Comerica Bank Reduces Stake in Trex Company, Inc. $TREX

Comerica Bank lowered its holdings in Trex Company, Inc. (NYSE:TREX) by 87.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 29,637 shares of the construction company’s stock after selling 200,514 shares during the quarter. Comerica Bank’s holdings in Trex were worth $1,040,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TREX. V Square Quantitative Management LLC purchased a new position in shares of Trex in the 4th quarter valued at about $27,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Trex in the 3rd quarter valued at about $31,000. Rothschild Investment LLC purchased a new position in shares of Trex in the 3rd quarter valued at about $60,000. Clearstead Advisors LLC grew its stake in Trex by 91.8% during the 3rd quarter. Clearstead Advisors LLC now owns 1,500 shares of the construction company’s stock worth $78,000 after buying an additional 718 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Trex by 662.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,517 shares of the construction company’s stock worth $78,000 after buying an additional 1,318 shares during the last quarter. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Trex News Summary

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Trex beat first-quarter estimates, reporting EPS of $0.59 versus the $0.51 consensus and revenue of $343.4 million versus expectations of $340.0 million, which reinforced investor confidence in the business. Trex Company Reports Solid First Quarter 2026 Results
• Positive Sentiment: The company’s updated guidance also looked constructive, with Q2 revenue guidance of $388 million-$403 million and full-year 2026 revenue guidance around $1.2 billion, both roughly in line to slightly above Wall Street expectations, while signaling continued growth momentum. Trex beats estimates in Q1, signals growth push as shares edge higher
• Positive Sentiment: Management said it expects to complete a $150 million share buyback in Q2 and outlined a 2027 regional launch, both of which suggest capital returns and longer-term growth initiatives are still priorities. Trex expects $1.185B-$1.23B in 2026 sales while outlining a 2027 regional launch and $150M buyback completion in Q2
• Neutral Sentiment: The earnings call and presentation added more detail on Trex’s operating trends and strategic priorities, but the main stock-moving catalyst remains the better-than-expected quarterly results and forward guidance. Trex Company, Inc. (TREX) Q1 2026 Earnings Call Transcript

Trex Trading Up 2.6%

Trex stock opened at $40.20 on Friday. Trex Company, Inc. has a twelve month low of $29.77 and a twelve month high of $68.78. The stock has a 50 day moving average of $38.87 and a two-hundred day moving average of $39.08. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 9.11 and a beta of 1.51.

Trex (NYSE:TREX) last posted its quarterly earnings data on Thursday, May 7th. The construction company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.08. Trex had a return on equity of 19.66% and a net margin of 16.25%.The company had revenue of $343.40 million during the quarter, compared to analysts’ expectations of $339.99 million. During the same period last year, the firm earned $0.60 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. Equities analysts predict that Trex Company, Inc. will post 1.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

TREX has been the topic of a number of research reports. Robert W. Baird set a $48.00 price target on Trex in a research note on Monday, January 12th. Benchmark downgraded Trex from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Stifel Nicolaus set a $40.00 price target on Trex and gave the stock a “hold” rating in a research note on Tuesday. Barclays dropped their price target on Trex from $39.00 to $35.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 8th. Finally, Citigroup raised their price target on Trex from $39.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $48.05.

About Trex

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.