What is KeyCorp’s Estimate for Terex FY2026 Earnings?

Terex Co. (NYSE:TEX) – Investment analysts at KeyCorp issued their FY2026 earnings estimates for Terex in a research note issued 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.

A number of other brokerages have also recently weighed in on TEX. Truist Financial dropped their price objective on shares of Terex from $65.00 to $58.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Citigroup cut their price target on Terex from $57.00 to $48.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price objective on Terex from $59.00 to $52.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. Finally, Robert W. Baird reduced their target price on shares of Terex from $65.00 to $55.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Seven 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 an average price target of $56.63.

Terex Stock Performance

NYSE:TEX opened at $47.12 on Monday. The company has a current ratio of 2.39, a quick ratio of 1.16 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $3.15 billion, a P/E ratio of 6.88, a price-to-earnings-growth ratio of 4.49 and a beta of 1.55. The firm has a 50-day moving average price of $48.80 and a two-hundred day moving average price of $52.68. Terex has a twelve month low of $43.50 and a twelve month high of $68.08.

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

Hedge Funds Weigh In On Terex

A number of hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in shares of Terex by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,596,070 shares of the industrial products company’s stock worth $84,463,000 after purchasing an additional 8,624 shares in the last quarter. Millennium Management LLC lifted its position in Terex by 169.0% during the 2nd quarter. Millennium Management LLC now owns 264,885 shares of the industrial products company’s stock worth $14,526,000 after acquiring an additional 166,429 shares in the last quarter. Verition Fund Management LLC boosted its holdings in Terex by 3.9% in the 3rd quarter. Verition Fund Management LLC now owns 241,280 shares of the industrial products company’s stock worth $12,766,000 after acquiring an additional 8,979 shares during the period. Curated Wealth Partners LLC grew its position in Terex by 28.3% in the fourth quarter. Curated Wealth Partners LLC now owns 226,922 shares of the industrial products company’s stock valued at $10,488,000 after acquiring an additional 50,000 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Terex by 13.3% during the fourth quarter. Empowered Funds LLC now owns 199,594 shares of the industrial products company’s stock valued at $9,225,000 after purchasing an additional 23,429 shares during the period. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Insider Buying and Selling

In other Terex news, Director David A. Sachs bought 20,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of $49.75 per share, with a total value of $995,000.00. Following the transaction, the director now owns 137,500 shares in the company, valued at $6,840,625. This trade represents a 17.02 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Simon Meester sold 9,877 shares of Terex stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $51.14, for a total transaction of $505,109.78. Following the transaction, the chief executive officer now directly owns 127,858 shares in the company, valued at approximately $6,538,658.12. This trade represents a 7.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

Terex Company Profile

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.