51,700 Shares in Terex Corporation $TEX Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Posted by Geri Gentry on Sep 10th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Terex Corporation (NYSE:TEX – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 51,700 shares of the industrial products company’s stock, valued at approximately $3,743,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its holdings in shares of Terex by 167.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 369 shares during the period. Ancora Advisors LLC acquired a new stake in shares of Terex during the second quarter worth approximately $29,000. Strs Ohio purchased a new position in Terex during the first quarter valued at approximately $30,000. Essential Partners LLC grew its position in Terex by 171.2% during the first quarter. Essential Partners LLC now owns 564 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 356 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Terex in the 2nd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Wall Street Analyst Weigh In

TEX has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on shares of Terex from $80.00 to $68.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Morgan Stanley reiterated an “overweight” rating and set a $86.00 price objective on shares of Terex in a report on Monday, August 3rd. Truist Financial lifted their price objective on Terex from $92.00 to $96.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Barclays boosted their target price on Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a research report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $78.91.

Get Our Latest Stock Analysis on TEX

Terex Stock Performance

Shares of TEX opened at $62.00 on Thursday. The company’s fifty day moving average is $65.48 and its 200-day moving average is $63.63. Terex Corporation has a 12 month low of $41.70 and a 12 month high of $74.69. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 31.63, a price-to-earnings-growth ratio of 0.95 and a beta of 1.50. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54.

Terex (NYSE:TEX – Get Free Report) last released its quarterly earnings results 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 net margin of 2.23% and a return on equity of 12.24%. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter last year, the firm earned $1.49 EPS. Terex’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 analysts expect that Terex Corporation will post 5 EPS for the current fiscal year.

Terex Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders 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 1.1%. The ex-dividend date is Tuesday, August 11th. Terex’s dividend payout ratio (DPR) is 34.69%.

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.