Trinity Industries (NYSE:TRN) Given New $34.00 Price Target at Susquehanna

Trinity Industries (NYSE:TRN) had its price target trimmed by Susquehanna from $35.00 to $34.00 in a report issued on Friday,Benzinga reports. The firm currently has a neutral rating on the transportation company’s stock.

TRN has been the topic of several other research reports. Wall Street Zen lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. The Goldman Sachs Group reiterated a “neutral” rating and set a $36.00 price objective on shares of Trinity Industries in a research note on Thursday, April 30th. Finally, Weiss Ratings raised shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $35.00.

Trinity Industries Stock Performance

Trinity Industries stock opened at $31.31 on Friday. The stock’s 50-day moving average is $34.69 and its 200-day moving average is $32.94. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 7.54 and a beta of 1.36. The company has a debt-to-equity ratio of 4.56, a current ratio of 1.89 and a quick ratio of 0.94. Trinity Industries has a 12 month low of $22.38 and a 12 month high of $38.31.

Trinity Industries (NYSE:TRN) last released its quarterly earnings data 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. The business had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a return on equity of 18.51% and a net margin of 16.62%.The company’s revenue was down 16.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.29 EPS. Equities analysts anticipate that Trinity Industries will post 2.3 earnings per share for the current year.

Trinity Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a $0.31 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.0%. Trinity Industries’s dividend payout ratio (DPR) is 39.74%.

Institutional Investors Weigh In On Trinity Industries

Several hedge funds have recently modified their holdings of TRN. Segall Bryant & Hamill LLC purchased a new position in Trinity Industries in the 1st quarter worth approximately $1,587,000. McIlrath & Eck LLC acquired a new stake in Trinity Industries in the first quarter valued at approximately $123,000. Bank of America Corp DE raised its stake in shares of Trinity Industries by 9.2% during the first quarter. Bank of America Corp DE now owns 1,089,488 shares of the transportation company’s stock valued at $35,060,000 after purchasing an additional 91,964 shares during the period. Amundi raised its stake in shares of Trinity Industries by 58.2% during the first quarter. Amundi now owns 39,926 shares of the transportation company’s stock valued at $1,285,000 after purchasing an additional 14,689 shares during the period. Finally, California State Teachers Retirement System lifted its position in shares of Trinity Industries by 29.1% during the first quarter. California State Teachers Retirement System now owns 98,109 shares of the transportation company’s stock worth $3,157,000 after purchasing an additional 22,107 shares in the last quarter. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

More Trinity Industries News

Here are the key news stories impacting Trinity Industries this week:

• Positive Sentiment: Trinity reported second-quarter revenue of approximately $485 million, ahead of the $474.8 million consensus estimate. Continuing-operations EPS was $1.25, while railcar utilization remained strong at 97.3%, with a 3.5% future lease-rate differential. The company delivered 1,570 railcars and received 1,560 new orders. Trinity Industries Announces Second Quarter 2026 Results
• Neutral Sentiment: Management updated full-year 2026 EPS guidance to $2.20–$2.40, versus the analyst consensus of $2.32. The range continues to include the consensus estimate, but its midpoint is slightly below expectations, limiting the positive impact of the quarterly results. Trinity Industries 2026 Q2 Results Presentation
• Negative Sentiment: Revenue declined about 4.2% year over year, indicating weaker top-line performance despite better-than-expected quarterly revenue. One earnings report also cited a $0.36 per-share loss against a $1.34 consensus estimate, contrasting with the company’s reported $1.25 continuing-operations EPS and creating uncertainty around the earnings figures and accounting presentation. Trinity Industries Q2 Income Rises, Revenue Falls
• Negative Sentiment: Susquehanna lowered its Trinity Industries price target from $35 to $34 and maintained a neutral rating. Although the revised target implies potential upside from the current level, the reduction signals limited near-term conviction following the earnings release. Benzinga analyst update

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.