Ternium Sa Stock News

Moneda S.A. Administradora General de Fondos acquired a new position in Ternium S.A. (NYSE:TX) in the third quarter, HoldingsChannel.com reports. The firm acquired 46,508 shares of the basic materials companys stock, valued at approximately $1,967,000. Ternium comprises about 1.1% of Moneda S.A. Administradora General de Fondos investment portfolio, making the stock its 18th largest holding. []

Ternium S.A. (NYSE:TX) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,730,000 shares, a growth of 17.7% from the October 31st total of 1,470,000 shares. Approximately 0.9% of the companys shares are sold short. Based on an average daily []

Ternium (NYSE:TX) and Algoma Steel Group (NASDAQ:ASTL) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, risk, dividends, institutional ownership and profitability. Institutional and Insider Ownership 16.6% of Ternium shares are held by institutional investors. Comparatively, 73.6% []

Cypress Asset Management Inc. TX increased its holdings in shares of Medtronic plc (NYSE:MDT) by 0.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,020 shares of the medical technology companys stock after buying an additional 280 shares during the quarter. []

Cypress Asset Management Inc. TX cut its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,916 shares of the semiconductor companys stock after selling 175 shares during the quarter. Cypress Asset []

Cypress Asset Management Inc. TX cut its stake in Lockheed Martin Co. (NYSE:LMT) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,431 shares of the aerospace companys stock after selling 60 shares during the period. Lockheed Martin []

Cypress Asset Management Inc. TX lifted its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 0.2% during the 3rd quarter, Holdings Channel reports. The firm owned 4,990 shares of the companys stock after purchasing an additional 9 shares during the period. MercadoLibre makes up 2.2% of Cypress Asset Management Inc. TXs holdings, making the stock []

Cypress Asset Management Inc. TX lowered its holdings in Kellogg (NYSE:K) by 4.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,200 shares of the companys stock after selling 200 shares during the period. Cypress Asset Management Inc. TXs holdings in Kellogg were worth $268,000 as of its most recent filing with the []

Ternium S.A. Ternium S.A. with ticker code (TX) now have 14 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 70 and 43 with the average target price sitting at 57.68. Now with the previous closing price of 38.4 this would indicate that there is a potential upside of 50.2%. The day 50 moving average is 42.5 and the 200 day MA is 41.76. The market capitalisation for the company is $7,477m. Company Website: /> [stock_market_widget type="chart" symbol="TX" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Ternium S.A., through its subsidiaries, manufactures and processes various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods, tin plate and galvanized products, tubes, beams, insulated panels, roofing and cladding, roof tiles, steel decks, pre-engineered metal building systems, and pig iron products; and sells energy.

Ternium S.A. (NYSE:TX) was the target of a significant decline in short interest in the month of October. As of October 29th, there was short interest totalling 1,470,000 shares, a decline of 15.0% from the October 14th total of 1,730,000 shares. Based on an average trading volume of 814,500 shares, the days-to-cover ratio is presently []

Zacks Investment Research downgraded shares of Ternium (NYSE:TX) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning, Zacks.com reports. According to Zacks, Ternium is the leading producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in []

Oldfield Partners LLP lessened its stake in shares of Ternium S.A. (NYSE:TX) by 15.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,037,968 shares of the basic materials companys stock after selling 183,100 shares during the quarter. Ternium comprises about 4.7% of Oldfield Partners []

FAF, ETD, DFIN, and TX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 12, 2021.

A safe strategy with huge potential.

In total, I have written 2 articles on TX, but they both aged badly, even though I was right about most of the points. During the last 9 months alone, TX has generated free cash flows of ~15% of its c