Montanaro Asset Management Ltd Cuts Stock Position in Trex Company, Inc. $TREX

Posted by George Bondi on Jun 20th, 2026

Montanaro Asset Management Ltd cut its position in shares of Trex Company, Inc. (NYSE:TREX – Free Report) by 6.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 302,462 shares of the construction company’s stock after selling 20,000 shares during the period. Trex accounts for approximately 3.0% of Montanaro Asset Management Ltd’s holdings, making the stock its 14th largest holding. Montanaro Asset Management Ltd’s holdings in Trex were worth $10,610,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC grew its position in Trex by 3.2% during the first quarter. AQR Capital Management LLC now owns 5,642 shares of the construction company’s stock valued at $320,000 after acquiring an additional 177 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Trex by 91.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 822,772 shares of the construction company’s stock worth $47,803,000 after acquiring an additional 392,715 shares during the last quarter. Hsbc Holdings PLC boosted its stake in shares of Trex by 6.3% in the 2nd quarter. Hsbc Holdings PLC now owns 5,403 shares of the construction company’s stock valued at $294,000 after purchasing an additional 322 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Trex by 535.1% in the 2nd quarter. First Trust Advisors LP now owns 22,038 shares of the construction company’s stock valued at $1,198,000 after purchasing an additional 18,568 shares in the last quarter. Finally, Jump Financial LLC bought a new position in shares of Trex during the 2nd quarter valued at $1,055,000. 95.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TREX has been the topic of a number of analyst reports. Stifel Nicolaus lifted their target price on shares of Trex from $40.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, May 11th. Barclays reaffirmed 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. Bank of America decreased their price objective on Trex from $43.00 to $42.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. Citigroup reissued a “neutral” rating and issued a $43.00 target price (down from $46.00) on shares of Trex in a research note on Monday, May 11th. Finally, UBS Group restated a “buy” rating and set a $59.00 target price (up from $58.00) on shares of Trex in a report on Friday, May 8th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued 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 $46.42.

View Our Latest Research Report on Trex

Trex Price Performance

NYSE:TREX opened at $47.13 on Friday. The firm has a market capitalization of $4.90 billion, a P/E ratio of 26.33, a P/E/G ratio of 9.55 and a beta of 1.51. The company has a fifty day moving average of $41.25 and a 200 day moving average of $39.60. Trex Company, Inc. has a 52 week low of $29.77 and a 52 week high of $68.78.

Trex (NYSE:TREX – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.08. Trex had a net margin of 16.25% and a return on equity of 19.66%. The business had revenue of $343.40 million for the quarter, compared to analyst estimates of $339.99 million. During the same quarter last year, the firm earned $0.60 EPS. The company’s revenue was up 1.0% on a year-over-year basis. As a group, analysts anticipate that Trex Company, Inc. will post 1.68 EPS for the current year.

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.