Moore Capital Management LP Acquires Shares of 383,307 Terex Corporation $TEX

Posted by George Bondi on Aug 31st, 2026

Moore Capital Management LP acquired a new stake in shares of Terex Corporation (NYSE:TEX – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 383,307 shares of the industrial products company’s stock, valued at approximately $27,748,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Terex during the 2nd quarter valued at about $1,063,541,000. Wellington Management Group LLP purchased a new stake in Terex in the 3rd quarter worth approximately $121,724,000. Freestone Grove Partners LP purchased a new stake in Terex in the 2nd quarter worth approximately $116,558,000. Invesco Ltd. grew its position in shares of Terex by 801.3% in the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock worth $82,283,000 after buying an additional 1,425,996 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of Terex in the 4th quarter worth approximately $69,802,000. 92.88% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on TEX shares. Morgan Stanley restated an “overweight” rating and set a $86.00 target price on shares of Terex in a report on Monday, August 3rd. Citigroup boosted their price objective on shares of Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Truist Financial upped their price objective on shares of Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Wall Street Zen raised shares of Terex from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Evercore reaffirmed an “outperform” rating and set a $81.00 target price on shares of Terex in a research note on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.91.

Read Our Latest Stock Analysis on TEX

Terex Stock Performance

Shares of TEX opened at $63.85 on Monday. 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 price is $66.87 and its 200-day moving average price is $63.92. Terex Corporation has a 52 week low of $41.70 and a 52 week high of $74.69. The stock has a market cap of $7.30 billion, a P/E ratio of 32.58, a P/E/G ratio of 0.97 and a beta of 1.51.

Terex (NYSE:TEX – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same quarter last year, the company earned $1.49 EPS. The firm’s revenue for the quarter was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. Equities research analysts anticipate that Terex Corporation will post 5 earnings per share for the current fiscal year.

Terex Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, August 11th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Terex’s dividend payout ratio is currently 34.69%.

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.