Trinity Industries (NYSE:TRN – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Sunday.
Other analysts also recently issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. The Goldman Sachs Group set a $33.00 price objective on shares of Trinity Industries and gave the stock 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 stock a “neutral” rating in a report on Friday, February 13th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $33.50.
Trinity Industries Stock Performance
Trinity Industries (NYSE:TRN – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. The business had revenue of $611.20 million during the quarter, compared to analyst estimates of $570.45 million. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. Trinity Industries’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the business earned $0.39 EPS. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. As a group, analysts expect that Trinity Industries will post 1.65 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Trinity Industries
Several large investors have recently bought and sold shares of the business. Summit Global Investments bought a new stake in Trinity Industries in the fourth quarter worth $345,000. XTX Topco Ltd purchased a new position in Trinity Industries during the fourth quarter worth $2,242,000. Voloridge Investment Management LLC purchased a new position in Trinity Industries during the fourth quarter worth $1,040,000. Tudor Investment Corp ET AL boosted its stake in Trinity Industries by 23.5% during the fourth quarter. Tudor Investment Corp ET AL now owns 120,861 shares of the transportation company’s stock worth $3,196,000 after buying an additional 22,980 shares during the period. Finally, Inspire Investing LLC boosted its stake in Trinity Industries by 9.2% during the fourth quarter. Inspire Investing LLC now owns 17,724 shares of the transportation company’s stock worth $469,000 after buying an additional 1,487 shares during the period. Institutional investors own 86.57% of the company’s stock.
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.
Further Reading
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.
