Trinity Industries, Inc. $TRN Stock Position Raised by Stephens Inc. AR

Stephens Inc. AR boosted its position in shares of Trinity Industries, Inc. (NYSE:TRN) by 1,416.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 123,770 shares of the transportation company’s stock after buying an additional 115,607 shares during the quarter. Stephens Inc. AR’s holdings in Trinity Industries were worth $3,471,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in Trinity Industries by 22.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 390,934 shares of the transportation company’s stock valued at $10,559,000 after buying an additional 70,391 shares during the period. Capital Investment Advisors LLC purchased a new position in shares of Trinity Industries during the 2nd quarter valued at $258,000. Ellsworth Advisors LLC purchased a new position in shares of Trinity Industries during the 3rd quarter valued at $1,172,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Trinity Industries in the second quarter worth $541,000. Finally, State of Alaska Department of Revenue raised its holdings in shares of Trinity Industries by 6.7% during the second quarter. State of Alaska Department of Revenue now owns 48,587 shares of the transportation company’s stock worth $1,311,000 after acquiring an additional 3,061 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Trinity Industries Price Performance

Shares of Trinity Industries stock opened at $27.36 on Friday. The company has a current ratio of 1.88, a quick ratio of 0.80 and a debt-to-equity ratio of 4.75. The firm has a fifty day simple moving average of $27.14 and a 200-day simple moving average of $27.44. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 24.00 and a beta of 1.46. Trinity Industries, Inc. has a 1-year low of $22.38 and a 1-year high of $39.83.

Trinity Industries (NYSE:TRN) last released its earnings results on Thursday, October 30th. The transportation company reported $0.38 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.38. Trinity Industries had a net margin of 4.39% and a return on equity of 8.18%. The firm had revenue of $454.10 million during the quarter, compared to analyst estimates of $532.66 million. During the same quarter in the previous year, the business earned $0.43 EPS. The business’s revenue was down 43.2% on a year-over-year basis. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. On average, sell-side analysts expect that Trinity Industries, Inc. will post 1.65 earnings per share for the current year.

Trinity Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.5%. The ex-dividend date is Thursday, January 15th. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.30. Trinity Industries’s dividend payout ratio is currently 108.77%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Susquehanna restated a “neutral” rating and issued a $23.00 target price on shares of Trinity Industries in a research note on Friday, October 31st. The Goldman Sachs Group set a $31.00 price target on Trinity Industries and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $27.00.

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.