California State Teachers Retirement System Raises Stock Position in Terex Corporation $TEX

Posted by Stanley Muller on Aug 5th, 2026

California State Teachers Retirement System boosted its stake in Terex Corporation (NYSE:TEX – Free Report) by 112.7% in the 1st quarter, Holdings Channel reports. The firm owned 131,086 shares of the industrial products company’s stock after purchasing an additional 69,450 shares during the period. California State Teachers Retirement System’s holdings in Terex were worth $7,747,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of Terex by 19.1% in the first quarter. Royal Bank of Canada now owns 173,726 shares of the industrial products company’s stock valued at $10,267,000 after purchasing an additional 27,801 shares in the last quarter. Empowered Funds LLC lifted its holdings in Terex by 164.0% during the 1st quarter. Empowered Funds LLC now owns 5,324 shares of the industrial products company’s stock worth $315,000 after buying an additional 3,307 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Terex by 69.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 105,270 shares of the industrial products company’s stock valued at $6,221,000 after buying an additional 43,120 shares during the period. Maverick Capital Ltd. acquired a new position in shares of Terex in the first quarter worth $996,000. Finally, Quantinno Capital Management LP increased its position in shares of Terex by 32.2% during the first quarter. Quantinno Capital Management LP now owns 26,612 shares of the industrial products company’s stock worth $1,573,000 after acquiring an additional 6,477 shares during the period. 92.88% of the stock is owned by institutional investors and hedge funds.

Terex Trading Up 2.6%

Shares of Terex stock opened at $66.06 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.82. The company has a market capitalization of $7.55 billion, a P/E ratio of 33.71, a PEG ratio of 0.99 and a beta of 1.51. Terex Corporation has a 1 year low of $41.70 and a 1 year high of $74.69. The company’s fifty day moving average is $65.57 and its two-hundred day moving average is $63.22.

Terex (NYSE:TEX – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the prior year, the business earned $1.49 EPS. The firm’s revenue was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Analysts forecast that Terex Corporation will post 4.92 earnings per share for the current 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 issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s dividend payout ratio is currently 34.69%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TEX shares. Barclays upped their price target on Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Zacks Research upgraded shares of Terex from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Raymond James Financial raised shares of Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 target price on the stock in a report on Monday, May 11th. Evercore reaffirmed an “outperform” rating and set a $81.00 price objective on shares of Terex in a research report on Monday, May 11th. Finally, Citigroup lifted their price target on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.91.

Get Our Latest Research Report on Terex

Terex Profile

(Free Report)

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.

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$Institutional Ownership by Quarter for Terex (NYSE:TEX)$

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