Trinity Industries, Inc. (NYSE:TRN – Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $33.85 and traded as high as $35.21. Trinity Industries shares last traded at $33.9970, with a volume of 863,825 shares changing hands.
Analyst Ratings Changes
Several research firms recently commented on TRN. Susquehanna raised their price target on shares of Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Wall Street Zen lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 target price on shares of Trinity Industries in a research report on Thursday, April 30th. Finally, Weiss Ratings raised shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Trinity Industries currently has an average rating of “Hold” and a consensus target price of $35.50.
Check Out Our Latest Research Report on Trinity Industries
Trinity Industries Stock Performance
Trinity Industries (NYSE:TRN – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. The company had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. Trinity Industries’s quarterly revenue was down 16.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.29 EPS. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, research analysts expect that Trinity Industries, Inc. will post 2.3 EPS for the current year.
Trinity Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. Trinity Industries’s dividend payout ratio is currently 39.74%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Whittier Trust Co. lifted its holdings in Trinity Industries by 880.7% in the 1st quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock worth $28,000 after purchasing an additional 775 shares during the last quarter. Strs Ohio acquired a new position in Trinity Industries in the 1st quarter valued at $25,000. Northwestern Mutual Wealth Management Co. raised its holdings in Trinity Industries by 94.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock worth $27,000 after acquiring an additional 494 shares during the period. Kelleher Financial Advisors acquired a new position in Trinity Industries during the 3rd quarter worth $41,000. Finally, Smartleaf Asset Management LLC lifted its position in Trinity Industries by 24.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock worth $41,000 after acquiring an additional 298 shares during the last quarter. 86.57% of the stock is owned by institutional investors.
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.
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