Vanguard Capital Management Discloses New 5.23% Stake in Terex Corp (TEX)
On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, disclosing a new 5.23% ownership stake in Terex Corp (TEX). As of the event date on March 31, 2026, the firm beneficially owns 5,956,502 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 5,956,502 shares, while maintaining sole voting power over 870,954 shares. This position was acquired in the ordinary course of business and is not intended to influence or change the control of the issuer. The reported holdings include shares managed by various affiliates and business divisions, including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd. The estimated value of the position at the time of filing was approximately $368.5 million. This filing represents a significant increase from a previously reported 0% ownership, establishing Vanguard as a major institutional shareholder in the Norwalk, CT-based machinery manufacturer.