SEC Form SC 13G filed by Terex Corporation

5/10/24 10:03:20 AM ET

Construction/Ag Equipment/Trucks

Industrials

Get the next $TEX alert in real time by email

SC 13G 1 filing.txt SCHEDULE 13G Amendment No.0 TEREX CORP NEW COMMON STOCK Cusip #880779103 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #880779103 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 7,592,753 Item 6: 0 Item 7: 7,598,006 Item 8: 0 Item 9: 7,598,006 Item 11: 11.347% Item 12: HC Cusip #880779103 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 7,598,006 Item 8: 0 Item 9: 7,598,006 Item 11: 11.347% Item 12: IN ? Item 1(a). Name of Issuer: TEREX CORP NEW ? Item 1(b). Address of Issuer's Principal Executive Offices:? 45 GLOVER AVENUE, 4TH FLOOR NORWALK,, CT 06850 US ? Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 880779103 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 7,598,006 (b) Percent of Class: 11.347% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 7,598,006 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of TEREX CORP NEW. No one other person's interest in the COMMON STOCK of TEREX CORP NEW is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. ????By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. May 9, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC * IA Fidelity Management Trust Company BK Strategic Advisers LLC IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on May 9, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of TEREX CORP NEW at April 30, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $TEX alert in real time by email

Recent Analyst Ratings for

$TEX

Date	Price Target	Rating	Analyst
11/4/2025	$47.00	Underweight → Equal-Weight	Morgan Stanley
10/27/2025	$70.00	Mkt Perform → Outperform	Raymond James
5/27/2025	$60.00	Neutral → Buy	Goldman
5/16/2025	$48.00	Sell → Neutral	UBS
5/13/2025	$66.00	Neutral → Outperform	Robert W. Baird
4/7/2025	$32.00	Neutral → Sell	UBS
6/28/2024		Mkt Perform	Raymond James
6/26/2024	$60.00	Neutral	Citigroup

More analyst ratings

SEC Form SC 13G filed by Terex Corporation

5/10/24 10:03:20 AM ET

$TEX

Construction/Ag Equipment/Trucks

Industrials

Get the next $TEX alert in real time by email

Recent Analyst Ratings for

$TEX

Date	Price Target	Rating	Analyst
11/4/2025	$47.00	Underweight → Equal-Weight	Morgan Stanley
10/27/2025	$70.00	Mkt Perform → Outperform	Raymond James
5/27/2025	$60.00	Neutral → Buy	Goldman
5/16/2025	$48.00	Sell → Neutral	UBS
5/13/2025	$66.00	Neutral → Outperform	Robert W. Baird
4/7/2025	$32.00	Neutral → Sell	UBS
6/28/2024		Mkt Perform	Raymond James
6/26/2024	$60.00	Neutral	Citigroup

More analyst ratings

SEC Form SC 13G filed by Terex Corporation

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$TEX

SEC Form SC 13G filed by Terex Corporation

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$TEX

$TEX
Insider Trading

Director Rush Andra bought $98,771 worth of shares (2,120 units at $46.59), increasing direct ownership by 9% to 25,428 units (SEC Form 4)

President, Materials Processin Hegarty Kieran covered exercise/tax liability with 6,791 shares, decreasing direct ownership by 4% to 185,329 units (SEC Form 4)

Senior Vice President, CFO Kong-Picarello Jennifer was granted 24 shares, increasing direct ownership by 0.04% to 65,136 units (SEC Form 4)

$TEX
SEC Filings

SEC Form 10-Q filed by Terex Corporation

Terex Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 425 filed by Terex Corporation

$TEX
Analyst Ratings

Terex upgraded by Morgan Stanley with a new price target

Terex upgraded by Raymond James with a new price target

Terex upgraded by Goldman with a new price target

$TEX
Press Releases

Terex Completes Sale of Tower and Rough Terrain Cranes Businesses

TEREX AND REV GROUP ANNOUNCE STRATEGIC MERGER, CREATING A LEADING SPECIALTY EQUIPMENT MANUFACTURER; TEREX ANNOUNCES PLANS TO EXIT ITS AERIALS SEGMENT

Terex Reports Third Quarter 2025 Results

$TEX
Insider Purchases

Director Rush Andra bought $98,771 worth of shares (2,120 units at $46.59), increasing direct ownership by 9% to 25,428 units (SEC Form 4)

Pres., Environmental Solutions Carroll Patrick S bought $2,301 worth of shares (57 units at $40.37), increasing direct ownership by 0.08% to 70,993 units (SEC Form 4)

Director Rush Andra bought $48,972 worth of shares (1,325 units at $36.96), increasing direct ownership by 6% to 23,308 units (SEC Form 4)

$TEX
Leadership Updates

RPM Announces Appointment of Three New Board Members

Terex Names R. Mark Cox SVP Corporate Development

Neil Frohnapple Named Terex VP Investor Relations

$TEX
Large Ownership Changes