Lodge Hill Capital Fully Exits Terex Stake
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 02 2026
0mins
Source: Fool
- Stake Change: Lodge Hill Capital disclosed on February 17, 2026, that it fully liquidated its position in Terex, selling 529,450 shares valued at approximately $27.16 million, indicating a cautious outlook on the company's future performance.
- Market Performance: Despite Terex's stock rising 67% over the past year to $67.76 per share, significantly outperforming the S&P 500's 17% increase, Lodge Hill's exit may reflect concerns over market volatility, particularly as the company undergoes a structural transformation.
- Financial Overview: Terex reported total sales of $5.4 billion for fiscal year 2025, with adjusted EPS of $4.93 and free cash flow of $325 million, representing a 147% conversion rate, showcasing strong financial health, yet future profitability remains uncertain.
- Strategic Risks: As the REV merger progresses, Terex's earnings structure is being reshaped; although management anticipates sales of $7.5 billion to $8.1 billion in 2026, integration risks, tariff exposure, and industrial cycle fluctuations could impact the company's long-term performance.
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Analyst Views on TEX
Wall Street analysts forecast TEX stock price to rise
5 Analyst Rating
2 Buy
2 Hold
1 Sell
Hold
Current: 58.180
Low
56.00
Averages
62.70
High
72.00
Current: 58.180
Low
56.00
Averages
62.70
High
72.00
About TEX
Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry. Its segments include Environmental Solutions (ES), Material Processing (MP) and Aerials. Its ES segment designs, manufactures, services and markets waste, recycling and utility equipment and solutions, including refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers, recycling equipment, digger derricks, insulated aerial devices, and cameras with integrated smart technology. Its MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, and others. Its Aerials segment designs, manufactures, services and markets aerial work platform equipment and telehandlers and their related components and replacement parts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Integration Progressing Well: The REV integration plan is on track, with expected synergies of approximately $28 million in 2026 and a target of a $75 million run rate within 24 months, showcasing Terex's effective post-merger execution capabilities.
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