Charles Schwab Investment Management Inc. Buys 20,576 Shares of Trinity Industries, Inc. $TRN

Charles Schwab Investment Management Inc. raised its holdings in shares of Trinity Industries, Inc. (NYSE:TRNFree Report) by 1.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,298,487 shares of the transportation company’s stock after purchasing an additional 20,576 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Trinity Industries were worth $34,332,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TRN. Stephens Inc. AR grew its holdings in shares of Trinity Industries by 1,416.2% during the third quarter. Stephens Inc. AR now owns 123,770 shares of the transportation company’s stock valued at $3,471,000 after buying an additional 115,607 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Trinity Industries by 87.9% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 76,236 shares of the transportation company’s stock valued at $2,138,000 after buying an additional 35,657 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Trinity Industries by 8.6% during the third quarter. American Century Companies Inc. now owns 2,976,431 shares of the transportation company’s stock valued at $83,459,000 after buying an additional 236,837 shares during the last quarter. Capital International Investors grew its holdings in shares of Trinity Industries by 10.2% during the third quarter. Capital International Investors now owns 5,409,047 shares of the transportation company’s stock valued at $151,588,000 after buying an additional 499,590 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Trinity Industries by 177.1% during the third quarter. Envestnet Asset Management Inc. now owns 332,783 shares of the transportation company’s stock valued at $9,331,000 after buying an additional 212,702 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

Trinity Industries Trading Down 2.9%

Shares of TRN stock opened at $34.26 on Friday. Trinity Industries, Inc. has a 12-month low of $22.38 and a 12-month high of $37.36. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 4.70. The firm’s 50 day moving average is $32.60 and its 200 day moving average is $30.03. The stock has a market capitalization of $2.72 billion, a P/E ratio of 10.98 and a beta of 1.40.

Trinity Industries (NYSE:TRNGet Free Report) last issued its 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 analysts’ expectations of $538.87 million. During the same quarter last year, the company posted $0.29 earnings per share. The firm’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. Research analysts expect that Trinity Industries, Inc. will post 2.3 earnings per share for the current year.

Trinity Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 15th were issued a $0.31 dividend. The ex-dividend date was Wednesday, April 15th. This represents a $1.24 annualized dividend and a yield of 3.6%. Trinity Industries’s dividend payout ratio (DPR) is currently 39.74%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TRN. Susquehanna increased their price target on shares of Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. The Goldman Sachs Group reiterated a “neutral” rating and set a $36.00 price target on shares of Trinity Industries in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded shares of Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Trinity Industries presently has an average rating of “Hold” and an average target price of $35.50.

View Our Latest Report on Trinity Industries

Trinity Industries Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Trinity Industries (NYSE:TRN)

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