Fort Washington Investment Advisors 13F: New $33M Stake in TREX

Fort Washington Investment Advisors opened a new position in Trex Company, Inc. (NYSE: TREX) in a filing on October 15, 2026. The firm took 754,311 shares valued at approximately $32,857,787. This marks a significant entry into the company for Fort Washington, which had no prior holdings in Trex.

Other Institutional Activity in Trex

Several other institutional investors have active positions in Trex Company. Blackrock Inc. holds 10,493,216 shares worth about $479,854,762, having increased its position by 131,593 shares, a 1.3% rise. Wellington Management Group, LLP has also expanded its position, adding 1,518,013 shares and totaling 9,877,116 shares valued at approximately $451,680,510. However, Alliancebernstein L.P. has slightly reduced its holdings, cutting 391,634 shares for a total of 6,039,140 shares worth around $276,169,869.

Trex Company, Inc. Stock Down 1.6%

Trex shares recently traded around $45.47, which is approximately equal to its 50-day moving average of $45.49. The stock is currently about 12.1% below its 52-week high of $51.75 but remains 52.7% above its 52-week low of $29.77. Investors should note that the mean price target for Trex is $55.21, indicating that analysts still see upside potential in the stock.

Recent Earnings

In its latest financial report, Trex Company posted trailing twelve-month revenue of $1,207,895,040 and earnings per share (EPS) of $1.7. The next earnings report is expected on November 4, 2026, which will provide further insight into its financial performance.

Insider Buying and Selling at Trex Company, Inc.

Insider trading activity at Trex includes Director B. Andrew Rose, who purchased 12,380 shares valued at about $503,560 on March 3, 2026. On June 25, 2026, Jacob Rudolph, the Senior Vice President and Chief Human Resources Officer, sold 1,400 shares at an average price of $50, totaling $70,000 under a planned sale. The same date also saw another officer, Jacob T. Rudolph, sell 1,400 shares.

Analysts Set New Price Targets

On October 8, 2026, Deutsche Bank upgraded Trex Company to a buy rating with a price target of $57. Citigroup maintains a Neutral rating with a target of $52, while BMO Capital has an Outperform rating and a target of $56. The consensus among analysts is currently positive, with a mean price target of $55.21 based on 19 opinions.

About Trex Company

Trex Company, Inc. manufactures and sells composite decking and railing products in the United States. Known for its environmentally friendly materials, Trex has carved a niche in the building products industry, particularly as interest in sustainable building practices has grown.

Bottom Line

With Fort Washington Investment Advisors now holding a significant stake in Trex, it will be important to monitor how this investment plays out. The upcoming earnings report on November 4, 2026, could provide crucial insights into the company's performance. Remember, this filing reflects holdings as of the reporting quarter and may not represent the investor's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.