Trinity Industries, Inc. (NYSE:TRN – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 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 trading hands.
Analyst Ratings Changes
Several brokerages have recently weighed in on TRN. Susquehanna lifted their target price 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 raised shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Wall Street Zen raised shares of Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $36.00 target price on shares of Trinity Industries in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $35.50.
Trinity Industries Stock Up 1.1%
Trinity Industries (NYSE:TRN – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $492.00 million during the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. The company’s revenue was down 16.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, equities research analysts expect that Trinity Industries, Inc. will post 2.3 earnings per share for the current fiscal year.
Trinity Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.31 dividend. The ex-dividend date of this dividend 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 presently 39.74%.
Institutional Investors Weigh In On Trinity Industries
Large investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in shares of Trinity Industries by 24.0% in the fourth 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 in the last quarter. Atlantic Union Bankshares Corp lifted its position in shares of Trinity Industries by 2.5% in the third quarter. Atlantic Union Bankshares Corp now owns 17,656 shares of the transportation company’s stock valued at $495,000 after acquiring an additional 423 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Trinity Industries by 8.3% in the first quarter. PNC Financial Services Group Inc. now owns 5,567 shares of the transportation company’s stock valued at $179,000 after acquiring an additional 427 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Trinity Industries by 0.6% in the first quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock valued at $2,069,000 after acquiring an additional 457 shares in the last quarter. Finally, Fiduciary Financial Group LLC lifted its position in shares of Trinity Industries by 3.4% in the fourth quarter. Fiduciary Financial Group LLC now owns 14,014 shares of the transportation company’s stock valued at $371,000 after acquiring an additional 465 shares in the last quarter. 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.
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