Terex (TEX) Insider Kathleen Steele Buys $270K of Stock

Kathleen Steele Buys Terex Corporation Stock

Terex Corporation insider Kathleen Steele bought 3,760 shares of the industrial equipment maker on June 26, 2026. The transaction carried a price of $71.81 per share, totaling roughly $270,005. This purchase was executed in the open market and added to the insider's holdings in the company.

TEX Stock Trades Near Recent Highs

Terex Corporation (NYSE: TEX) shares have traded near the upper end of their 52-week range, which spans from $41.70 to $74.69. The stock changed hands around $73.57 recently, sitting well above its 50-day moving average of $64.27 and its 200-day moving average of $61.94. The company carries a market capitalization of $6.73 billion, a trailing P/E ratio of 28.2, and a forward P/E ratio of 9.9.

Group Insider Buying at Terex Corporation

Kathleen Steele was not the only person purchasing shares of Terex Corporation on June 26, 2026. Srikanth Padmanabhan acquired 3,760 shares worth about $270,006. Sandra O'Connor also picked up 3,760 shares for roughly $270,006. Maureen Oconnell bought 1,880 shares valued at about $135,003. David Dauch purchased 1,467 shares worth around $105,345, while Paula Cholmondeley acquired 1,128 shares for approximately $81,002. Oluseun Salami rounded out the group by buying 3,760 shares for about $270,006. None of these transactions were carried out under pre-arranged Rule 10b5-1 plans.

Analysts Set New Price Targets

Wall Street analysts maintain varied views on Terex Corporation, with 13 analysts offering opinions. The consensus target price stands at $79.94, with individual targets ranging from a low of $66.50 up to $100.00. Recent updates include Citigroup maintaining a Buy rating with a $65.00 target on October 12, 2026, and JP Morgan maintaining a Neutral rating with a $58.00 target on October 8, 2026. Truist Securities also kept a Buy rating with an $85.00 target on October 5, 2026.

What Terex Corporation Does

Based in Norwalk, Connecticut, Terex Corporation manufactures industrial equipment for materials processing, waste and recycling solutions, mobile elevating work platforms, and electric utility infrastructure. Its portfolio includes brands that serve construction, quarrying, mining, and waste management projects worldwide.

Looking Ahead for Terex Corporation

Investors are tracking upcoming financial milestones, including the company's next earnings report scheduled for October 29, 2026. Insider transactions provide a look at how executives and board members manage their personal stakes, though they represent just one facet of corporate health.