year low of $41.70 and a 1 year high of $71.50. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.84 and a quick ratio of 0.88. The firm’s fifty day moving average price is $61.82 and its two-hundred day moving average price is $60.53. The company has a market capitalization of $7.79 billion, a price-to-earnings ratio of 32.64, a P/E/G ratio of 1.07 and a beta of 1.53.

Terex (NYSE:TEX) last released its earnings results on Friday, May 1st. The industrial products company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.20. Terex had a return on equity of 13.43% and a net margin of 1.87%.The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same period in the previous year, the business posted $0.83 EPS. The business’s revenue for the quarter was up 41.1% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. As a group, analysts anticipate that Terex Corporation will post 4.87 earnings per share for the current fiscal year.

Terex Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, June 8th. Terex’s dividend payout ratio (DPR) is currently 32.54%.

Analyst Upgrades and Downgrades

TEX has been the topic of a number of analyst reports. Zacks Research upgraded shares of Terex from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Evercore restated an “outperform” rating and set a $81.00 price target on shares of Terex in a report on Monday, May 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a research report on Monday, April 20th. Wall Street Zen downgraded shares of Terex from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Citigroup upgraded 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 research report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.82.

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.