Concurrent Investment Advisors LLC Increases Stock Position in Trinity Industries, Inc. $TRN

Concurrent Investment Advisors LLC grew its holdings in Trinity Industries, Inc. (NYSE:TRN) by 147.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,792 shares of the transportation company’s stock after purchasing an additional 44,560 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.09% of Trinity Industries worth $2,097,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of TRN. Strs Ohio purchased a new stake in Trinity Industries in the 1st quarter valued at approximately $25,000. Parkside Financial Bank & Trust raised its holdings in shares of Trinity Industries by 129.5% in the second quarter. Parkside Financial Bank & Trust now owns 1,058 shares of the transportation company’s stock worth $29,000 after acquiring an additional 597 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Trinity Industries by 75.4% in the second quarter. GAMMA Investing LLC now owns 1,114 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 479 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of Trinity Industries during the second quarter valued at $43,000. Finally, EverSource Wealth Advisors LLC increased its position in Trinity Industries by 47.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,109 shares of the transportation company’s stock worth $57,000 after purchasing an additional 676 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TRN has been the topic of a number of recent research reports. Susquehanna restated a “neutral” rating and issued a $23.00 target price on shares of Trinity Industries in a report on Friday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. Finally, The Goldman Sachs Group set a $31.00 target price on shares of Trinity Industries and gave the stock a “neutral” rating in a research report on Friday, October 31st. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, Trinity Industries presently has a consensus rating of “Hold” and an average target price of $27.00.

Trinity Industries Trading Down 1.0%

Shares of TRN stock opened at $27.44 on Friday. The firm’s 50-day simple moving average is $27.10 and its 200-day simple moving average is $27.43. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. Trinity Industries, Inc. has a 1-year low of $22.38 and a 1-year high of $39.83. The firm has a market cap of $2.20 billion, a P/E ratio of 24.07 and a beta of 1.46.

Trinity Industries (NYSE:TRN) last issued its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. The firm had revenue of $454.10 million during the quarter, compared to analyst estimates of $532.66 million. Trinity Industries had a net margin of 4.39% and a return on equity of 8.18%. Trinity Industries’s revenue for the quarter was down 43.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 earnings per share. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. As a group, equities analysts forecast that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be given a $0.31 dividend. This is an increase from Trinity Industries’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $1.24 annualized dividend and a dividend yield of 4.5%. Trinity Industries’s dividend payout ratio is 105.26%.

Trinity Industries Profile

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.