Terex
About: Terex Corp is a manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. The company designs builds, and supports products used in maintenance, manufacturing, energy, waste and recycling, minerals and materials management, construction, and the entertainment industry. The products are manufactured in North America, Europe, and Asia Pacific and sold all over the world. The company reports business in the following segments: (i) Materials Processing, (ii) Aerial Work Platforms, and (iii) Environmental Solutions Group.
Employees: 11,400
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more call options, than puts
Call options by funds: $28.4M | Put options by funds: $22.2M
16% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 56
2% more funds holding
Funds holding: 371 [Q2] → 377 (+6) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 136
4.88% less ownership
Funds ownership: 99.72% [Q2] → 94.84% (-4.88%) [Q3]
9% less capital invested
Capital invested by funds: $3.68B [Q2] → $3.35B (-$324M) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Adam Seiden 56% 1-year accuracy 10 / 18 met price target | 14%upside $52 | Equal-Weight Maintained | 10 Feb 2025 |
Citigroup Kyle Menges 54% 1-year accuracy 14 / 26 met price target | 5%upside $48 | Neutral Maintained | 14 Jan 2025 |
JP Morgan Tami Zakaria 36% 1-year accuracy 12 / 33 met price target | 14%upside $52 | Neutral Maintained | 14 Jan 2025 |
Truist Securities Jamie Cook 62% 1-year accuracy 55 / 89 met price target | 27%upside $58 | Buy Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 8 articles about TEX published over the past 30 days









