Trinity Industries, Inc. $TRN Stock Position Raised by Fifth Third Bancorp

Fifth Third Bancorp grew its position in shares of Trinity Industries, Inc. (NYSE:TRN) by 165.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,875 shares of the transportation company’s stock after buying an additional 19,873 shares during the quarter. Fifth Third Bancorp’s holdings in Trinity Industries were worth $1,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in TRN. Capital International Investors increased its stake in shares of Trinity Industries by 65.1% during the 4th quarter. Capital International Investors now owns 8,927,843 shares of the transportation company’s stock worth $236,251,000 after purchasing an additional 3,518,796 shares during the last quarter. State Street Corp boosted its holdings in Trinity Industries by 2.6% in the fourth quarter. State Street Corp now owns 3,106,755 shares of the transportation company’s stock worth $82,143,000 after purchasing an additional 79,332 shares in the last quarter. Invesco Ltd. boosted its holdings in Trinity Industries by 11.0% in the second quarter. Invesco Ltd. now owns 1,421,839 shares of the transportation company’s stock worth $38,404,000 after purchasing an additional 140,513 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Trinity Industries by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,298,487 shares of the transportation company’s stock worth $34,332,000 after buying an additional 20,576 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Trinity Industries by 46.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,158,014 shares of the transportation company’s stock valued at $30,618,000 after buying an additional 368,604 shares in the last quarter. Institutional investors own 86.57% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on TRN shares. Susquehanna upped their price target on Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and issued a $36.00 price objective on shares of Trinity Industries in a research note on Thursday, April 30th. Weiss Ratings upgraded Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Wall Street Zen cut Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $35.50.

Trinity Industries Trading Up 1.6%

Shares of TRN stock opened at $37.36 on Friday. The firm has a market capitalization of $2.97 billion, a P/E ratio of 11.97 and a beta of 1.36. Trinity Industries, Inc. has a 1 year low of $22.38 and a 1 year high of $37.88. The firm’s fifty day simple moving average is $34.51 and its 200 day simple moving average is $32.69. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 4.70.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. The company had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. During the same period last year, the business posted $0.29 EPS. The business’s quarterly revenue was down 16.0% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, sell-side analysts predict that Trinity Industries, Inc. will post 2.3 EPS for the current year.

Trinity Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.31 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.24 dividend on an annualized basis and a yield of 3.3%. Trinity Industries’s payout ratio is currently 39.74%.

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.