SG Americas Securities LLC reduced its holdings in Trinity Industries, Inc. (NYSE:TRN – Free Report) by 57.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,245 shares of the transportation company’s stock after selling 18,250 shares during the quarter. SG Americas Securities LLC’s holdings in Trinity Industries were worth $426,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in TRN. Strs Ohio bought a new stake in Trinity Industries during the first quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. increased its holdings 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 valued at $27,000 after buying an additional 494 shares in the last quarter. Kelleher Financial Advisors bought a new position in shares of Trinity Industries in the third quarter valued at $41,000. Smartleaf Asset Management LLC lifted its position 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. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Trinity Industries during the 3rd quarter valued at $57,000. 86.57% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on TRN. The Goldman Sachs Group reissued a “neutral” rating and set a $36.00 price objective on shares of Trinity Industries in a research note on Thursday, April 30th. Susquehanna upped their target price on Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Wall Street Zen lowered Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $35.50.
Trinity Industries Stock Up 0.7%
Trinity Industries stock opened at $34.16 on Thursday. The firm has a market cap of $2.72 billion, a PE ratio of 10.95 and a beta of 1.36. The company has a debt-to-equity ratio of 4.70, a quick ratio of 0.94 and a current ratio of 1.87. The firm’s 50 day moving average price is $34.15 and its two-hundred day moving average price is $31.97. Trinity Industries, Inc. has a twelve month low of $22.38 and a twelve month high of $37.36.
Trinity Industries (NYSE:TRN – Get Free Report) last issued its earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) 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 company had revenue of $492.00 million during the quarter, compared to analyst estimates of $538.87 million. During the same quarter last year, the business posted $0.29 EPS. The company’s revenue for the quarter was down 16.0% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. On average, research analysts predict that Trinity Industries, Inc. will post 2.3 EPS for the current fiscal year.
Trinity Industries Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Trinity Industries’s dividend payout ratio 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.
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