Trinity Industries, Inc. (NYSE:TRN – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $33.85 and traded as high as $35.21. Trinity Industries shares last traded at $33.9970, with a volume of 863,825 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. 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 note on Friday, May 1st. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 target price on shares of Trinity Industries in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Wall Street Zen cut Trinity Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $35.50.
Check Out Our Latest Research Report on TRN
Trinity Industries Price Performance
Trinity Industries (NYSE:TRN – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The firm had revenue of $492.00 million for the quarter, compared to the consensus estimate of $538.87 million. During the same quarter in the previous year, the company earned $0.29 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that Trinity Industries, Inc. will post 2.3 EPS for the current year.
Trinity Industries Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.31 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. Trinity Industries’s payout ratio is currently 39.74%.
Hedge Funds Weigh In On Trinity Industries
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRN. UBS Group AG boosted its position in shares of Trinity Industries by 92.3% in the fourth quarter. UBS Group AG now owns 455,201 shares of the transportation company’s stock worth $12,036,000 after buying an additional 218,437 shares during the period. American Century Companies Inc. raised its position in Trinity Industries by 8.6% during the third quarter. American Century Companies Inc. now owns 2,976,431 shares of the transportation company’s stock valued at $83,459,000 after buying an additional 236,837 shares during the period. Capital International Investors raised its position in Trinity Industries by 10.2% during the third quarter. Capital International Investors now owns 5,409,047 shares of the transportation company’s stock valued at $151,588,000 after buying an additional 499,590 shares during the period. Earnest Partners LLC lifted its stake in Trinity Industries by 38.5% in the 3rd quarter. Earnest Partners LLC now owns 299,529 shares of the transportation company’s stock worth $8,399,000 after acquiring an additional 83,315 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in Trinity Industries by 13.6% in the 4th quarter. Stephens Inc. AR now owns 140,638 shares of the transportation company’s stock worth $3,718,000 after acquiring an additional 16,868 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.
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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