Fifth Third Bancorp Purchases 19,873 Shares of Trinity Industries, Inc. $TRN

Fifth Third Bancorp boosted its holdings in shares of Trinity Industries, Inc. (NYSE:TRN) by 165.6% in the first quarter, HoldingsChannel reports. The firm owned 31,875 shares of the transportation company’s stock after acquiring an additional 19,873 shares during the period. Fifth Third Bancorp’s holdings in Trinity Industries were worth $1,026,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Capital International Investors raised its position in shares of Trinity Industries by 65.1% during the fourth quarter. Capital International Investors now owns 8,927,843 shares of the transportation company’s stock worth $236,251,000 after acquiring an additional 3,518,796 shares during the last quarter. State Street Corp raised its position in shares of Trinity Industries by 2.6% during the 4th quarter. State Street Corp now owns 3,106,755 shares of the transportation company’s stock valued at $82,143,000 after acquiring an additional 79,332 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Trinity Industries by 11.0% in the 2nd quarter. Invesco Ltd. now owns 1,421,839 shares of the transportation company’s stock valued at $38,404,000 after purchasing an additional 140,513 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Trinity Industries by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,298,487 shares of the transportation company’s stock valued at $34,332,000 after purchasing an additional 20,576 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Trinity Industries by 46.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,158,014 shares of the transportation company’s stock worth $30,618,000 after purchasing an additional 368,604 shares during the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Wall Street Analyst Weigh In

TRN has been the subject of a number of analyst reports. Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Wall Street Zen cut Trinity Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Susquehanna raised their target price on Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $36.00 target price on shares of Trinity Industries in a research report on Thursday, April 30th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $35.50.

Trinity Industries Price Performance

NYSE TRN opened at $37.36 on Friday. The business has a 50 day simple moving average of $34.51 and a 200 day simple moving average of $32.69. Trinity Industries, Inc. has a 52-week low of $22.38 and a 52-week high of $37.88. The company has a debt-to-equity ratio of 4.70, a quick ratio of 0.94 and a current ratio of 1.87. The stock 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 announced its earnings results on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. The firm had revenue of $492.00 million for the quarter, compared to the consensus estimate of $538.87 million. During the same period last year, the company posted $0.29 EPS. The business’s quarterly revenue was down 16.0% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Analysts anticipate that Trinity Industries, Inc. will post 2.3 earnings per share for the current fiscal year.

Trinity Industries Dividend Announcement

The business 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 dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, July 15th. Trinity Industries’s dividend payout ratio (DPR) is presently 39.74%.

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.