Maureen Oconnell Buys Shares of Terex Corporation
Maureen Oconnell acquired 1,880 shares of Terex Corporation, valued at $135,002.80, on June 26, 2026.
Key Points
- Maureen Oconnell purchased 1,880 shares of Terex Corporation valued at $135,002.80 on June 26, 2026.
- Terex Corporation's stock traded near $73.57 on Tuesday with a market cap of $8.2 billion and a P/E ratio of 35.03.
- FMR LLC increased its Terex holdings by 8,042,953 shares, reaching 17,053,480 shares worth approximately $1.01 billion.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Maureen Oconnell, an insider, recently purchased 1,880 shares of Terex Corporation (NYSE:TEX) on June 26, 2026. The transaction was valued at $135,002.80, with shares bought at an average price of $71.81 each.
Other Institutional Activity in Terex Corporation
FMR LLC significantly increased its holdings in Terex Corporation by adding 8,042,953 shares, bringing its total to 17,053,480 shares, valued at about $1.01 billion. BlackRock, Inc. also boosted its position by 5,632,024 shares, ending with 14,034,517 shares worth approximately $829.44 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions with 5,812,653 and 5,085,548 shares, respectively. Dimensional Fund Advisors LP added 1,008,444 shares, now holding 4,442,435 shares valued at $262.53 million. State Street Corp increased its stake by 1,720,646 shares to a total of 4,117,381 shares, valued at $243.34 million.
Terex Corporation Stock Up 15.4%
Shares of NYSE:TEX traded near $73.57 on Tuesday. Terex Corporation has a market cap of $8.2 billion and a P/E ratio of 35.03. The stock's 52-week range is between $41.70 and $74.69, with a 50-day moving average of $62.34 and a 200-day moving average of $57.62. The company's beta is 1.54, indicating moderate volatility. Terex's current ratio is 1.84, and its quick ratio is 0.79, with a debt-to-equity ratio of 57.01.
$TEX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, Terex Corporation posted revenue of $5.93 billion, reflecting a growth rate of 41.1%. The company's earnings per share (EPS) stood at $2.05, with a net margin of 1.87% and a return on equity (ROE) of 3.21%. The next earnings release is scheduled for July 30, 2026.
Dividend
Terex Corporation offers an annual dividend rate of $0.68, yielding 0.95%. The dividend payout ratio is 33.17%.
Insider Buying and Selling at Terex Corporation
On June 26, 2026, several insiders, including David Sachs, Sandra O'Connor, Oluseun Salami, Paula Cholmondeley, Kathleen Steele, and David Dauch, purchased shares of Terex Corporation. Each transaction involved buying shares at an average price of $71.81, with varying amounts of shares acquired.
Analysts Set New Price Targets
On April 10, 2026, JP Morgan maintained a hold rating on Terex with a price target of $60. Barclays reinstated coverage with a buy rating and a $65 target on April 1, 2026. Citigroup upgraded the stock to a buy with a $75 target on March 9, 2026. The consensus among 12 analysts is a buy recommendation, with an average target price of $76.46.
About Terex Corporation
Terex Corporation, headquartered in Norwalk, Connecticut, manufactures machinery for industries such as construction, waste and recycling, and utilities. The company operates through segments like Materials Processing and Aerials, offering products under various brand names including Terex, Powerscreen, and Genie. Founded in 1933, Terex is led by CEO Simon A. Meester and employs around 10,700 people.
Bottom Line
Maureen Oconnell's recent purchase of Terex shares highlights ongoing insider interest in the company. Terex Corporation, a key player in industrial machinery, continues to experience institutional activity with notable increases from major funds. Investors keep an eye on Terex's performance, especially with upcoming earnings and recent analyst ratings providing insight into the stock's potential trajectory. As always, remember that insider and institutional activities reflect past actions and may not indicate future performance.
Get Terex Corporation alerts
New 13F filings, insider trades, and analyst moves on $TEX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
