Capital Fund Management S.A. Has $2.57 Million Holdings in Trinity Industries, Inc. $TRN

Capital Fund Management S.A. increased its holdings in shares of Trinity Industries, Inc. (NYSE:TRN) by 800.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 95,241 shares of the transportation company’s stock after acquiring an additional 84,667 shares during the quarter. Capital Fund Management S.A.’s holdings in Trinity Industries were worth $2,572,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Strs Ohio acquired a new position in shares of Trinity Industries during the 1st quarter worth approximately $25,000. Parkside Financial Bank & Trust boosted its stake in shares of Trinity Industries by 129.5% in the second quarter. Parkside Financial Bank & Trust now owns 1,058 shares of the transportation company’s stock valued at $29,000 after buying an additional 597 shares during the period. GAMMA Investing LLC grew its position in Trinity Industries by 75.4% during the second quarter. GAMMA Investing LLC now owns 1,114 shares of the transportation company’s stock worth $30,000 after buying an additional 479 shares in the last quarter. Headlands Technologies LLC increased its stake in Trinity Industries by 3,418.2% during the 1st quarter. Headlands Technologies LLC now owns 1,548 shares of the transportation company’s stock worth $43,000 after acquiring an additional 1,504 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new position in Trinity Industries in the 2nd quarter valued at $43,000. Institutional investors own 86.57% of the company’s stock.

Trinity Industries Stock Up 2.2%

Shares of NYSE TRN opened at $27.11 on Thursday. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 23.78 and a beta of 1.48. The company has a current ratio of 1.88, a quick ratio of 0.80 and a debt-to-equity ratio of 4.75. Trinity Industries, Inc. has a 12 month low of $22.38 and a 12 month high of $39.83. The stock has a 50-day moving average price of $26.97 and a two-hundred day moving average price of $27.05.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.38 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.38. The company had revenue of $454.10 million for the quarter, compared to the consensus estimate of $532.66 million. Trinity Industries had a net margin of 4.39% and a return on equity of 8.18%. The firm’s quarterly revenue was down 43.2% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. As a group, analysts forecast that Trinity Industries, Inc. will post 1.65 earnings per share for the current fiscal year.

Trinity Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 4.6%. This is a boost from Trinity Industries’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, January 15th. Trinity Industries’s dividend payout ratio (DPR) is currently 105.26%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Trinity Industries in a report on Monday. Wall Street Zen upgraded shares of Trinity Industries from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Susquehanna reissued a “neutral” rating and issued a $23.00 target price on shares of Trinity Industries in a report on Friday, October 31st. Finally, The Goldman Sachs Group set a $31.00 price target on shares of Trinity Industries and gave the stock a “neutral” rating in a report on Friday, October 31st. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $27.00.

Trinity Industries Company Profile

Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.