Stephens Inc. AR Buys 26,413 Shares of Trinity Industries, Inc. $TRN

Stephens Inc. AR lifted its stake in shares of Trinity Industries, Inc. (NYSE:TRNFree Report) by 18.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 167,051 shares of the transportation company’s stock after purchasing an additional 26,413 shares during the quarter. Stephens Inc. AR’s holdings in Trinity Industries were worth $5,376,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Praxis Investment Management Inc. acquired a new stake in Trinity Industries in the first quarter valued at $204,000. Heritage Investors Management Corp acquired a new position in Trinity Industries during the 1st quarter worth about $228,000. Janney Montgomery Scott LLC grew its position in shares of Trinity Industries by 14.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 29,881 shares of the transportation company’s stock valued at $962,000 after buying an additional 3,859 shares during the last quarter. Louisiana State Employees Retirement System bought a new stake in shares of Trinity Industries in the 1st quarter valued at about $1,146,000. Finally, Everstar Asset Management LLC increased its stake in shares of Trinity Industries by 1.6% in the first quarter. Everstar Asset Management LLC now owns 39,132 shares of the transportation company’s stock valued at $1,259,000 after buying an additional 621 shares during the period. 86.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TRN. The Goldman Sachs Group reissued a “neutral” rating and set a $36.00 target price on shares of Trinity Industries in a research report on Thursday, April 30th. 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. Wall Street Zen cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Susquehanna lifted their target price on shares of Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Trinity Industries currently has a consensus rating of “Hold” and a consensus target price of $35.50.

Get Our Latest Stock Report on Trinity Industries

Trinity Industries Stock Performance

TRN opened at $34.02 on Wednesday. Trinity Industries, Inc. has a 1-year low of $22.38 and a 1-year high of $37.36. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 10.90 and a beta of 1.36. The company’s fifty day moving average price is $34.10 and its two-hundred day moving average price is $31.93. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 4.70.

Trinity Industries (NYSE:TRNGet Free Report) last posted its earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The company had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. During the same quarter last year, the company earned $0.29 earnings per share. The company’s revenue for the quarter was down 16.0% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. On average, analysts expect that Trinity Industries, Inc. will post 2.3 EPS for the current fiscal year.

Trinity Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.24 annualized dividend and a dividend yield of 3.6%. Trinity Industries’s dividend payout ratio (DPR) is currently 39.74%.

About Trinity Industries

(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.

See Also

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

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