Capital Group Private Client Services Inc. Cuts Holdings in Trinity Industries, Inc. $TRN

Capital Group Private Client Services Inc. trimmed its position in Trinity Industries, Inc. (NYSE:TRN) by 87.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 16,686 shares of the transportation company’s stock after selling 118,550 shares during the period. Capital Group Private Client Services Inc.’s holdings in Trinity Industries were worth $468,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC boosted its stake in shares of Trinity Industries by 329.2% in the 1st quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock worth $17,902,000 after buying an additional 489,348 shares during the last quarter. Bank of America Corp DE increased its position in shares of Trinity Industries by 99.9% during the second quarter. Bank of America Corp DE now owns 772,648 shares of the transportation company’s stock valued at $20,869,000 after acquiring an additional 386,102 shares during the last quarter. Qube Research & Technologies Ltd increased its position in shares of Trinity Industries by 43.1% during the second quarter. Qube Research & Technologies Ltd now owns 966,334 shares of the transportation company’s stock valued at $26,101,000 after acquiring an additional 290,847 shares during the last quarter. American Century Companies Inc. lifted its holdings in Trinity Industries by 8.6% during the third quarter. American Century Companies Inc. now owns 2,976,431 shares of the transportation company’s stock worth $83,459,000 after acquiring an additional 236,837 shares during the period. Finally, Granite Investment Partners LLC lifted its holdings in Trinity Industries by 44.7% during the second quarter. Granite Investment Partners LLC now owns 726,584 shares of the transportation company’s stock worth $19,625,000 after acquiring an additional 224,578 shares during the period. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Trinity Industries in a research note on Monday, December 29th. The Goldman Sachs Group set a $33.00 target price on Trinity Industries and gave the company a “neutral” rating in a research report on Thursday, February 12th. Wall Street Zen upgraded Trinity Industries from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Susquehanna set a $34.00 price target on shares of Trinity Industries and gave the company a “neutral” rating in a research report on Friday, February 13th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Trinity Industries presently has an average rating of “Hold” and an average target price of $33.50.

Trinity Industries Trading Down 2.4%

Shares of TRN opened at $30.79 on Thursday. The stock has a market capitalization of $2.46 billion, a P/E ratio of 10.00 and a beta of 1.42. Trinity Industries, Inc. has a twelve month low of $22.38 and a twelve month high of $35.62. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 4.75. The firm has a fifty day simple moving average of $30.63 and a two-hundred day simple moving average of $28.59.

Trinity Industries (NYSE:TRN) last issued its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.30 by $0.01. The firm 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 quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 earnings per share. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. On average, research analysts anticipate that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.24 dividend on an annualized basis and a yield of 4.0%. Trinity Industries’s dividend payout ratio is presently 40.26%.

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.