Ellsworth Advisors LLC Invests $1.17 Million in Trinity Industries, Inc. $TRN

Ellsworth Advisors LLC acquired a new position in shares of Trinity Industries, Inc. (NYSE:TRN) in the third quarter, Holdings Channel reports. The institutional investor acquired 41,597 shares of the transportation company’s stock, valued at approximately $1,172,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jump Financial LLC purchased a new stake in shares of Trinity Industries in the 1st quarter valued at approximately $349,000. Capital Investment Advisors LLC acquired a new stake in Trinity Industries in the 2nd quarter valued at approximately $258,000. JPMorgan Chase & Co. increased its holdings in Trinity Industries by 22.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 390,934 shares of the transportation company’s stock valued at $10,559,000 after purchasing an additional 70,391 shares during the last quarter. State of Alaska Department of Revenue raised its position in Trinity Industries by 6.7% in the second quarter. State of Alaska Department of Revenue now owns 48,587 shares of the transportation company’s stock valued at $1,311,000 after purchasing an additional 3,061 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Trinity Industries during the second quarter worth $541,000. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Trinity Industries Price Performance

TRN stock opened at $27.52 on Friday. The business’s 50-day moving average is $27.04 and its two-hundred day moving average is $27.31. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. The firm has a market capitalization of $2.21 billion, a P/E ratio of 24.14 and a beta of 1.48. Trinity Industries, Inc. has a 1 year low of $22.38 and a 1 year high of $39.83.

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

Trinity Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Thursday, January 15th. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.30. Trinity Industries’s dividend payout ratio (DPR) is 105.26%.

Trinity Industries Company 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.