Dividend Action: $0.07 dividends will be a reality for Terex Corporation (NYSE:TEX)’s shareholders on Dec 19, 2016.

Dividend Action: $0.07 dividends will be a reality for Terex Corporation (NYSE:TEX)'s shareholders on Dec 19, 2016.

Terex Corporation (NYSE:TEX) is expected to pay $0.07 on Dec 19, 2016. The indicated annual dividend is $0.28. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Terex Corporation’s current price of $22.84, the dividend is 0.31%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 14, 2016. The stock increased 1.38% or $0.31 on November 4, hitting $22.84. Terex Corporation (NYSE:TEX) has declined 1.04% since April 5, 2016 and is downtrending. It has underperformed by 3.00% the S&P500.

Terex Corporation is a lifting and material handling solutions company. The company has a market cap of $2.47 billion. The Firm is focused on providing its activities and delivering solutions for a range of commercial applications, including the construction, infrastructure, mining, manufacturing, transportation, energy and utility industries. It has a 30.12 P/E ratio. It operates through five divisions: Aerial Work Platforms , Construction, Cranes, Material Handling & Port Solutions (MHPS), and Materials Processing (MP).

Insitutional Activity: The institutional sentiment decreased to 0.94 in Q2 2016. Its down 0.13, from 1.07 in 2016Q1. The ratio dived, as 55 funds sold all Terex Corporation shares owned while 73 reduced positions. 35 funds bought stakes while 85 increased positions. They now own 86.48 million shares or 7.59% more from 80.38 million shares in 2016Q1.
Zurcher Kantonalbank (Zurich Cantonalbank) last reported 3,763 shares in the company. Moreover, Us Natl Bank De has 0% invested in Terex Corporation (NYSE:TEX) for 6,535 shares. Fuller & Thaler Asset Mgmt Incorporated has 0.62% invested in the company for 1.78 million shares. Rothschild Inv Il has 0.1% invested in the company for 38,900 shares. Ladenburg Thalmann Incorporated, a Florida-based fund reported 1,464 shares. The Connecticut-based Aqr Cap Limited Company has invested 0% in Terex Corporation (NYSE:TEX). Natl Bank Of Montreal Can holds 0% or 44,163 shares in its portfolio. Brighton Jones Limited Liability Company reported 60,198 shares or 0.22% of all its holdings. Highline Capital Mngmt Limited Partnership, a New York-based fund reported 717,500 shares. The Oregon-based Oregon Employees Retirement Fund has invested 0.02% in Terex Corporation (NYSE:TEX). Invesco has 1.32M shares for 0.01% of their US portfolio. Citigroup Incorporated holds 0% of its portfolio in Terex Corporation (NYSE:TEX) for 58,392 shares. Public Employees Retirement Association Of Colorado, a Colorado-based fund reported 26,210 shares. Dimensional Fund Advisors L P last reported 4.57M shares in the company. Moreover, Point72 Asset Lp has 0.05% invested in Terex Corporation (NYSE:TEX) for 329,100 shares.

Insider Transactions: Since May 31, 2016, the stock had 25 insider buys, and 13 insider sales for $2.45 million net activity. $181,458 worth of Terex Corporation (NYSE:TEX) was sold by Clair Mark I. ANDERSEN G CHRIS sold $480,400 worth of stock. Shares for $100,150 were sold by FEARON MATTHEW on Tuesday, August 16. On Thursday, June 2 HENRY BRIAN J bought $2,309 worth of the stock or 108 shares. Bradley Kevin bought $1,155 worth of Terex Corporation (NYSE:TEX) on Thursday, June 2. $242,100 worth of Terex Corporation (NYSE:TEX) was sold by Ellis George. The insider BARR KEVIN A bought $236.

Terex Corporation (NYSE:TEX) Ratings Coverage

Out of 18 analysts covering Terex Corporation (NYSE:TEX), 7 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 39% are positive. Terex Corporation has been the topic of 39 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The rating was maintained by Jefferies on Tuesday, May 31 with “Buy”. The stock of Terex Corporation (NYSE:TEX) has “Buy” rating given on Wednesday, August 12 by Stifel Nicolaus. The stock of Terex Corporation (NYSE:TEX) has “Buy” rating given on Friday, September 30 by CLSA. The rating was downgraded by Jefferies to “Hold” on Tuesday, August 9. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, September 25. The stock of Terex Corporation (NYSE:TEX) earned “Outperform” rating by Wells Fargo on Tuesday, May 17. On Friday, August 26 the stock rating was maintained by UBS with “Neutral”. As per Monday, July 11, the company rating was maintained by Barclays Capital. The company was downgraded on Wednesday, September 9 by Barclays Capital. The rating was downgraded by Avondale on Friday, January 29 to “Mkt Perform”.

More important recent Terex Corporation (NYSE:TEX) news were published by: Businesswire.com which released: “Terex Corporation to Host Analyst Meeting” on November 02, 2016, also Businesswire.com published article titled: “Terex Corporation Announces Leadership Change in Its Cranes Segment”, Businesswire.com published: “Terex Corporation Announces Third Quarter 2016 Financial Results Conference Call” on October 21, 2016. More interesting news about Terex Corporation (NYSE:TEX) was released by: Natlawreview.com and their article: “Committee on Foreign Investment in United States: Konecranes Plc and Terex …” with publication date: November 02, 2016.

TEX Company Profile

Terex Corporation, incorporated on October 30, 1986, is a lifting and material handling solutions company. The Firm is focused on providing its activities and delivering solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, manufacturing, transportation, energy and utility industries. The Firm operates through five divisions: Aerial Work Platforms (AWP), Construction, Cranes, Material Handling & Port Solutions (MHPS), and Materials Processing (MP). The Company’s products are manufactured in North and South America, Europe, Australia and Asia and sold across the world.

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