Srikanth Padmanabhan Buys Shares of Terex Corporation

Srikanth Padmanabhan, an insider at Terex Corporation, bought 3,760 shares of the company on June 26, 2026. The transaction was valued at $270,005.60, with an average purchase price of $71.81 per share. This purchase was not part of a pre-planned trading program.

Insider Buying and Selling at Terex Corporation

Several insiders joined Srikanth Padmanabhan in purchasing shares on June 26, 2026. David Sachs, Sandra O'Connor, Oluseun Salami, Kathleen Steele, and David Dauch each bought 3,760 shares at the same average price of $71.81. Paula Cholmondeley acquired 1,128 shares. None of these transactions were pre-planned.

Terex Corporation Stock Up 15.4%

Shares of NYSE:TEX traded near $73.57 on Tuesday. Terex Corporation, with a market cap of approximately $8.20 billion, has a P/E ratio of 35.03 and a forward P/E of 12.37. Its beta stands at 1.54, indicating higher volatility than the market. 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.

Recent Earnings

Terex Corporation reported revenue of about $5.93 billion, with a revenue growth rate of 41.1%. The net margin was 1.87%, and the return on equity was 3.21%. The company posted an EPS of $2.05. The next earnings report is expected on July 30, 2026.

Dividend

Terex Corporation offers an annual dividend rate of $0.68, yielding 0.95%. The dividend payout ratio is 33.2%.

Analysts Set New Price Targets

Analyst activity has been notable, with Citigroup upgrading Terex to a 'buy' rating with a $75.00 price target on March 9, 2026. Barclays reinstated a 'buy' rating with a $65.00 target on April 1, 2026. JP Morgan maintained a 'hold' rating on April 10, 2026, with a $60.00 target. The consensus among 12 analysts is a 'buy' recommendation, with an average target price of $76.46.

About Terex Corporation

Terex Corporation, based in Norwalk, Connecticut, is a global manufacturer of industrial equipment. It operates through several segments, including materials processing machinery, mobile elevating work platforms, and electric utility equipment. The company's products are used in various industries such as construction, infrastructure, and recycling. Led by CEO Simon A. Meester, Terex employs around 10,700 people.

Bottom Line

Insider purchases like those by Srikanth Padmanabhan often attract investor interest, though they do not necessarily indicate future stock performance. Terex Corporation's stock is trading near its 52-week high, suggesting a strong market position. Analyst sentiment remains positive, with a consensus 'buy' rating and several firms setting price targets above the current trading price.