Terex Corporation (NYSE: TEX) reported third-quarter 2026 net sales of $2.197 billion, up 58.4% on a reported basis from the prior-year quarter. Net income was $114 million, or $1.00 per diluted share, compared with $65 million, or $0.98 per diluted share, a year earlier.
The company reported $2.3 billion in bookings and $7.0 billion in backlog. Terex refined its 2026 outlook for sales of $8.0 billion to $8.2 billion and announced a new $500 million share repurchase authorization.
- Third-quarter basic EPS was $1.01, while diluted EPS was $1.00.
- Reported third-quarter net sales were $2.197 billion, versus $1.387 billion in the prior-year period.
- Adjusted EBITDA was $286 million, with a 13.0% margin.
- Free cash flow was $209 million, up $79 million from the prior-year period.
- Liquidity at September 30, 2026, was $1.2 billion.
- The company returned $91 million to shareholders through dividends and share repurchases during the quarter.
$TEX Insider Trading Activity
$TEX insiders have traded $TEX stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $TEX stock by insiders over the last 6 months:
- JOSHUA GROSS (President - Aerials) sold 5,874 shares for an estimated $361,427
- STEPHEN JOHNSTON (Former VP CAO and Controller) has made 0 purchases and 3 sales selling 2,081 shares for an estimated $142,945.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TEX Hedge Fund Activity
We have seen 234 institutional investors add shares of $TEX stock to their portfolio, and 221 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,525,158 shares (+inf%) to their portfolio in Q2 2026, for an estimated $110,406,187
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,238,924 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $89,685,708
- AMERICAN CENTURY COMPANIES INC removed 1,054,153 shares (-39.4%) from their portfolio in Q2 2026, for an estimated $76,310,135
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added 924,613 shares (+inf%) to their portfolio in Q2 2026, for an estimated $66,932,735
- AMERIPRISE FINANCIAL INC added 877,600 shares (+542.3%) to their portfolio in Q2 2026, for an estimated $63,529,464
- SEGALL BRYANT & HAMILL, LLC added 795,783 shares (+inf%) to their portfolio in Q2 2026, for an estimated $57,606,731
- INVESCO LTD. added 752,830 shares (+68.5%) to their portfolio in Q2 2026, for an estimated $54,497,363
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
