Trinity Industries, Inc. $TRN Shares Acquired by American Century Companies Inc.

American Century Companies Inc. raised its stake in shares of Trinity Industries, Inc. (NYSE:TRNFree Report) by 8.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,976,431 shares of the transportation company’s stock after acquiring an additional 236,837 shares during the quarter. American Century Companies Inc. owned approximately 3.71% of Trinity Industries worth $83,459,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TRN. Royal Bank of Canada increased its position in shares of Trinity Industries by 0.6% in the 1st quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock worth $2,069,000 after purchasing an additional 457 shares during the last quarter. AQR Capital Management LLC grew its stake in Trinity Industries by 33.8% in the first quarter. AQR Capital Management LLC now owns 44,772 shares of the transportation company’s stock worth $1,244,000 after purchasing an additional 11,319 shares in the last quarter. Millennium Management LLC increased its holdings in Trinity Industries by 329.2% in the first quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock valued at $17,902,000 after buying an additional 489,348 shares during the last quarter. Jane Street Group LLC increased its holdings in Trinity Industries by 1,341.9% in the first quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company’s stock valued at $3,763,000 after buying an additional 124,798 shares during the last quarter. Finally, Intech Investment Management LLC raised its stake in Trinity Industries by 44.0% during the first quarter. Intech Investment Management LLC now owns 48,014 shares of the transportation company’s stock valued at $1,347,000 after buying an additional 14,678 shares in the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on TRN. Weiss Ratings reiterated a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. The Goldman Sachs Group set a $33.00 price target on Trinity Industries and gave the company a “neutral” rating in a research report on Thursday, February 12th. Wall Street Zen raised shares of Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Susquehanna set a $34.00 target price on shares of Trinity Industries and gave the company a “neutral” rating in a research note on Friday, February 13th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $33.50.

Get Our Latest Stock Report on Trinity Industries

Trinity Industries Price Performance

Shares of TRN opened at $34.15 on Wednesday. Trinity Industries, Inc. has a 12 month low of $22.38 and a 12 month high of $35.62. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.90 and a quick ratio of 1.08. The stock has a fifty day moving average price of $30.03 and a 200 day moving average price of $28.42. The company has a market cap of $2.73 billion, a P/E ratio of 11.09 and a beta of 1.42.

Trinity Industries (NYSE:TRNGet Free Report) last announced its quarterly earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.01. The company had revenue of $611.20 million during the quarter, compared to the consensus estimate of $570.45 million. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. On average, research analysts forecast that Trinity Industries, Inc. will post 1.65 earnings per share for the current year.

Trinity Industries Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Trinity Industries (NYSE:TRN)

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