Trex Company, Inc. $TREX Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its position in Trex Company, Inc. (NYSE:TREX) by 21.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,377 shares of the construction company’s stock after acquiring an additional 239 shares during the quarter. Blue Trust Inc.’s holdings in Trex were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its holdings in Trex by 137.7% in the first quarter. GAMMA Investing LLC now owns 1,666 shares of the construction company’s stock valued at $97,000 after acquiring an additional 965 shares during the last quarter. Red Spruce Capital LLC boosted its holdings in Trex by 276.5% in the second quarter. Red Spruce Capital LLC now owns 56,973 shares of the construction company’s stock valued at $3,098,000 after acquiring an additional 41,841 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in Trex in the first quarter valued at $911,000. Voya Investment Management LLC boosted its holdings in Trex by 24.0% in the first quarter. Voya Investment Management LLC now owns 395,913 shares of the construction company’s stock valued at $23,003,000 after acquiring an additional 76,562 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in Trex by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 12,546 shares of the construction company’s stock valued at $728,000 after acquiring an additional 330 shares during the last quarter. Institutional investors and hedge funds own 95.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. B. Riley upgraded Trex to a “strong-buy” rating in a report on Monday, July 21st. Baird R W raised Trex from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Robert W. Baird raised Trex from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $65.00 to $75.00 in a research report on Thursday, July 10th. UBS Group reissued a “neutral” rating and issued a $74.00 price objective (up from $72.00) on shares of Trex in a research report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. cut their price objective on Trex from $73.00 to $71.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Trex currently has a consensus rating of “Moderate Buy” and an average target price of $70.71.

Insider Transactions at Trex

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the business’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $64.18, for a total transaction of $98,708.84. Following the sale, the senior vice president directly owned 22,953 shares of the company’s stock, valued at $1,473,123.54. The trade was a 6.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.71% of the stock is currently owned by company insiders.

Trex Trading Down 0.2%

Shares of NYSE TREX opened at $50.89 on Friday. Trex Company, Inc. has a 12-month low of $49.01 and a 12-month high of $80.74. The company has a market cap of $5.46 billion, a PE ratio of 29.41, a P/E/G ratio of 2.12 and a beta of 1.49. The stock has a 50 day simple moving average of $57.47 and a 200-day simple moving average of $58.10.

Trex (NYSE:TREX) last announced its earnings results on Monday, August 4th. The construction company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The firm had revenue of $387.80 million for the quarter, compared to analysts’ expectations of $377.49 million. Trex had a return on equity of 21.27% and a net margin of 16.53%.The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.80 earnings per share. Trex has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Trex Company, Inc. will post 2.04 earnings per share for the current fiscal 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.