Valmark Advisers Inc. Purchases New Shares in Trex Company, Inc. $TREX

Key Points

• Valmark Advisers Inc. has acquired a new stake of 6,005 shares in Trex Company, Inc., valued at approximately $327,000, during the second quarter of the year.
• Trex recently reported earnings of $0.74 per share for the quarter, surpassing analyst expectations and indicating a year-over-year revenue growth of 3.0%.
• Wall Street analysts exhibit a generally optimistic view towards Trex, with a consensus rating of "Moderate Buy" and a target price of $70.87 for the stock.

Valmark Advisers Inc. purchased a new stake in shares of Trex Company, Inc. (NYSE:TREX - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,005 shares of the construction company's stock, valued at approximately $327,000.

Other large investors have also added to or reduced their stakes in the company. Armstrong Advisory Group Inc. purchased a new position in Trex during the second quarter valued at $31,000. Parallel Advisors LLC raised its stake in Trex by 28.4% during the second quarter. Parallel Advisors LLC now owns 1,049 shares of the construction company's stock valued at $57,000 after buying an additional 232 shares during the last quarter. Brooklyn Investment Group raised its stake in Trex by 35,733.3% during the first quarter. Brooklyn Investment Group now owns 1,075 shares of the construction company's stock valued at $62,000 after buying an additional 1,072 shares during the last quarter. UMB Bank n.a. raised its stake in Trex by 41.4% during the second quarter. UMB Bank n.a. now owns 1,168 shares of the construction company's stock valued at $64,000 after buying an additional 342 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in Trex by 55.9% during the first quarter. Blue Trust Inc. now owns 1,138 shares of the construction company's stock valued at $66,000 after buying an additional 408 shares during the last quarter. Hedge funds and other institutional investors own 95.96% of the company's stock.

Wall Street Analyst Weigh In

TREX has been the subject of a number of recent research reports. Wall Street Zen upgraded Trex from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Baird R W upgraded Trex from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. UBS Group restated a "neutral" rating and issued a $74.00 price target (up previously from $72.00) on shares of Trex in a research note on Tuesday, August 5th. B. Riley upgraded Trex to a "strong-buy" rating in a research note on Monday, July 21st. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Trex in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $70.87.

Trex Stock Performance

NYSE:TREX opened at $50.25 on Friday. The stock has a 50-day simple moving average of $58.55 and a two-hundred day simple moving average of $58.35. Trex Company, Inc. has a 52-week low of $49.01 and a 52-week high of $80.74. The firm has a market capitalization of $5.39 billion, a PE ratio of 29.05, a P/E/G ratio of 2.19 and a beta of 1.49.

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 (EPS) 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 business had revenue of $387.80 million during the quarter, compared to analyst estimates of $377.49 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. Trex's revenue for the quarter was up 3.0% on a year-over-year basis. Trex has set its Q3 2025 guidance at EPS. Equities analysts forecast that Trex Company, Inc. will post 2.04 earnings per share for the current fiscal year.

Insider Transactions at Trex

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the business's stock in a transaction dated 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 sale, the senior vice president owned 22,953 shares of the company's stock, valued at approximately $1,473,123.54. The trade was a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.71% of the company's stock.

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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