Louisiana State Employees Retirement System Buys New Shares in Trinity Industries, Inc. $TRN

Louisiana State Employees Retirement System bought a new position in shares of Trinity Industries, Inc. (NYSE:TRN) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,600 shares of the transportation company’s stock, valued at approximately $1,146,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its stake in shares of Trinity Industries by 24.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 298 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Trinity Industries by 0.6% during the 1st quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock worth $2,069,000 after acquiring an additional 457 shares during the period. Fiduciary Financial Group LLC boosted its position in shares of Trinity Industries by 3.4% in the fourth quarter. Fiduciary Financial Group LLC now owns 14,014 shares of the transportation company’s stock worth $371,000 after acquiring an additional 465 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Trinity Industries by 94.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock worth $27,000 after acquiring an additional 494 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in Trinity Industries by 3.5% in the second quarter. Cerity Partners LLC now owns 16,343 shares of the transportation company’s stock valued at $441,000 after purchasing an additional 549 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on TRN. Susquehanna upped their price target 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. Weiss Ratings raised shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price objective on shares of Trinity Industries in a report on Thursday, April 30th. Finally, Wall Street Zen downgraded Trinity Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Trinity Industries currently has an average rating of “Hold” and an average price target of $35.50.

Trinity Industries Stock Down 0.4%

TRN opened at $33.98 on Friday. The firm has a 50 day moving average price of $33.98 and a 200 day moving average price of $31.81. The company has a market cap of $2.70 billion, a PE ratio of 10.89 and a beta of 1.36. Trinity Industries, Inc. has a 1 year low of $22.38 and a 1 year high of $37.36. The company has a debt-to-equity ratio of 4.70, a quick ratio of 0.94 and a current ratio of 1.87.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $538.87 million. During the same period in the previous year, the company posted $0.29 earnings per share. Trinity Industries’s revenue 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. Sell-side analysts expect that Trinity Industries, Inc. will post 2.3 earnings per share for the current year.

Trinity Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Trinity Industries’s dividend payout ratio (DPR) is currently 39.74%.

About Trinity Industries

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.