Shares of Trinity Industries, Inc. (NYSE:TRN – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $33.03 and traded as low as $31.86. Trinity Industries shares last traded at $32.4990, with a volume of 902,952 shares changing hands.
Analyst Ratings Changes
Several brokerages have commented on TRN. The Goldman Sachs Group reissued a “neutral” rating and issued a $36.00 price target on shares of Trinity Industries in a research report on Thursday, April 30th. Wall Street Zen raised shares of Trinity Industries from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Susquehanna lifted their price objective on shares of Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Weiss Ratings raised shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Trinity Industries presently has an average rating of “Hold” and an average price target of $35.50.
View Our Latest Research Report on Trinity Industries
Trinity Industries Trading Up 1.1%
Trinity Industries (NYSE:TRN – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The company had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. Trinity Industries’s quarterly revenue was down 16.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.29 earnings per share. 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 EPS for the current year.
Trinity Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.31 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $1.24 dividend on an annualized basis and a yield of 3.8%. Trinity Industries’s payout ratio is currently 39.74%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of TRN. Royal Bank of Canada boosted its holdings in shares of Trinity Industries by 0.6% in the first quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock valued at $2,069,000 after acquiring an additional 457 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Trinity Industries by 33.8% in the first quarter. AQR Capital Management LLC now owns 44,772 shares of the transportation company’s stock valued at $1,244,000 after acquiring an additional 11,319 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Trinity Industries by 329.2% in the first quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock valued at $17,902,000 after acquiring an additional 489,348 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Trinity Industries by 1,341.9% in the first quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company’s stock valued at $3,763,000 after acquiring an additional 124,798 shares in the last quarter. Finally, Intech Investment Management LLC boosted its holdings in shares of Trinity Industries by 44.0% in the first quarter. Intech Investment Management LLC now owns 48,014 shares of the transportation company’s stock valued at $1,347,000 after acquiring an additional 14,678 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.
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.
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