Trinity Industries (NYSE:TRN – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.
A number of other equities research analysts also recently weighed in on TRN. Susquehanna set a $34.00 price target on Trinity Industries and gave the stock a “neutral” rating in a research note on Friday, February 13th. The Goldman Sachs Group set a $33.00 price target on Trinity Industries and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $33.50.
Trinity Industries Trading Up 0.2%
Trinity Industries (NYSE:TRN – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.01. The business had revenue of $611.20 million during the quarter, compared to analyst estimates of $570.45 million. Trinity Industries had a return on equity of 21.02% and a net margin of 11.73%.Trinity Industries’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. As a group, sell-side analysts forecast that Trinity Industries will post 1.65 EPS for the current fiscal year.
Institutional Trading of Trinity Industries
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in Trinity Industries by 22.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 390,934 shares of the transportation company’s stock worth $10,559,000 after purchasing an additional 70,391 shares during the last quarter. American Century Companies Inc. boosted its position in Trinity Industries by 8.6% during the third quarter. American Century Companies Inc. now owns 2,976,431 shares of the transportation company’s stock worth $83,459,000 after purchasing an additional 236,837 shares during the period. Stephens Inc. AR grew its holdings in Trinity Industries by 1,416.2% during the third quarter. Stephens Inc. AR now owns 123,770 shares of the transportation company’s stock valued at $3,471,000 after purchasing an additional 115,607 shares during the last quarter. Capital International Investors raised its position in shares of Trinity Industries by 10.2% in the third quarter. Capital International Investors now owns 5,409,047 shares of the transportation company’s stock valued at $151,588,000 after purchasing an additional 499,590 shares during the period. Finally, Concurrent Investment Advisors LLC raised its position in shares of Trinity Industries by 147.4% in the third quarter. Concurrent Investment Advisors LLC now owns 74,792 shares of the transportation company’s stock valued at $2,097,000 after purchasing an additional 44,560 shares during the period. Institutional investors and hedge funds 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.
Further Reading
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