Dimensional Fund Advisors LP reduced its holdings in shares of Trinity Industries, Inc. (NYSE:TRN – Free Report) by 0.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,747,210 shares of the transportation company’s stock after selling 45,138 shares during the quarter. Dimensional Fund Advisors LP owned 5.92% of Trinity Industries worth $133,110,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in TRN. Strs Ohio acquired a new stake in Trinity Industries in the first quarter valued at approximately $25,000. Parkside Financial Bank & Trust boosted its stake 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 valued at $29,000 after purchasing an additional 597 shares during the period. Hantz Financial Services Inc. grew its holdings 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 in the last quarter. Federated Hermes Inc. grew its holdings in Trinity Industries by 77.6% during the 3rd quarter. Federated Hermes Inc. now owns 1,403 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 613 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased 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 period. Institutional investors and hedge funds own 86.57% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on TRN shares. Wall Street Zen raised Trinity Industries from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. 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 price target on shares of Trinity Industries and gave the company a “neutral” rating in a report on Thursday, February 12th. Finally, Susquehanna set a $34.00 price objective on shares of Trinity Industries and gave the company a “neutral” rating in a research note on Friday, February 13th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $33.50.
Trinity Industries Price Performance
Shares of TRN opened at $30.79 on Thursday. 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 $30.63 and a 200 day moving average price of $28.59. The company has a market cap of $2.46 billion, a P/E ratio of 10.00 and a beta of 1.42.
Trinity Industries (NYSE:TRN – Get 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 Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, April 15th. Trinity Industries’s payout ratio is presently 40.26%.
Trinity Industries Company 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.
Further Reading
- Five stocks we like better than Trinity Industries
- The gold chart Wall Street is terrified of…
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- The Next Commodity Crunch (bigger than oil?)
- Is Trump Done? Shocking leak…
Want to see what other hedge funds are holding TRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trinity Industries, Inc. (NYSE:TRN – Free Report).
Receive News & Ratings for Trinity Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Industries and related companies with MarketBeat.com's FREE daily email newsletter.
