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

Citigroup Inc. reduced its position in shares of Trex Company, Inc. (NYSE:TREX) by 40.2% in the third quarter, Holdings Channel reports. The firm owned 409,462 shares of the construction company’s stock after selling 275,403 shares during the quarter. Citigroup Inc.’s holdings in Trex were worth $21,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Trex during the third quarter valued at approximately $31,000. Rothschild Investment LLC bought a new position in Trex in the 3rd quarter valued at approximately $60,000. CWM LLC lifted its position in Trex by 16.8% in the 2nd quarter. CWM LLC now owns 1,141 shares of the construction company’s stock valued at $62,000 after acquiring an additional 164 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Trex by 10,133.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,228 shares of the construction company’s stock valued at $67,000 after purchasing an additional 1,216 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Trex by 37.1% in the 3rd quarter. GAMMA Investing LLC now owns 1,999 shares of the construction company’s stock worth $103,000 after purchasing an additional 541 shares in the last quarter. Institutional investors own 95.96% of the company’s stock.

More Trex News

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

Trex Stock Up 0.5%

Shares of NYSE:TREX opened at $41.91 on Friday. The stock has a market capitalization of $4.49 billion, a PE ratio of 23.68 and a beta of 1.58. The firm’s 50 day moving average price is $40.55 and its 200-day moving average price is $45.58. Trex Company, Inc. has a twelve month low of $29.77 and a twelve month high of $68.78.

Trex (NYSE:TREX) last announced its earnings results on Tuesday, February 24th. The construction company reported $0.04 EPS 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 analysts’ expectations of $144.39 million. During the same period in the prior year, the company earned $0.09 earnings per share. The firm’s revenue was down 3.9% on a year-over-year basis. Analysts expect that Trex Company, Inc. will post 2.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

TREX has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on Trex from $71.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Deutsche Bank Aktiengesellschaft cut shares of Trex from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research note on Wednesday, November 5th. Zacks Research raised shares of Trex from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 3rd. Robert W. Baird set a $48.00 price objective on shares of Trex in a report on Monday, January 12th. Finally, UBS Group increased their price objective on shares of Trex from $52.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday. Ten investment 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 data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $47.73.

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.