Capital International Investors boosted its holdings in Trinity Industries, Inc. (NYSE:TRN – Free Report) by 10.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,409,047 shares of the transportation company’s stock after acquiring an additional 499,590 shares during the period. Capital International Investors owned about 6.75% of Trinity Industries worth $151,588,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of TRN. Strs Ohio bought a new position in shares of Trinity Industries during the first quarter valued at approximately $25,000. Parkside Financial Bank & Trust lifted its holdings in shares of Trinity Industries by 129.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,058 shares of the transportation company’s stock worth $29,000 after purchasing an additional 597 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Trinity Industries by 117.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 695 shares during the period. Federated Hermes Inc. grew its stake in Trinity Industries by 77.6% during the 3rd quarter. Federated Hermes Inc. now owns 1,403 shares of the transportation company’s stock worth $39,000 after buying an additional 613 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake 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 buying an additional 676 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on TRN shares. The Goldman Sachs Group set a $33.00 target price on Trinity Industries and gave the company a “neutral” rating in a research note on Thursday, February 12th. Wall Street Zen upgraded shares of Trinity Industries from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Susquehanna set a $34.00 price objective on shares of Trinity Industries and gave the stock a “neutral” rating in a report on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $33.50.
Trinity Industries Stock Down 2.4%
TRN opened at $30.79 on Thursday. Trinity Industries, Inc. has a one year low of $22.38 and a one year high of $35.62. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.08 and a current ratio of 1.90. The stock’s fifty day moving average is $30.63 and its 200-day moving average is $28.59. The company has a market capitalization of $2.46 billion, a PE ratio of 10.00 and a beta of 1.42.
Trinity Industries (NYSE:TRN – Get Free Report) last announced its earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.01. The business had revenue of $611.20 million during the quarter, compared to analysts’ expectations of $570.45 million. Trinity Industries had a return on equity of 21.02% and a net margin of 11.73%.The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.39 earnings per share. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. On average, equities analysts predict that Trinity Industries, Inc. will post 1.65 EPS for the current fiscal year.
Trinity Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.24 annualized dividend and a dividend yield of 4.0%. Trinity Industries’s payout ratio is currently 40.26%.
About Trinity Industries
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.
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