Sit Investment Associates Inc. Reduces Holdings in Trex Company, Inc. $TREX

Posted by Stanley Muller on Jun 20th, 2026

Sit Investment Associates Inc. trimmed its holdings in shares of Trex Company, Inc. (NYSE:TREX – Free Report) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,520 shares of the construction company’s stock after selling 13,800 shares during the quarter. Sit Investment Associates Inc.’s holdings in Trex were worth $2,298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Alliancebernstein L.P. raised its position in Trex by 1.9% in the third quarter. Alliancebernstein L.P. now owns 7,543,925 shares of the construction company’s stock worth $389,795,000 after acquiring an additional 142,215 shares during the period. Wellington Management Group LLP grew its position in shares of Trex by 266.0% during the 4th quarter. Wellington Management Group LLP now owns 7,225,393 shares of the construction company’s stock valued at $253,467,000 after acquiring an additional 5,251,297 shares during the period. AQR Capital Management LLC increased its stake in shares of Trex by 143.8% in the 4th quarter. AQR Capital Management LLC now owns 3,895,534 shares of the construction company’s stock worth $136,655,000 after purchasing an additional 2,297,533 shares in the last quarter. Morgan Stanley increased its stake in shares of Trex by 44.6% in the 4th quarter. Morgan Stanley now owns 2,313,285 shares of the construction company’s stock worth $81,150,000 after purchasing an additional 713,054 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in Trex by 2.5% in the 3rd quarter. American Century Companies Inc. now owns 2,191,472 shares of the construction company’s stock worth $113,233,000 after purchasing an additional 53,554 shares during the period. 95.96% of the stock is owned by hedge funds and other institutional investors.

Trex Stock Performance

TREX opened at $47.13 on Friday. Trex Company, Inc. has a fifty-two week low of $29.77 and a fifty-two week high of $68.78. The firm’s fifty day moving average is $41.25 and its 200 day moving average is $39.60. The stock has a market cap of $4.90 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 9.55 and a beta of 1.51.

Trex (NYSE:TREX – Get Free Report) last issued its earnings results on Thursday, May 7th. The construction company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.08. Trex had a net margin of 16.25% and a return on equity of 19.66%. The company had revenue of $343.40 million during the quarter, compared to the consensus estimate of $339.99 million. During the same quarter in the prior year, the firm posted $0.60 EPS. Trex’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities research analysts predict that Trex Company, Inc. will post 1.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

TREX has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on Trex from $40.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, May 11th. Loop Capital upgraded Trex from a “hold” rating to a “buy” rating and upped their price target for the stock from $45.00 to $53.00 in a research report on Wednesday, February 25th. Wall Street Zen downgraded Trex from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Bank of America lowered their price objective on Trex from $43.00 to $42.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Finally, Barclays reiterated an “underweight” rating and set a $36.00 price objective (up from $35.00) on shares of Trex in a research note on Monday, May 11th. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $46.42.

Get Our Latest Analysis on TREX

Trex Company Profile

(Free Report)

Trex Company, Inc is a leading manufacturer of wood-alternative decking and railing systems designed for residential and commercial outdoor living environments. The company’s core offerings feature composite decking products made from a proprietary blend of recycled wood fibers and plastic film, which deliver enhanced durability, resistance to rot and insect damage, and low maintenance compared to traditional wood. Trex also provides matching railing, lighting, fencing and cladding solutions that allow customers to create cohesive, high-performance outdoor spaces.

Trex’s product portfolio is organized into multiple performance tiers, including premium, mid-range and value-oriented lines.