Trinity Industries, Inc. $TRN Stock Holdings Decreased by Fisher Asset Management LLC

Fisher Asset Management LLC lowered its position in shares of Trinity Industries, Inc. (NYSE:TRNFree Report) by 98.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,682 shares of the transportation company’s stock after selling 392,007 shares during the quarter. Fisher Asset Management LLC’s holdings in Trinity Industries were worth $215,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Strs Ohio purchased a new position in Trinity Industries during the 1st quarter worth approximately $25,000. Parkside Financial Bank & Trust raised its stake in Trinity Industries by 129.5% during the 2nd 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. lifted its holdings in shares of Trinity Industries by 117.4% in the third 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. lifted its holdings in shares of Trinity Industries by 77.6% in the third 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 boosted its position in shares of Trinity Industries by 47.2% in the second 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. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TRN. Wall Street Zen upgraded Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Susquehanna set a $34.00 price objective on Trinity Industries and gave the stock a “neutral” rating in a research report on Friday, February 13th. 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.50.

View Our Latest Stock Report on TRN

Trinity Industries Trading Down 0.2%

Shares of NYSE:TRN opened at $31.83 on Tuesday. The firm has a fifty day moving average of $30.45 and a two-hundred day moving average of $28.55. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 4.75. Trinity Industries, Inc. has a 12-month low of $22.38 and a 12-month high of $35.62. The firm has a market capitalization of $2.54 billion, a P/E ratio of 10.34 and a beta of 1.42.

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

Trinity Industries Announces Dividend

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 given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, April 15th. Trinity Industries’s dividend payout ratio is presently 40.26%.

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

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

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