550,000 Shares in Trex Company, Inc. $TREX Purchased by Hill City Capital LP

Posted by Brenda Bartman on Aug 24th, 2026

Hill City Capital LP bought a new position in shares of Trex Company, Inc. (NYSE:TREX – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 550,000 shares of the construction company’s stock, valued at approximately $27,522,000. Trex makes up 0.7% of Hill City Capital LP’s portfolio, making the stock its 21st largest position. Hill City Capital LP owned about 0.53% of Trex as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. M&T Bank Corp bought a new position in shares of Trex during the fourth quarter valued at approximately $917,000. State of New Jersey Common Pension Fund D raised its stake in Trex by 76.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 69,509 shares of the construction company’s stock worth $2,438,000 after buying an additional 30,191 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in Trex by 46.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 84,170 shares of the construction company’s stock worth $2,953,000 after buying an additional 26,818 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Trex by 32.1% during the fourth quarter. Principal Financial Group Inc. now owns 1,098,189 shares of the construction company’s stock worth $38,524,000 after buying an additional 266,580 shares during the period. Finally, California State Teachers Retirement System lifted its holdings in Trex by 26.6% during the first quarter. California State Teachers Retirement System now owns 129,321 shares of the construction company’s stock worth $4,710,000 after buying an additional 27,189 shares during the period. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Insider Transactions at Trex

In other news, SVP Jacob T. Rudolph sold 1,400 shares of the stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $50.00, for a total value of $70,000.00. Following the transaction, the senior vice president directly owned 36,631 shares of the company’s stock, valued at approximately $1,831,550. This represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Amy M. Fernandez sold 1,050 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $50.07, for a total value of $52,573.50. Following the completion of the transaction, the senior vice president owned 67,794 shares of the company’s stock, valued at approximately $3,394,445.58. The trade was a 1.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.93% of the company’s stock.

Trex Trading Down 0.1%

Shares of Trex stock opened at $46.80 on Monday. Trex Company, Inc. has a 12-month low of $29.77 and a 12-month high of $66.06. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 27.86, a PEG ratio of 3.23 and a beta of 1.48. The firm’s 50 day simple moving average is $46.72 and its two-hundred day simple moving average is $42.37.

Trex (NYSE:TREX – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The construction company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.01). The company had revenue of $418.02 million for the quarter, compared to analyst estimates of $415.71 million. Trex had a return on equity of 18.03% and a net margin of 14.68%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.71 earnings per share. On average, sell-side analysts predict that Trex Company, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on TREX shares. Zelman & Associates upgraded Trex from a “neutral” rating to an “outperform” rating and set a $50.00 price target on the stock in a report on Monday, May 18th. Stifel Nicolaus set a $49.00 price target on Trex and gave the stock a “hold” rating in a research report on Tuesday, August 11th. UBS Group restated a “buy” rating and set a $61.00 price objective (up from $59.00) on shares of Trex in a research note on Tuesday, July 14th. Barclays reaffirmed an “underweight” rating and set a $42.00 price objective (up from $36.00) on shares of Trex in a research report on Tuesday, July 14th. Finally, Truist Financial lifted their target price on Trex from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $49.30.

Get Our Latest Stock Analysis on Trex

About Trex

(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.