OMERS ADMINISTRATION Corp Invests $889,000 in Terex Corporation $TEX

OMERS ADMINISTRATION Corp acquired a new stake in shares of Terex Corporation (NYSE:TEX) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 15,043 shares of the industrial products company’s stock, valued at approximately $889,000.

Several other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased 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 during the period. Strs Ohio acquired a new position in Terex in the 1st quarter valued at approximately $30,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Terex during the first quarter valued at $47,000. Capital Advisors Ltd. LLC lifted its holdings in shares of Terex by 856.2% during the first quarter. Capital Advisors Ltd. LLC now owns 851 shares of the industrial products company’s stock worth $50,000 after purchasing an additional 762 shares during the period. Finally, 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 worth $77,000 after purchasing an additional 189 shares during the last quarter. 92.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TEX. Barclays upped their price target on Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Evercore restated an “outperform” rating and set a $81.00 price target on shares of Terex in a report on Monday, May 11th. Wall Street Zen downgraded shares of Terex from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. DA Davidson started coverage on shares of Terex in a research note on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 price objective on the stock. Finally, Morgan Stanley reiterated an “overweight” rating and set a $84.00 price objective on shares of Terex in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Terex presently has a consensus rating of “Moderate Buy” and an average price target of $79.45.

Insiders Place Their Bets

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

Key Stories Impacting Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported second-quarter adjusted EPS of $1.37, above the $1.23-$1.25 analyst consensus, while sales of approximately $2.2 billion also exceeded estimates of about $2.14 billion. Terex Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Reported sales increased 50.5% year over year, pro forma sales rose 8.5%, and pro forma bookings grew 25.2%. Terex also raised its 2026 revenue outlook to $7.9 billion-$8.2 billion and adjusted EBITDA guidance to $960 million-$1.0 billion. Terex Reports Second Quarter 2026 Results
• Neutral Sentiment: The company ended the quarter with a $6.9 billion backlog, $1.1 billion in liquidity, and a 12.0% adjusted EBITDA margin. The midpoint of its new EPS guidance, $4.90, is only modestly above the approximately $4.87 analyst consensus, suggesting much of the improvement may already be reflected in expectations. Terex Posts Strong Q2 Results and Raises 2026 Outlook
• Negative Sentiment: GAAP net income increased to $110 million, but reported diluted EPS fell to $0.96 from $1.09 a year earlier; adjusted EPS also declined from $1.49. Net margin remained low at 1.87%, which may temper enthusiasm over the revenue growth. Terex Second Quarter Earnings Results
• Negative Sentiment: Quarterly bookings of $2.0 billion produced a 90% book-to-bill ratio, indicating orders were below shipments and raising concern about near-term demand momentum. In addition, reported insider transactions showed sales and no purchases during the past six months. Terex Q2 Sales Rise 50.5% to $2.2 Billion

Terex Trading Down 3.0%

TEX opened at $62.64 on Friday. Terex Corporation has a 1-year low of $41.70 and a 1-year high of $74.69. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 0.57. The company has a market cap of $7.15 billion, a P/E ratio of 29.97, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. The company has a fifty day moving average price of $65.20 and a two-hundred day moving average price of $63.14.

Terex (NYSE:TEX) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.14 billion. Terex had a net margin of 1.87% and a return on equity of 13.43%. The business’s revenue was up 50.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Analysts predict that Terex Corporation 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. Investors of record on Tuesday, August 11th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s dividend payout ratio is 32.54%.

Terex Company 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.