Tudor Investment Corp ET AL lowered its stake in shares of Trinity Industries, Inc. (NYSE:TRN – Free Report) by 70.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,881 shares of the transportation company’s stock after selling 234,769 shares during the period. Tudor Investment Corp ET AL owned 0.12% of Trinity Industries worth $2,745,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in shares of Trinity Industries during the 1st quarter worth $25,000. Hantz Financial Services Inc. grew its holdings in shares of Trinity Industries by 117.4% in the third quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 695 shares during the period. Federated Hermes Inc. grew its holdings in shares of Trinity Industries by 77.6% in the third quarter. Federated Hermes Inc. now owns 1,403 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 613 shares during the period. Kelleher Financial Advisors acquired a new stake in Trinity Industries during the third quarter worth about $41,000. Finally, EverSource Wealth Advisors LLC increased its position in Trinity Industries by 47.2% during the second quarter. EverSource Wealth Advisors LLC now owns 2,109 shares of the transportation company’s stock worth $57,000 after purchasing an additional 676 shares during the last quarter. 86.57% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on TRN shares. Susquehanna set a $34.00 target price on shares of Trinity Industries and gave the company a “neutral” rating in a report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. The Goldman Sachs Group set a $33.00 price objective on Trinity Industries and gave the company a “neutral” rating in a report on Thursday, February 12th. Finally, Wall Street Zen upgraded Trinity Industries from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $33.50.
Trinity Industries Trading Down 0.7%
NYSE TRN opened at $31.24 on Friday. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.90 and a quick ratio of 1.08. The stock has a market capitalization of $2.49 billion, a P/E ratio of 10.14 and a beta of 1.42. The firm’s 50-day moving average is $31.25 and its two-hundred day moving average is $28.75. Trinity Industries, Inc. has a 12 month low of $22.38 and a 12 month high of $35.62.
Trinity Industries (NYSE:TRN – Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. The business had revenue of $611.20 million during the quarter, compared to analysts’ expectations of $570.45 million. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the business earned $0.39 earnings per share. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. On average, sell-side analysts anticipate that Trinity Industries, Inc. will post 1.65 earnings per share for the current year.
Trinity Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $1.24 dividend on an annualized basis and a yield of 4.0%. Trinity Industries’s payout ratio is presently 40.26%.
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.
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