Terex (TEX)

• Market cap: $2.25B
• 1 day: 1.49%
• 5 days: -3.32%
• 1 month: -16.78%
• 3 months: -30.03%
• 6 months: -37.02%
• Year to date: -23.58%
• 1 year: -43.98%
• 5 years: 165.16%
• 10 years: 27.94%
• Sector: Industrials
• Industry: Farm & Heavy Construction Machinery

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 Q4 regulatory disclosures by fund managers ($100M+ AUM)

3.2% more ownership

Funds ownership: 94.07% [Q3] → 97.27% (+3.2%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

4% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 122

9% less funds holding

Funds holding: 378 [Q3] → 345 (-33) [Q4]

10% less capital invested

Capital invested by funds: $3.33B [Q3] → $3B (-$325M) [Q4]

35% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 75

38% less call options, than puts

Call options by funds: $16.7M | Put options by funds: $27.1M

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30 12% downside
• Avg. target: $43 27% upside
• High target: $59 73% upside

8 analyst ratings

• positive: 2 25%
• neutral: 5 63%
• negative: 1 13%

Morgan Stanley Courtney Yakavonis 0 / 0 met price target	12% downside $30	Equal-Weight Maintained	16 Apr 2025
JP Morgan Tami Zakaria 26% 1-year accuracy 9 / 35 met price target	12% upside $38	Neutral Maintained	14 Apr 2025
Citigroup Kyle Menges 27% 1-year accuracy 10 / 37 met price target	6% upside $36	Neutral Maintained	8 Apr 2025
Truist Securities Jamie Cook 32% 1-year accuracy 28 / 88 met price target	38% upside $47	Buy Maintained	8 Apr 2025
UBS Steven Fisher 30% 1-year accuracy 9 / 30 met price target	6% downside $32	Sell Downgraded	7 Apr 2025