Inspire Investing LLC Has $343,000 Stock Holdings in Trinity Industries, Inc. $TRN

Inspire Investing LLC raised its stake in Trinity Industries, Inc. (NYSE:TRN) by 7.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,234 shares of the transportation company’s stock after buying an additional 891 shares during the quarter. Inspire Investing LLC’s holdings in Trinity Industries were worth $343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of TRN. Rhumbline Advisers grew its holdings in shares of Trinity Industries by 0.9% during the first quarter. Rhumbline Advisers now owns 253,749 shares of the transportation company’s stock worth $7,120,000 after buying an additional 2,334 shares in the last quarter. Strs Ohio acquired a new stake in shares of Trinity Industries in the first quarter valued at approximately $25,000. Intech Investment Management LLC lifted its holdings in Trinity Industries by 44.0% during the 1st quarter. Intech Investment Management LLC now owns 48,014 shares of the transportation company’s stock worth $1,347,000 after purchasing an additional 14,678 shares during the last quarter. Jane Street Group LLC lifted its holdings in Trinity Industries by 1,341.9% during the 1st quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company’s stock worth $3,763,000 after purchasing an additional 124,798 shares during the last quarter. Finally, Caxton Associates LLP bought a new position in Trinity Industries during the 1st quarter worth $358,000. 86.57% of the stock is currently owned by institutional investors.

Trinity Industries Trading Down 1.8%

Shares of TRN stock opened at $27.84 on Wednesday. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.01 and a current ratio of 1.96. Trinity Industries, Inc. has a 52-week low of $22.38 and a 52-week high of $39.83. The company has a market capitalization of $2.25 billion, a PE ratio of 24.42 and a beta of 1.53. The business’s fifty day moving average is $27.41 and its 200 day moving average is $26.99.

Trinity Industries (NYSE:TRN) last issued its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.12). Trinity Industries had a return on equity of 8.49% and a net margin of 3.83%.The business had revenue of $506.20 million during the quarter, compared to analysts’ expectations of $589.96 million. During the same quarter last year, the business posted $0.66 EPS. The company’s quarterly revenue was down 39.8% on a year-over-year basis. Trinity Industries has set its FY 2025 guidance at 1.400-1.60 EPS. On average, equities research analysts anticipate that Trinity Industries, Inc. will post 1.65 EPS for the current fiscal year.

Trinity Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, October 15th. This represents a $1.20 dividend on an annualized basis and a yield of 4.3%. Trinity Industries’s dividend payout ratio (DPR) is presently 105.26%.

Wall Street Analyst Weigh In

TRN has been the topic of a number of recent research reports. Wall Street Zen upgraded Trinity Industries from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Susquehanna cut their target price on Trinity Industries from $26.00 to $24.00 and set a “neutral” rating on the stock in a report on Tuesday, July 29th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Trinity Industries presently has a consensus rating of “Hold” and an average target price of $27.50.

About Trinity Industries

Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.