Institutional investors adjust holdings in Terex and Textron

Institutional investors have recently adjusted their positions in Terex Corporation and Textron Inc., according to recent SEC filings.

Royal Bank of Canada increased its stake in Terex Corporation by 19.1% during the first quarter, bringing its total ownership to 173,726 shares valued at approximately $10,267,000. Other institutions, including UMB Bank, M&T Bank Corp, and the California State Teachers Retirement System, have also modified their holdings in the industrial products company.

In the aerospace sector, Contravisory Investment Management Inc. established a new position in Textron Inc. during the second quarter, acquiring 12,511 shares valued at roughly $1,148,000. Other major holders, such as State Street Corp and Invesco Ltd., have also reported changes to their Textron holdings.