Hsbc Holdings PLC Takes Position in Trinity Industries, Inc. $TRN

Hsbc Holdings PLC bought a new position in Trinity Industries, Inc. (NYSE:TRN) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 51,977 shares of the transportation company’s stock, valued at approximately $1,657,000. Hsbc Holdings PLC owned 0.07% of Trinity Industries at the end of the most recent reporting period.

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

Trinity Industries Stock Performance

Shares of TRN opened at $37.36 on Monday. The business’s fifty day simple moving average is $34.51 and its two-hundred day simple moving average is $32.73. 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, Inc. has a 12 month low of $22.38 and a 12 month high of $37.88. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 11.97 and a beta of 1.36.

Trinity Industries (NYSE:TRN) last posted its earnings results on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, topping 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 business had revenue of $492.00 million during the quarter, compared to analyst estimates of $538.87 million. During the same quarter last year, the company earned $0.29 EPS. The company’s quarterly revenue was down 16.0% compared to the same quarter last year. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Research analysts anticipate that Trinity Industries, Inc. will post 2.3 earnings per share for the current fiscal year.

Trinity Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.3%. The ex-dividend date is Wednesday, July 15th. Trinity Industries’s dividend payout ratio (DPR) is presently 39.74%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on TRN shares. Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Wall Street Zen lowered Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Susquehanna upped their price target 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. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 price target on shares of Trinity Industries in a research note on Thursday, April 30th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Trinity Industries presently has a consensus rating of “Hold” and a consensus target price of $35.50.

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.