Kathleen Steele Acquires Terex Corporation Shares
Kathleen Steele bought 3,760 shares of Terex Corporation valued at $270,005.60.
Key Points
- Kathleen Steele purchased 3,760 shares of Terex Corporation (NYSE:TEX) on June 26, 2026, at an average price of $71.81, totaling $270,005.60.
- Shares of Terex Corporation traded near $73.57 on Tuesday, with a 52-week high of $74.69 and a market cap of approximately $8.20 billion.
- JP Morgan maintained a 'hold' rating with a $60 target on April 10, 2026, while Barclays reinstated a 'buy' with a $65 target on April 1, 2026.
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Kathleen Steele, an insider at Terex Corporation (NYSE:TEX), made a notable purchase on June 26, 2026. She acquired 3,760 shares of the company at an average price of $71.81 per share, amounting to a total investment of $270,005.60. This transaction is not part of a pre-planned trading program.
Insider Buying and Selling at Terex Corporation
Several insiders at Terex Corporation made purchases on June 26, 2026. Alongside Kathleen Steele, insiders such as David Sachs, Sandra O'Connor, and Oluseun Salami each bought 3,760 shares at the same price of $71.81. Paula Cholmondeley acquired 1,128 shares, while David Dauch purchased 1,467 shares. None of these transactions were part of pre-planned trading programs.
Terex Corporation Stock Up 15.4%
Shares of Terex Corporation traded close to $73.57 on Tuesday. The company's market capitalization stands at roughly $8.20 billion. It has a P/E ratio of 35.03 and a forward P/E of 12.37, indicating expectations for future earnings growth. The stock's 52-week range spans from $41.70 to $74.69. Terex's 50-day moving average is $62.34, while its 200-day moving average is $57.62. The company maintains a current ratio of 1.84 and a quick ratio of 0.79, with a debt-to-equity ratio of 57.01.
$TEX stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have been active in setting new price targets for Terex Corporation. On April 10, 2026, JP Morgan maintained a 'hold' rating with a target price of $60. Barclays reinstated a 'buy' rating on April 1, 2026, with a target of $65. Earlier, on March 9, 2026, Citigroup upgraded the stock to a 'buy' with a target of $75. The consensus among analysts is a 'buy' recommendation, with an average target price of $76.46 based on 12 opinions.
About Terex Corporation
Terex Corporation, headquartered in Norwalk, Connecticut, is a global manufacturer of industrial equipment. The company operates in sectors such as materials processing machinery, waste and recycling solutions, and mobile elevating work platforms. Terex serves a variety of industries, including construction, infrastructure, and recycling. Under the leadership of CEO Simon A. Meester, Terex employs approximately 10,700 people worldwide.
Bottom Line
Kathleen Steele's recent purchase of Terex Corporation shares highlights insider confidence in the company's prospects. Terex's stock performance and market metrics suggest a healthy financial position, with analysts generally optimistic about its future. However, as with all 13F filings and insider transactions, these moves are historical and may not reflect current positions or future intentions.
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