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Principal Financial Group Inc. Increases Stock Position in Trex Company, Inc. $TREX
Principal Financial Group Inc. significantly increased its stake in Trex Company, Inc. (NYSE:TREX) during the fourth quarter, purchasing an additional 266,580 shares to bring its total holdings to 1.1 million shares valued at approximately $38.5 million. This increase follows strong Q4 earnings for Trex, which surpassed analyst expectations, and constructive guidance provided for Q2 and the full year 2026. Other institutional investors have also adjusted their positions in Trex, and analysts have issued mixed ratings with a consensus “Hold” and a price target of $48.05.