Eisler Capital Management Ltd. Raises Holdings in Trex Company, Inc. $TREX

Key Points

• Eisler Capital Management Ltd. increased its holdings in Trex Company, Inc. by 78.0% during the first quarter, owning a total of 83,836 shares valued at approximately $4.875 million.
• Trex reported $0.74 earnings per share for the last quarter, exceeding estimates, with revenue of $387.80 million, reflecting a 3.0% increase compared to the previous year.
• Currently, 95.96% of Trex's stock is owned by hedge funds and other institutional investors, indicating strong institutional interest in the company.

Eisler Capital Management Ltd. raised its holdings in shares of Trex Company, Inc. (NYSE:TREX - Free Report) by 78.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 83,836 shares of the construction company's stock after purchasing an additional 36,747 shares during the period. Eisler Capital Management Ltd. owned approximately 0.08% of Trex worth $4,875,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TREX. GAMMA Investing LLC boosted its stake in shares of Trex by 137.7% in the 1st quarter. GAMMA Investing LLC now owns 1,666 shares of the construction company's stock worth $97,000 after buying an additional 965 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in shares of Trex in the 1st quarter worth $911,000. State of Alaska Department of Revenue boosted its stake in shares of Trex by 2.7% in the 1st quarter. State of Alaska Department of Revenue now owns 12,546 shares of the construction company's stock worth $728,000 after buying an additional 330 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Trex by 26.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 70,990 shares of the construction company's stock worth $4,125,000 after buying an additional 14,670 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of 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 buying an additional 408 shares during the last quarter. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Trex

In related news, SVP Amy M. Fernandez sold 1,538 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was 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 owned 22,953 shares in the company, valued at $1,473,123.54. The trade was a 6.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.74% of the stock is currently owned by insiders.

Trex Stock Performance

TREX stock opened at $63.53 on Wednesday. The firm has a fifty day moving average price of $61.31 and a 200 day moving average price of $59.44. Trex Company, Inc. has a fifty-two week low of $49.01 and a fifty-two week high of $80.74. The firm has a market cap of $6.81 billion, a PE ratio of 36.72, a price-to-earnings-growth ratio of 2.66 and a beta of 1.51.

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

Analyst Upgrades and Downgrades

TREX has been the topic of a number of research reports. Stephens dropped their price target on Trex from $73.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Monday, May 12th. Robert W. Baird upgraded shares of Trex from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from $65.00 to $75.00 in a research note on Thursday, July 10th. JPMorgan Chase & Co. dropped their price target on shares of Trex from $73.00 to $71.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of Trex from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, B. Riley upgraded shares of Trex to a "strong-buy" rating in a research note on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Trex currently has an average rating of "Moderate Buy" and an average price target of $71.93.

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.

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