Q3 Earnings Estimate for Terex Issued By KeyCorp (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Equities researchers at KeyCorp increased their Q3 2026 earnings estimates for Terex in a research report issued to clients and investors on Friday, July 31st. KeyCorp analyst S. Barger now expects that the industrial products company will post earnings per share of $1.37 for the quarter, up from their previous estimate of $1.33. The consensus estimate for Terex’s current full-year earnings is $4.95 per share. KeyCorp also issued estimates for Terex’s FY2026 earnings at $4.95 EPS, FY2027 earnings at $5.80 EPS and FY2028 earnings at $6.70 EPS.

TEX has been the subject of a number of other reports. JPMorgan Chase & Co. lowered their price target on Terex from $80.00 to $68.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Citigroup lifted 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Terex in a research note on Friday, July 17th. Morgan Stanley reissued an “overweight” rating and set a $86.00 target price on shares of Terex in a report on Monday. Finally, Truist Financial raised their price target on shares of Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Two research 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. Based on data from MarketBeat, Terex has a consensus rating of “Moderate Buy” and a consensus target price of $78.91.

Terex Trading Down 1.0%

NYSE:TEX opened at $65.38 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $65.84 and its two-hundred day moving average is $63.29. Terex has a 52 week low of $41.70 and a 52 week high of $74.69. The company has a market cap of $7.47 billion, a PE ratio of 33.36, a P/E/G ratio of 1.01 and a beta of 1.51.

Terex (NYSE:TEX) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.14 billion. Terex had a return on equity of 12.24% and a net margin of 2.23%.The company’s revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period last year, the firm earned $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.

Terex Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, August 11th will be paid a $0.17 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. Terex’s dividend payout ratio (DPR) is presently 34.69%.

Hedge Funds Weigh In On Terex

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP bought a new stake in shares of Terex during the third quarter valued at about $121,724,000. Invesco Ltd. increased its stake in Terex by 801.3% during the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after buying an additional 1,425,996 shares during the period. Schonfeld Strategic Advisors LLC bought a new stake in shares of Terex during the 4th quarter worth about $69,802,000. Arrowstreet Capital Limited Partnership raised its position in shares of Terex by 11,448.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock worth $73,220,000 after buying an additional 1,228,196 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Terex by 29.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,442,435 shares of the industrial products company’s stock worth $262,527,000 after acquiring an additional 1,008,444 shares during the period. 92.88% of the stock is owned by institutional investors.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: KeyCorp raised multiple Terex earnings forecasts. The firm increased its Q3 2026 EPS estimate to $1.37 from $1.33, FY2026 EPS to $4.95 from $4.84, FY2027 EPS to $5.80 from $5.33, and FY2028 EPS to $6.70 from $6.32. The upgrades suggest improving confidence in Terex’s earnings outlook and provide a potential catalyst for the stock.
• Positive Sentiment: Longer-term earnings expectations remain strong. KeyCorp projects quarterly EPS of $1.16, $1.52, $1.66 and $1.45 for Terex’s first through fourth quarters of 2027, respectively, followed by $1.36 and $1.75 for the first two quarters of 2028. These estimates indicate continued profitability and earnings momentum.
• Positive Sentiment: Barclays maintained its Buy rating on Terex. The unchanged bullish rating reinforces the positive analyst backdrop and indicates that Barclays continues to see upside potential in the industrial-equipment manufacturer. Barclays Sticks to Their Buy Rating for Terex

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.