Motley Fool Asset Management LLC Has $1.59 Million Position in Trex Company, Inc. $TREX

Motley Fool Asset Management LLC lowered its position in Trex Company, Inc. (NYSE:TREX) by 68.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,186 shares of the construction company’s stock after selling 64,467 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Trex were worth $1,587,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. bought a new position in shares of Trex in the second quarter valued at about $31,000. Parallel Advisors LLC raised its position in shares of Trex by 28.4% in the second quarter. Parallel Advisors LLC now owns 1,049 shares of the construction company’s stock valued at $57,000 after purchasing an additional 232 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Trex in the second quarter valued at about $60,000. Brooklyn Investment Group raised its position in shares of Trex by 35,733.3% in the first quarter. Brooklyn Investment Group now owns 1,075 shares of the construction company’s stock valued at $62,000 after purchasing an additional 1,072 shares during the period. Finally, CWM LLC raised its position in shares of Trex by 16.8% in the second quarter. CWM LLC now owns 1,141 shares of the construction company’s stock valued at $62,000 after purchasing an additional 164 shares during the period. Institutional investors and hedge funds own 95.96% of the company’s stock.

Trex Stock Performance

NYSE:TREX opened at $50.39 on Wednesday. Trex Company, Inc. has a 52 week low of $48.48 and a 52 week high of $80.74. The firm has a market cap of $5.40 billion, a price-to-earnings ratio of 29.13, a P/E/G ratio of 2.07 and a beta of 1.49. The firm’s 50-day simple moving average is $55.67 and its 200 day simple moving average is $57.91.

Trex (NYSE:TREX) last released its quarterly earnings results on Monday, August 4th. The construction company reported $0.74 EPS for the quarter, topping 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 business had revenue of $387.80 million for the quarter, compared to analyst estimates of $377.49 million. During the same period last year, the firm earned $0.80 earnings per share. Trex’s revenue for the quarter was up 3.0% compared to the same quarter last year. Trex has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Trex Company, Inc. will post 2.04 EPS for the current year.

Insider Buying and Selling

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $64.18, for a total value of $98,708.84. Following the transaction, the senior vice president directly owned 22,953 shares of the company’s stock, valued at $1,473,123.54. This trade represents a 6.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.74% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Trex from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. B. Riley raised shares of Trex to a “strong-buy” rating in a research report on Monday, July 21st. The Goldman Sachs Group dropped their price objective on shares of Trex from $83.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Zacks Research lowered shares of Trex from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Finally, Baird R W raised shares of Trex from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $70.71.

About Trex

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.