Trinity Capital (NASDAQ:TRIN) Price Target Raised to $15.00 at Wells Fargo & Company

Trinity Capital (NASDAQ:TRIN) had its price objective increased by Wells Fargo & Company from $13.50 to $15.00 in a research report sent to investors on Thursday,Benzinga reports. Wells Fargo & Company currently has an underweight rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Wall Street Zen raised shares of Trinity Capital from a “sell” rating to a “hold” rating in a research note on Sunday, March 29th. Citigroup reaffirmed an “outperform” rating on shares of Trinity Capital in a research note on Tuesday, January 27th. Finally, Clear Str raised shares of Trinity Capital to a “strong-buy” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.64.

Trinity Capital Stock Down 1.5%

Shares of NASDAQ TRIN opened at $17.02 on Thursday. Trinity Capital has a twelve month low of $13.76 and a twelve month high of $17.38. The firm has a fifty day simple moving average of $15.24 and a 200 day simple moving average of $15.30. The company has a market capitalization of $1.52 billion, a PE ratio of 9.01 and a beta of 0.63.

Trinity Capital (NASDAQ:TRIN) last announced its earnings results on Wednesday, May 6th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. Trinity Capital had a net margin of 43.45% and a return on equity of 15.54%. The business had revenue of $51.37 million during the quarter, compared to the consensus estimate of $85.87 million. As a group, equities analysts expect that Trinity Capital will post 2.05 earnings per share for the current fiscal year.

Trinity Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 11th will be issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date is Thursday, June 11th. Trinity Capital’s dividend payout ratio is currently 104.08%.

Insider Transactions at Trinity Capital

In other Trinity Capital news, CEO Kyle Steven Brown bought 3,532 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were bought at an average price of $14.16 per share, for a total transaction of $50,013.12. Following the acquisition, the chief executive officer directly owned 620,709 shares of the company’s stock, valued at approximately $8,789,239.44. The trade was a 0.57% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Steve Louis Brown bought 27,109 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was acquired at an average price of $14.75 per share, for a total transaction of $399,857.75. Following the acquisition, the chairman directly owned 940,745 shares in the company, valued at $13,875,988.75. The trade was a 2.97% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 37,682 shares of company stock worth $553,902 in the last 90 days. 5.31% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Trinity Capital

A number of institutional investors and hedge funds have recently made changes to their positions in TRIN. Mutual Advisors LLC bought a new stake in Trinity Capital in the 3rd quarter worth about $1,421,000. AWM Capital LLC grew its position in Trinity Capital by 174.2% in the 3rd quarter. AWM Capital LLC now owns 177,090 shares of the company’s stock worth $2,741,000 after purchasing an additional 112,507 shares in the last quarter. Prevail Innovative Wealth Advisors LLC bought a new stake in Trinity Capital in the 3rd quarter worth about $1,959,000. Sound Income Strategies LLC grew its position in Trinity Capital by 58,959.3% in the 4th quarter. Sound Income Strategies LLC now owns 944,948 shares of the company’s stock worth $15,318,000 after purchasing an additional 943,348 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Trinity Capital by 14.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,746,217 shares of the company’s stock worth $27,032,000 after purchasing an additional 225,814 shares in the last quarter. Institutional investors and hedge funds own 24.62% of the company’s stock.

Trinity Capital News Summary

Here are the key news stories impacting Trinity Capital this week:

• Positive Sentiment: SBIC expansion materially enhances funding capacity and was a clear catalyst earlier in the session; the new SBIC license and planned SBIC fund buildout are expected to add substantial SBA‑backed leverage and more than $260M of incremental capacity, supporting growth in investment income. Trinity Capital (TRIN) Is Up 6.8% After New SBIC License Expands SBA-Backed Funding Access SBIC fund buildout article
• Positive Sentiment: Q1 results showed record net investment income and an EPS beat (reported $0.53 vs. $0.52 consensus); management highlighted strong year‑over‑year investment income growth. These operational metrics support dividend coverage and core earnings momentum. PR Newswire Q1 2026 results Zacks coverage
• Neutral Sentiment: Conference call and multiple transcript publications are available for deeper detail on portfolio performance, leverage plans and capital deployment; these provide color but no new headline surprises. InsiderMonkey transcript Seeking Alpha transcript Motley Fool transcript
• Negative Sentiment: Management filed a $300 million at‑the‑market (ATM) equity program, which provides flexible capital but can be dilutive and pressure the share price if used. That filing is likely a principal reason for today’s weaker trade. ATM $300M program announcement
• Negative Sentiment: Analysts raised price targets but left them below the current share price (Wells Fargo and Keefe Bruyette & Woods), and ratings remain cautious (underweight / market perform), which can cap near‑term upside. Benzinga analyst coverage

About Trinity Capital

Trinity Capital Corporation (NASDAQ: TRIN) is a publicly traded business development company that provides flexible financing solutions to venture-backed and growth-stage companies. As a venture lender, Trinity Capital offers customized capital structures, including secured debt and equity co-investment, designed to support companies that have progressed beyond early-stage funding but still require non-dilutive growth capital.

The company focuses its investments on technology-driven sectors such as software, fintech, healthcare, life sciences and cleantech.