Citigroup Inc. Sells 275,403 Shares of Trex Company, Inc. $TREX

Citigroup Inc. decreased its position in Trex Company, Inc. (NYSE:TREX) by 40.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 409,462 shares of the construction company’s stock after selling 275,403 shares during the period. Citigroup Inc. owned about 0.38% of Trex worth $21,157,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. WCM Investment Management LLC increased its position in shares of Trex by 734.5% in the third quarter. WCM Investment Management LLC now owns 39,566 shares of the construction company’s stock valued at $2,033,000 after acquiring an additional 34,825 shares during the period. Lisanti Capital Growth LLC bought a new stake in shares of Trex in the third quarter worth about $3,614,000. Thrivent Financial for Lutherans increased its holdings in Trex by 7.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 906,892 shares of the construction company’s stock valued at $46,859,000 after purchasing an additional 66,721 shares during the period. Advantage Alpha Capital Partners LP raised its position in Trex by 169.2% during the 2nd quarter. Advantage Alpha Capital Partners LP now owns 75,013 shares of the construction company’s stock valued at $4,079,000 after purchasing an additional 47,143 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in Trex during the 2nd quarter valued at approximately $3,015,000. 95.96% of the stock is owned by hedge funds and other institutional investors.

Trex Price Performance

Shares of NYSE TREX opened at $41.91 on Friday. Trex Company, Inc. has a 1 year low of $29.77 and a 1 year high of $68.78. The firm has a 50-day moving average of $40.55 and a 200 day moving average of $45.58. The stock has a market cap of $4.49 billion, a P/E ratio of 23.68 and a beta of 1.58.

Trex (NYSE:TREX) last announced its earnings results on Tuesday, February 24th. The construction company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. Trex had a net margin of 16.22% and a return on equity of 20.29%. The business had revenue of $161.13 million during the quarter, compared to the consensus estimate of $144.39 million. During the same quarter last year, the firm earned $0.09 earnings per share. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. Research analysts expect that Trex Company, Inc. will post 2.04 earnings per share for the current fiscal year.

Trex News Roundup

Here are the key news stories impacting Trex this week:

• Positive Sentiment: Q4 earnings beat and upbeat commentary: Trex reported Q4 revenue and EPS above expectations, highlighted strong momentum in new products (24% of 2025 sales) and raised 2026 sales/EBITDA targets — a key reason investors are buying the stock. Q4 Earnings Surprise Could Offer Trex Stock a Path to Recovery
• Positive Sentiment: UBS raised its price target to $58 and keeps a buy stance — a material upside signal from a major shop that supports further upside for TREX. UBS price target raise
• Positive Sentiment: Loop Capital upgraded TREX to Buy and lifted its target to $53 — another bullish analyst move that likely adds buying pressure. Loop Capital Upgrades Trex to Buy
• Neutral Sentiment: Citigroup raised its price target to $46 but kept a Neutral rating — the PT bump helps sentiment but the Neutral stance tempers conviction. Citigroup price target raise
• Neutral Sentiment: CEO transition announced: longtime CEO Bryan Fairbanks will retire in April with COO Adam Zambanini named successor — investors have so far reacted positively to the internal succession, but leadership changes carry execution risk. Trex announces leadership transition
• Neutral Sentiment: Analyst and commentary take: several analysts and outlets note Trex’s resilience and innovation but warn upside is uncertain without stronger consumer demand — useful context that may limit speculative rallies. Trex Company: Resilience Is Well-Founded, But Upside Is Wobbly
• Negative Sentiment: Barclays raised its target but kept an Underweight rating — a signal that some firms still expect downside relative to peers, which can cap rallies. Barclays underweight/target update
• Negative Sentiment: Institutional selling: a fund disclosed selling ~107,000 TREX shares (~$4.3M) in an SEC filing — notable selling by an institutional holder that could weigh on near-term supply/demand dynamics. Fund Sheds 107,000 Shares of TREX

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TREX shares. BMO Capital Markets reiterated an “outperform” rating and issued a $54.00 price objective on shares of Trex in a research report on Thursday, January 8th. Zelman & Associates cut shares of Trex from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 5th. Barclays upped their price objective on shares of Trex from $32.00 to $39.00 and gave the stock an “underweight” rating in a report on Wednesday. DA Davidson raised shares of Trex from a “neutral” rating to a “buy” rating and lifted their target price for the company from $45.00 to $50.00 in a research note on Monday, January 12th. Finally, Truist Financial reduced their price target on shares of Trex from $75.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Ten equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $47.73.

Trex Profile

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.