Terex Corporation (TEX)

In the past six months (November 2025 - May 2026), Terex Corp.'s stock price has been impacted by several events. The company's shares were trading at $53.50 at the beginning of 2026 and have since increased by 18.8% to $63.5340 as of May 8, 2026. In February 2026, Terex completed the acquisition of REV Group, forming a new Specialty Vehicles (SV) segment. On May 1, 2026, Terex reported strong first-quarter 2026 results, with sales of $1.7 billion, up 41% year-over-year, and adjusted EPS of $0.98, exceeding analyst expectations. On May 6, 2026, an insider sold 5,874 shares at $61.53. Morgan Stanley raised its price target on Terex (TEX) to $84 from $83 in May 2026, maintaining an Overweight rating.

Demand for Terex Corporation's products and services exhibits some seasonality. Historically, the first quarter often sees cash outflows, with cash generation typically weighted towards the second half of the year as volume increases and working capital unwinds. The Aerials segment, in particular, is projected to experience flat margins year-over-year, influenced by tariffs and lower seasonally adjusted volumes. The company's newer businesses, especially the Specialty Vehicles segment (formed after the REV Group acquisition), have a more favorable working capital profile with significantly less seasonality. Bookings across the company have generally returned to normal seasonal patterns.

Terex Corporation is a global industrial equipment manufacturer specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. The company operates across diverse sectors including construction, infrastructure, quarrying, recycling, and energy. Terex provides lifecycle support through a global parts and services organization and offers digital solutions. The company's business is structured into three primary segments: Materials Processing (MP), Aerials, and Environmental Solutions (ES), which includes the Environmental Solutions Group (ESG) and Terex Utilities.

Terex Corporation maintains a strong global presence with manufacturing facilities in the United States, Canada, Europe, Australia, Asia, and South America. The company has operations across Europe, India, and Asia Pacific, combining global reach with local expertise. Terex serves customers in over 175 countries through a network of dealers and service centers. Approximately 75% of its 2025 U.S. machine sales were expected to be generated by products manufactured in its U.S. facilities.

Terex's brand reputation is generally positive within its industry. The company's Genie brand is well-regarded globally and holds strong market share potential in North America and Europe. Terex has focused on streamlining its product lines and investing in digital tools for equipment monitoring, maintenance, and aftermarket service. The company also highlights its commitment to sustainability, including electric and hybrid offerings that reduce environmental impact and products that support renewable energy and waste recovery. The acquisition of Environmental Solutions Group (ESG) in October 2024 further strengthened its position in the growing waste and recycling market.

Terex Corporation's ownership structure is predominantly influenced by institutional investors. As of May 1, 2026, Terex Corporation has 389 institutional owners and shareholders holding a total of 71,956,328 shares. Approximately 92.88% of the stock is held by institutions, while 1.90% is held by insiders. Major institutional shareholders include Fmr Llc, BlackRock, Inc., and Vanguard Group Inc.