Trinity Industries, Inc. $TRN Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in shares of Trinity Industries, Inc. (NYSE:TRN) by 5.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,287,480 shares of the transportation company’s stock after selling 485,689 shares during the quarter. Vanguard Group Inc. owned 11.58% of Trinity Industries worth $260,421,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Trinity Industries by 0.6% during the first quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock worth $2,069,000 after buying an additional 457 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Trinity Industries by 33.8% in the first quarter. AQR Capital Management LLC now owns 44,772 shares of the transportation company’s stock worth $1,244,000 after acquiring an additional 11,319 shares during the period. Millennium Management LLC raised its position in shares of Trinity Industries by 329.2% in the first quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock worth $17,902,000 after acquiring an additional 489,348 shares during the period. Jane Street Group LLC boosted its stake in shares of Trinity Industries by 1,341.9% during the 1st quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company’s stock worth $3,763,000 after acquiring an additional 124,798 shares in the last quarter. Finally, Intech Investment Management LLC boosted its stake in shares of Trinity Industries by 44.0% during the 1st quarter. Intech Investment Management LLC now owns 48,014 shares of the transportation company’s stock worth $1,347,000 after acquiring an additional 14,678 shares in the last quarter. 86.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wall Street Zen upgraded Trinity Industries from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. The Goldman Sachs Group set a $33.00 price objective on Trinity Industries and gave the company a “neutral” rating in a report on Thursday, February 12th. Susquehanna set a $34.00 target price on Trinity Industries and gave the stock a “neutral” rating in a research note on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $33.50.

Trinity Industries Price Performance

NYSE:TRN opened at $34.14 on Friday. The stock has a 50 day moving average of $29.78 and a two-hundred day moving average of $28.33. Trinity Industries, Inc. has a 12 month low of $22.38 and a 12 month high of $35.62. The firm has a market cap of $2.73 billion, a P/E ratio of 11.08 and a beta of 1.48. The company has a current ratio of 1.90, a quick ratio of 1.08 and a debt-to-equity ratio of 4.75.

Trinity Industries (NYSE:TRN) last released its earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.01. Trinity Industries had a return on equity of 21.02% and a net margin of 11.73%.The business had revenue of $611.20 million for the quarter, compared to the consensus estimate of $570.45 million. During the same quarter last year, the business posted $0.39 earnings per share. The business’s quarterly revenue 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, analysts expect that Trinity Industries, Inc. will post 1.65 earnings per share for the current fiscal year.

Trinity Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Thursday, January 15th. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.30. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. Trinity Industries’s payout ratio is currently 40.26%.

Trinity Industries 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.