Trinity Industries, Inc. (NYSE:TRN – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $37.58 and last traded at $37.6150, with a volume of 69759 shares traded. The stock had previously closed at $36.06.
Analyst Upgrades and Downgrades
TRN has been the topic of several research analyst reports. Susquehanna boosted their price target on shares of Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings upgraded Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $36.00 target price on shares of Trinity Industries in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $35.50.
View Our Latest Stock Report on TRN
Trinity Industries Stock Performance
Trinity Industries (NYSE:TRN – Get Free Report) last released its earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.04. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The firm had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. During the same quarter in the prior year, the firm posted $0.29 earnings per share. The company’s quarterly revenue 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, sell-side analysts anticipate that Trinity Industries, Inc. will post 2.3 EPS for the current year.
Trinity Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.31 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.24 annualized dividend and a yield of 3.4%. Trinity Industries’s payout ratio is currently 39.74%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Strs Ohio acquired a new position in shares of Trinity Industries during the first quarter worth about $25,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Trinity Industries by 94.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 494 shares during the period. Whittier Trust Co. boosted its position in Trinity Industries by 880.7% during the first quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock worth $28,000 after purchasing an additional 775 shares during the period. Smartleaf Asset Management LLC raised its holdings in Trinity Industries by 24.0% in 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 period. Finally, Kelleher Financial Advisors bought a new stake in Trinity Industries in the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 86.57% of the company’s stock.
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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