Vanguard Personalized Indexing Management LLC Acquires 993 Shares of Trex Company, Inc. $TREX

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Trex Company, Inc. (NYSE:TREX) by 7.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,191 shares of the construction company’s stock after acquiring an additional 993 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Trex were worth $826,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TREX. Armstrong Advisory Group Inc. bought a new stake in shares of Trex during the second quarter worth about $31,000. Parallel Advisors LLC increased its position in shares of Trex by 28.4% during the second quarter. Parallel Advisors LLC now owns 1,049 shares of the construction company’s stock worth $57,000 after acquiring an additional 232 shares in the last quarter. Brooklyn Investment Group increased its position in shares of Trex by 35,733.3% during the first quarter. Brooklyn Investment Group now owns 1,075 shares of the construction company’s stock worth $62,000 after acquiring an additional 1,072 shares in the last quarter. UMB Bank n.a. grew its position in Trex by 41.4% in the 2nd quarter. UMB Bank n.a. now owns 1,168 shares of the construction company’s stock worth $64,000 after purchasing an additional 342 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Trex by 55.9% in the 1st quarter. Blue Trust Inc. now owns 1,138 shares of the construction company’s stock worth $66,000 after purchasing an additional 408 shares in the last quarter. 95.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TREX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. reduced 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. The Goldman Sachs Group reduced their price objective on shares of Trex from $83.00 to $73.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Baird R W raised shares of Trex from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Finally, DA Davidson set a $60.00 price objective on shares of Trex and gave the stock a “neutral” rating in a research report on Thursday, October 9th. 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 issued a Sell rating to the company. Based on data from MarketBeat.com, Trex has a consensus rating of “Moderate Buy” and a consensus price target of $70.71.

Trex Stock Down 0.2%

Trex stock opened at $50.89 on Monday. Trex Company, Inc. has a twelve month low of $49.01 and a twelve month high of $80.74. The firm has a 50 day moving average price of $57.47 and a 200-day moving average price of $58.11. The company has a market capitalization of $5.46 billion, a P/E ratio of 29.41, a P/E/G ratio of 2.12 and a beta of 1.49.

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

Insider Buying and Selling at Trex

In other news, SVP Amy M. Fernandez sold 1,538 shares of the stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 22,953 shares of the company’s stock, valued at $1,473,123.54. This represents a 6.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.74% of the stock is owned by corporate insiders.

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.