On February 17, 2026, Lodge Hill Capital disclosed in a filing with the United States Securities and Exchange Commission that it sold its entire position in Terex (NYSE:TEX)shed 529,450 shares worth about $27.16M.
According to an SEC filing on February 17, 2026, Lodge Hill Capital fully exited its stake. Terex (NYSE:TEX) In the fourth quarter. The fund sold all 529,450 shares it previously held. The reported quarter-end value of the position decreased by $27.16 million.
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Top properties after filing:
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NYSE:RKT: $42.71 million (8.07% of AUM)
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NYSE:APO: $42.40 million (8.01% of AUM)
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NYSE:BCO: $39.69 million (7.50% of AUM)
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NYSE:OC: $35.65 million (6.74% of AUM)
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NYSE:HRB: $34.86 million (6.59% of AUM)
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As of Monday, Terex shares were trading at $67.76, up about 67% over the past year and outperforming the S&P 500, which is up about 17% instead.
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Matric |
value |
|---|---|
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Revenue (TTM) |
5.42 billion dollars |
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net income (TTM) |
221.00 million dollars |
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Dividend yield |
1% |
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Terex manufactures aerial work platforms, material processing machinery, cranes and related equipment under several brands, with primary revenue from equipment sales and aftermarket segments.
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The company operates a dual segment model: Aerial Work Platforms (AWP) and Material Processing (MP), generating revenue through sales of equipment, parts and customer financing solutions.
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It serves the construction, industrial, infrastructure, recycling, mining, and utility sectors globally, targeting contractors, rental companies, and industrial operators.
Trix is a diversified industrial manufacturer with a global footprint, focusing on aerial work platforms and material processing equipment. The company leverages a broad brand portfolio and dual structure to address the needs of construction, infrastructure, and industrial customers worldwide.
Terex is in the midst of a structural transformation. The portfolio changes and integration of REV are reshaping its revenue profile, and this transaction has both opportunities and execution risk.
Full-year 2025 sales of $5.4 billion, adjusted EPS of $4.93. Meanwhile, free cash flow reached $325 million, representing 147% of turnover, and fourth-quarter bookings rose 32% year-over-year to $1.9 billion, a meaningful signal of stronger demand in 2026. Management now expects sales of $7.5 billion to $8.1 billion and EBITDA of $1 billion in 2026.
Finally, after the stock’s 67% rally over the past year, the reduced exposure could reflect simple discipline. Compared to other real estate assets oriented toward financials, housing, and alternative assets, this industrial name adds more cycle sensitivity. For long-term investors, an important question is integration. If REV coordination is implemented and the backlog is converted cleanly, margin expansion may follow. But tariff exposure, leverage, and industrial cycles remain variable. The setup is stronger than that, but not without moving parts.
