Trinity Industries (NYSE:TRN) Downgraded by Wall Street Zen to Hold

Wall Street Zen lowered shares of Trinity Industries (NYSE:TRN) from a buy rating to a hold rating in a report published on Saturday morning.

TRN has been the topic of several other reports. Susquehanna set a $34.00 price objective on shares of Trinity Industries and gave the stock a “neutral” rating in a report on Friday, February 13th. The Goldman Sachs Group set a $33.00 target price on shares of Trinity Industries and gave the company a “neutral” rating in a report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed 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 MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $33.50.

Trinity Industries Price Performance

Shares of NYSE:TRN opened at $33.05 on Friday. The company has a market cap of $2.64 billion, a P/E ratio of 10.73 and a beta of 1.46. The business has a fifty day simple moving average of $31.78 and a 200-day simple moving average of $28.91. Trinity Industries has a 52 week low of $22.38 and a 52 week high of $35.62. 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 (NYSE:TRN) last released its earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, topping 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 firm 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. The firm’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. Equities research analysts forecast that Trinity Industries will post 1.65 EPS for the current year.

Trinity Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be paid a dividend of $0.31 per share. The ex-dividend date is Wednesday, April 15th. This represents a $1.24 annualized dividend and a yield of 3.8%. Trinity Industries’s dividend payout ratio is currently 40.26%.

Hedge Funds Weigh In On Trinity Industries

Several hedge funds and other institutional investors have recently modified their holdings of the company. Strs Ohio purchased a new position in Trinity Industries in the first quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. grew its stake in Trinity Industries by 94.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock worth $27,000 after buying an additional 494 shares during the period. Hantz Financial Services Inc. grew its stake in Trinity Industries by 117.4% during the third quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock worth $36,000 after buying an additional 695 shares during the period. Federated Hermes Inc. increased its position 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 worth $39,000 after acquiring an additional 613 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Trinity Industries by 24.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 298 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

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.