Callan Family Office LLC Increases Stock Position in Trex Company, Inc. $TREX

Callan Family Office LLC boosted its stake in Trex Company, Inc. (NYSE:TREX) by 60.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,166 shares of the construction company’s stock after acquiring an additional 2,329 shares during the period. Callan Family Office LLC’s holdings in Trex were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TREX. Armstrong Advisory Group Inc. purchased a new stake in Trex in the second quarter valued at $31,000. Parallel Advisors LLC lifted its position in Trex by 28.4% in the second quarter. Parallel Advisors LLC now owns 1,049 shares of the construction company’s stock valued at $57,000 after acquiring an additional 232 shares during the last quarter. Brooklyn Investment Group increased its stake in Trex by 35,733.3% in the first quarter. Brooklyn Investment Group now owns 1,075 shares of the construction company’s stock valued at $62,000 after purchasing an additional 1,072 shares during the period. UMB Bank n.a. increased its stake in Trex by 41.4% in the second quarter. UMB Bank n.a. now owns 1,168 shares of the construction company’s stock valued at $64,000 after purchasing an additional 342 shares during the period. Finally, Blue Trust Inc. increased its stake in Trex by 55.9% in the first quarter. Blue Trust Inc. now owns 1,138 shares of the construction company’s stock valued at $66,000 after purchasing an additional 408 shares during the period. 95.96% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the company’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $64.18, for a total transaction of $98,708.84. Following the transaction, the senior vice president directly owned 22,953 shares in the company, valued at approximately $1,473,123.54. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.71% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on TREX shares. Wall Street Zen upgraded shares of Trex from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. The Goldman Sachs Group dropped their price objective on shares of Trex from $83.00 to $73.00 and set a “buy” rating on the stock in a research note on Monday. Weiss Ratings restated a “hold (c-)” rating on shares of Trex in a research note on Wednesday, October 8th. DA Davidson set a $60.00 price objective on shares of Trex and gave the company a “neutral” rating in a research note on Thursday, October 9th. Finally, Loop Capital restated a “hold” rating and issued a $66.00 price objective on shares of Trex in a research note on Tuesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Trex presently has an average rating of “Moderate Buy” and an average price target of $71.00.

Trex Trading Down 1.2%

Shares of TREX opened at $52.52 on Thursday. The firm’s 50-day moving average is $57.86 and its two-hundred day moving average is $58.20. Trex Company, Inc. has a twelve month low of $49.01 and a twelve month high of $80.74. The firm has a market capitalization of $5.63 billion, a P/E ratio of 30.36, a PEG ratio of 2.21 and a beta of 1.49.

Trex (NYSE:TREX) last issued its earnings results on Monday, August 4th. The construction company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. Trex had a net margin of 16.53% and a return on equity of 21.27%. The company had revenue of $387.80 million for the quarter, compared to analyst estimates of $377.49 million. During the same period in the prior year, the business posted $0.80 earnings per share. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Trex has set its Q3 2025 guidance at EPS. Analysts predict that Trex Company, Inc. will post 2.04 EPS for the current year.

Trex Company Profile

Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.