Trex Company, Inc. $TREX Stock Position Decreased by Curbstone Financial Management Corp

Curbstone Financial Management Corp reduced its stake in Trex Company, Inc. (NYSE:TREX) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,620 shares of the construction company’s stock after selling 300 shares during the period. Curbstone Financial Management Corp’s holdings in Trex were worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in TREX. WCM Investment Management LLC increased its stake in Trex by 11.9% in the 2nd quarter. WCM Investment Management LLC now owns 4,741 shares of the construction company’s stock valued at $260,000 after buying an additional 505 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in Trex in the 2nd quarter valued at about $217,000. CWM LLC increased its position in Trex by 16.8% in the 2nd quarter. CWM LLC now owns 1,141 shares of the construction company’s stock valued at $62,000 after acquiring an additional 164 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Trex by 7.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,191 shares of the construction company’s stock worth $826,000 after buying an additional 993 shares during the period. Finally, Inspire Investing LLC lifted its stake in Trex by 20.2% in the second quarter. Inspire Investing LLC now owns 7,153 shares of the construction company’s stock valued at $389,000 after buying an additional 1,201 shares in the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Insider Transactions at Trex

In other news, SVP Amy M. Fernandez sold 1,538 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $64.18, for a total value of $98,708.84. Following the transaction, the senior vice president owned 22,953 shares of the company’s stock, valued at $1,473,123.54. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.71% of the company’s stock.

Analyst Upgrades and Downgrades

TREX has been the topic of a number of recent analyst reports. Baird R W upgraded shares of Trex from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. UBS Group reaffirmed a “neutral” rating and set a $74.00 price objective (up previously from $72.00) on shares of Trex in a research report on Tuesday, August 5th. JPMorgan Chase & Co. cut their price objective on shares of Trex from $73.00 to $71.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Wall Street Zen raised shares of Trex from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Loop Capital reissued a “hold” rating and issued a $66.00 target price on shares of Trex in a report on Tuesday, August 5th. Two equities 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 given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $70.71.

Trex Price Performance

TREX opened at $50.89 on Friday. The firm has a market capitalization of $5.46 billion, a P/E ratio of 29.41, a price-to-earnings-growth ratio of 2.12 and a beta of 1.49. The company has a fifty day moving average price of $57.47 and a 200-day moving average price of $58.10. Trex Company, Inc. has a one year low of $49.01 and a one year high of $80.74.

Trex (NYSE:TREX) last posted its earnings results on Monday, August 4th. The construction company reported $0.74 earnings per share (EPS) for the quarter, beating 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 business’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 earnings per share. Trex has set its Q3 2025 guidance at EPS. On average, analysts expect that Trex Company, Inc. will post 2.04 earnings per share for the current year.

Trex 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.