16,659 Shares in Terex Corporation $TEX Acquired by Ieq Capital LLC

Posted by Brenda Bartman on Aug 27th, 2026

Ieq Capital LLC purchased a new position in shares of Terex Corporation (NYSE:TEX – Free Report) in the second quarter, Holdings Channel reports. The fund purchased 16,659 shares of the industrial products company’s stock, valued at approximately $1,206,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Millennium Management LLC boosted its holdings in shares of Terex by 1,086.3% in the 1st quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company’s stock valued at $9,674,000 after acquiring an additional 234,470 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Terex by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock worth $132,000 after purchasing an additional 2,841 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Terex by 3.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company’s stock worth $41,263,000 after purchasing an additional 40,077 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Terex by 0.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,210 shares of the industrial products company’s stock valued at $7,375,000 after purchasing an additional 1,597 shares during the period. Finally, Intech Investment Management LLC lifted its position in Terex by 47.4% during the first quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company’s stock valued at $1,719,000 after purchasing an additional 14,629 shares during the period. 92.88% of the stock is currently owned by institutional investors and hedge funds.

Terex Price Performance

TEX stock opened at $65.22 on Thursday. Terex Corporation has a one year low of $41.70 and a one year high of $74.69. 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 firm’s fifty day moving average is $66.98 and its 200 day moving average is $63.89. The firm has a market cap of $7.45 billion, a PE ratio of 33.28, a P/E/G ratio of 0.99 and a beta of 1.51.

Terex (NYSE:TEX – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter in the prior year, the firm posted $1.49 earnings per share. The company’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. On average, research analysts forecast that Terex Corporation will post 5 EPS for the current year.

Terex Dividend Announcement

The firm 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 $0.17 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. Terex’s dividend payout ratio is presently 34.69%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TEX shares. Citigroup increased their price target on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Raymond James Financial raised Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a report on Monday, May 11th. Barclays upped their target price on Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. DA Davidson began coverage on Terex in a report on Wednesday, June 24th. They set a “strong-buy” rating and a $81.00 target price on the stock. Finally, Morgan Stanley reissued an “overweight” rating and issued a $86.00 price target on shares of Terex in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned 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 target price of $78.91.

Read Our Latest Research Report on Terex

About Terex

(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.