Trinity Industries (NYSE:TRN) Shares Gap Up – Should You Buy?

Trinity Industries, Inc. (NYSE:TRN)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $26.58, but opened at $28.77. Trinity Industries shares last traded at $28.5430, with a volume of 55,861 shares traded.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TRN. Susquehanna reissued a “neutral” rating and issued a $23.00 price objective on shares of Trinity Industries in a research note on Friday, October 31st. The Goldman Sachs Group set a $31.00 price target on shares of Trinity Industries and gave the company a “neutral” rating in a research report on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $27.00.

Trinity Industries Stock Up 6.8%

The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. The company has a market cap of $2.28 billion, a PE ratio of 24.89 and a beta of 1.46. The business’s 50 day moving average is $26.87 and its 200-day moving average is $27.34.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.38 EPS for the quarter, meeting analysts’ consensus estimates of $0.38. The company had revenue of $454.10 million for the quarter, compared to the consensus estimate of $532.66 million. Trinity Industries had a net margin of 4.39% and a return on equity of 8.18%. The company’s quarterly revenue was down 43.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 EPS. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. As a group, analysts predict that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a $0.31 dividend. This is a boost from Trinity Industries’s previous quarterly dividend of $0.30. This represents a $1.24 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Thursday, January 15th. Trinity Industries’s payout ratio is 108.77%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada lifted its stake in Trinity Industries by 0.6% during the first quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock worth $2,069,000 after purchasing an additional 457 shares during the last quarter. Adage Capital Partners GP L.L.C. purchased a new position in Trinity Industries in the first quarter valued at approximately $841,000. AQR Capital Management LLC raised its holdings in Trinity Industries by 33.8% during the first quarter. AQR Capital Management LLC now owns 44,772 shares of the transportation company’s stock worth $1,244,000 after purchasing an additional 11,319 shares in the last quarter. Millennium Management LLC lifted its position in shares of Trinity Industries by 329.2% during the 1st quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock worth $17,902,000 after buying an additional 489,348 shares during the last quarter. Finally, Petrus Trust Company LTA purchased a new stake in shares of Trinity Industries during the 1st quarter worth approximately $452,000. Hedge funds and other institutional investors 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.