Trinity Industries (NYSE:TRN) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Trinity Industries, Inc. (NYSE:TRN) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $33.03 and traded as low as $31.86. Trinity Industries shares last traded at $32.4990, with a volume of 902,952 shares changing hands.

Wall Street Analyst Weigh In

Several research firms recently commented on TRN. Susquehanna upped their price objective on Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Wall Street Zen upgraded Trinity Industries from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 price objective on shares of Trinity Industries in a research note on Thursday, April 30th. Finally, Weiss Ratings upgraded Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One investment 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 target price of $35.50.

Trinity Industries Trading Up 1.1%

The stock has a market cap of $2.58 billion, a PE ratio of 10.42 and a beta of 1.40. The firm has a 50-day simple moving average of $33.03 and a 200-day simple moving average of $30.46. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 4.70.

Trinity Industries (NYSE:TRN) last posted its earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $492.00 million for the quarter, compared to the consensus estimate of $538.87 million. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The business’s quarterly revenue was down 16.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Equities analysts forecast that Trinity Industries, Inc. will post 2.3 earnings per share for the current year.

Trinity Industries Dividend Announcement

The business 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 dividend of $0.31 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.24 annualized dividend and a dividend yield of 3.8%. Trinity Industries’s dividend payout ratio is currently 39.74%.

Institutional Investors Weigh In On Trinity Industries

Several institutional investors have recently made changes to their positions in the stock. Capital International Investors raised its position in shares of Trinity Industries by 65.1% in the fourth quarter. Capital International Investors now owns 8,927,843 shares of the transportation company’s stock worth $236,251,000 after buying an additional 3,518,796 shares in the last quarter. Bridgeway Capital Management LLC purchased a new stake in shares of Trinity Industries in the third quarter worth $15,673,000. Millennium Management LLC raised its position in shares of Trinity Industries by 329.2% in the first 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 in the last quarter. Bank of America Corp DE raised its position in shares of Trinity Industries by 99.9% in the second quarter. Bank of America Corp DE now owns 772,648 shares of the transportation company’s stock worth $20,869,000 after buying an additional 386,102 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Trinity Industries by 46.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,158,014 shares of the transportation company’s stock worth $30,618,000 after buying an additional 368,604 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

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.