Trinity Industries, Inc. $TRN Holdings Decreased by SG Americas Securities LLC

SG Americas Securities LLC cut its position in shares of Trinity Industries, Inc. (NYSE:TRN) by 44.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,029 shares of the transportation company’s stock after selling 21,729 shares during the quarter. SG Americas Securities LLC’s holdings in Trinity Industries were worth $758,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC lifted its position in shares of Trinity Industries by 329.2% in the 1st quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock worth $17,902,000 after buying an additional 489,348 shares during the last quarter. Bank of America Corp DE raised its stake in Trinity Industries by 99.9% during the second quarter. Bank of America Corp DE now owns 772,648 shares of the transportation company’s stock worth $20,869,000 after acquiring an additional 386,102 shares during the period. Qube Research & Technologies Ltd lifted its holdings in Trinity Industries by 43.1% in the second quarter. Qube Research & Technologies Ltd now owns 966,334 shares of the transportation company’s stock worth $26,101,000 after acquiring an additional 290,847 shares during the last quarter. Granite Investment Partners LLC boosted its stake in Trinity Industries by 44.7% in the second quarter. Granite Investment Partners LLC now owns 726,584 shares of the transportation company’s stock valued at $19,625,000 after acquiring an additional 224,578 shares during the period. Finally, American Century Companies Inc. boosted its stake in Trinity Industries by 8.1% in the second quarter. American Century Companies Inc. now owns 2,739,594 shares of the transportation company’s stock valued at $73,996,000 after acquiring an additional 205,177 shares during the period. Institutional investors and hedge funds own 86.57% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on TRN. Weiss Ratings reissued a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Susquehanna reaffirmed a “neutral” rating and issued a $23.00 target price on shares of Trinity Industries in a research report on Friday, October 31st. Finally, The Goldman Sachs Group set a $31.00 price target on shares of Trinity Industries and gave the company a “neutral” rating in a report on Friday, October 31st. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Trinity Industries presently has an average rating of “Hold” and a consensus price target of $27.00.

Trinity Industries Stock Performance

Shares of TRN stock opened at $26.59 on Wednesday. Trinity Industries, Inc. has a 12-month low of $22.38 and a 12-month high of $39.83. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 23.33 and a beta of 1.46. The business has a 50 day simple moving average of $27.20 and a 200 day simple moving average of $27.40.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.38 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.38. Trinity Industries had a return on equity of 8.18% and a net margin of 4.39%.The company had revenue of $454.10 million during the quarter, compared to analyst estimates of $532.66 million. During the same quarter in the previous year, the firm posted $0.43 EPS. The firm’s quarterly revenue was down 43.2% on a year-over-year basis. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. On average, equities research analysts anticipate that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be given a $0.31 dividend. The ex-dividend date is Thursday, January 15th. This represents a $1.24 dividend on an annualized basis and a yield of 4.7%. This is a boost from Trinity Industries’s previous quarterly dividend of $0.30. Trinity Industries’s payout ratio is currently 108.77%.

Trinity Industries 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.